The remaining 33% of shares are still owned by CT Offshore’s founder and chief executive Paw Cortes, who will continue in his current role. The company will also maintain its headquarters in Odense, Denmark.

A2SEA chief executive Jens Frederik Hansen says of CT Offshore: “We see a great potential in this company, which works within an area of the offshore wind installation business where bottleneck problems are frequent.”

Cortes