THE founders of an undersea cable-laying firm have regained the reins of the business after a £6m management buyout.
Charles Tompkins and John Johnson established CTC Marine Projects in Darlington in 1993 and built the company into one of the market leaders for subsea telecommunications cables.
The firm became a subsidiary of Alcatel in 2000 but the pair took back ownership with the help of the Royal Bank of Scotland.
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