FoundOcean report that Ambienta SGR, Europe’s largest private equity fund focused on the environmental sector, has signed an agreement to acquire a 35% stake in the company.

Jim Bell, Managing Director at FoundOcean explained, “We are delighted that Ambienta has chosen to invest in FoundOcean as it makes the transition from a 40-person company to 100 and beyond. The investment will enable FoundOcean to continue with its forecasted growth strategy of expanding its high profile presence in the offshore renewables sector by building additional grout mixing equipment, and employing more engineers and operational personnel.”

Tags: Ambienta SGR, FoundOcean