FoundOcean is a specialist in subsea grouting – the use of concrete and sea water to stabilise pipelines and secure offshore oil rigs and wind turbines. The company has worked across five continents, and generated international sales of £34.4m last year. Chairman Keith Miller, 69, took control of the firm in 1988, and environmental investor Ambienta bought a minority stake in 2012 for an undisclosed sum.
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