Subsea services group Acteon has acquired Bruce Anchor in aim to enhanced its capabilities in the provision of temporary and permanent mooring systems.
The acquisition adds to Acteon’s capability in the mooring and installation market, but Bruce Anchor will retain its independence within the Acteon portfolio.
Peter Bruce, founder of the company, said: “I’m pleased to hand over the reins and look forward to supporting Acteon during the transition and into the next era for the Bruce brand. I’d also like to thank our clients for their support over the years.”
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 Mr Bruce during the transition into Acteon.
Dr Bruggaier concluded: “The acquisition strengthens Acteon’s offering to its global client base. 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. We very much look forward to working with Steve and the team.”
By Alice Mason
