Visionaire Invest AS acquired Visionaire Energy AS and Rada Engineering & Consulting Bergen AS and VTT Maritime AS and VTT Maritime West Africa Ltd. from OTI Greentech AG (DUSE:NSA) for €4 million on December 5, 2017. Pursuant to the sale and purchase agreement, Visionaire Invest has waived the repayment of a loan granted to OTI Greentech including interest in a total amount of approximately €1.5 million. In addition, Visionaire Invest will take over all the liabilities of the transferred business units totalling €2.5 million. Johnny Christiansen, Member of the Board of Executive Directors, will cease to be a member of the Board of Executive Directors of OTI Greentech from midnight December 5, 2017. Visionaire Invest AS completed the acquisition of Visionaire Energy AS and Rada Engineering & Consulting Bergen AS and VTT Maritime AS and VTT Maritime West Africa Ltd. from OTI Greentech AG (DUSE:NSA) on December 5, 2017