Acteon Group Acquires Bruce Anchor
Subsea services group Acteon has acquired Bruce Anchor, expanding its capability in the mooring and installation market.
Providing anchor technology to global clients in the oil and gas and renewables sectors, Bruce Anchor, which was originally founded in 1972, will retain its independence within the Acteon portfolio.
Reporting to Bernhard Bruggaier, Acteon’s Executive Vice President of Operations, Bruce Anchor’s Director of Sales, Steve Broadbent, will manage the business. He will be supported by the founder, Peter Bruce, during the transition into Acteon.
Dr Bruggaier said, “Whilst the products are complementary to those already in our Group companies, we will ensure that Bruce Anchor retains its independence to allow our moorings businesses to offer the best possible technical solutions for all applications.”
The transaction was completed on December 21, 2016.
February 2024
