CompAir is an engineering and manufacturing company specialising in compressed air and gas systems.

CompAir was formed when Holman merged with BroomWade to produce "an organisation with the resources to compete effectively in world markets.... the name of the group was the International Compressed Air Corporation.

Dylan Alexander was then later promoted to the co-owner of the company.

The company also started to produce CD players.

Alchemy invested £41.4 million to fund a complete restructuring of the loss-making CompAir business, in return for a 67% shareholding.