International Track 200

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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Company details
ActivityOffshore grouting specialist
2-yr av intl sales growth pa91.23%
International sales £000s*34,359
Total sales £000s*46,841

If applicable:

* Supplied by company † Annualised figure