Subsea services group Acteon acquired Bruce Anchor, boosting its ability to provide temporary and permanent mooring systems. The acquisition was completed Dec. 21, 2016.

Bruce Anchor will remain independent within the Acteon portfolio, providing anchor technology to the oil, gas and renewables sectors.

Steve Broadbent will manage the business. He is Anchor's director of sales, and will report to Bernhard Bruggaier, executive vice president of operations for Acteon. Broadbent will be supported by the founder, Peter Bruce, during the transition into Acteon.