An undisclosed buyer signed a share purchase agreement to acquire Oceanteam Cable Solutions B.V from Oceanteam ASA (OB:OTS) for ?5.2 million on December 31, 2022. The proceeds from the sale were used to repay the shareholder loans from Stichting Value Partners Family Office and Corinvest B.V. The transaction was conditional on approval by an extraordinary general meeting. As of January 3, 2023,shareholders of Oceanteam in the general meeting approved the sale.

An undisclosed buyer completed the acquisition of Oceanteam Cable Solutions B.V from Oceanteam ASA (OB:OTS) on January 31, 2023.