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UK Oil & Gas Firm closes 2 M&A Deals in Houston, Texas.

5/19/2020

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Acteon  Ltd., a UK leader in subsea services, expands its technologies and footprint in the USA by making two  acquisitions of Texas companies in 2018-2019. Acteon bought for $9.4 million Deepwater Corrosion Services, Inc.,  a specialist in catholic protection systems for oil and gas platforms and wind This Houston-based company, with also operates internationally.   Acteon returned to the Houston market in 2019 by acquiring Benthic USA LLC, an offshore marine geotechnical and geophysical survey company, with 23 employees. The deal helped Acteon add deepwater surveying capabilities and further expand its US operations Terms of the second deal were not disclosed. ​
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