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Drilling Industry News

Gardner Denver Acquires Assets of Best Aire

September 11, 2008

Gardner Denver Inc. has acquired substantially all of the assets of Best Aire Inc., a U.S. distributor of compressed air and gas products, serving the Ohio market through its headquarters in Millbury, Ohio, with additional distribution operations in Kalamazoo, Mich., and Indianapolis.

"Gardner Denver intends to increase its focus on aftermarket sales and service, including adding distribution channels, if necessary, to enhance our ability to better serve our end-users worldwide," says Barry Pennypacker, president and chief executive officer of Gardner Denver. "I am very pleased to add Best Aire to Gardner Denver's compressor operations in North America. This business provides a good base business in Ohio, Indiana and Michigan that will allow for expansion of product lines and aftermarket parts and service to a critical customer base in the Midwestern U.S."

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