EQT Infrastructure VI fund, through the investment vehicle Otello BidCo AB, completed its previously announced public offer for OX2.

Peas Industries AB, OX2's founder and largest shareholder, holding approximately 45.6 percent of the shares, agreed to accept the offer, providing significant backing for the acquisition.

Otello BidCo AB had acquired 95.58 percent of OX2's shares.

Following the acquisition, OX2 applied for delisting from Nasdaq Stockholm, with the last day of trading set for October 21, 2024.