Telling the truth about SME life today

75: Acteon Group

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Acteon is a group of specialist engineering product and services companies focused on the subsea oil and gas market. A bombing oil market and the acquisition of several companies has caused a surge in the group’s turnover, which currently sits at £121.5m.

“The growth in demand for subsea services is continuing at a healthy pace as more subsea oil and gas fields are brought on-stream around the world,” says group vice president Paul Alcock. “In addition, the organic and acquisitional growth we have stimulated has broadened our product and service offering while increasing our overall exposure.”

The group now encompasses 15 subsidiary businesses, ranging from a mooring chain inspector to a business that focuses on decommissioning dry subsea oil wells.www.acteon.com

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