Acteon provides equipment and services to link seabed oil wells with surface facilities. Under Richard Higham, sales increased 23% in 2011 on the back of acquisitions, and earlier this year First Reserve appointed advisers to sell the firm with a reported £1 billion price tag.

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Company details
Year2012
Rank63
CompanyActeon
ActivitySubsea services provider
LocationNorwich
Sales £m*381.4
Operating profit £m*63.1
Main shareholdersKKR (52%), management (48%)
Staff1,765
Founded1989
Websitewww.acteon.com

If applicable:

* supplied by Company   † annualised figure   ‡  profit = ebitda