Core Viewpoint - Shiftmove has entered exclusive negotiations to acquire Océan, the fleet management division of Orange Business, as part of a strategic move to consolidate its market presence and enhance growth potential [1][4]. Company Overview - Océan manages nearly 170,000 vehicles for corporate clients and public organizations across France, providing services that optimize costs, enhance safety, and support environmental commitments [2][3]. - Shiftmove aims to become the European leader in digital fleet solutions by 2027, with a focus on managing over one million vehicles and establishing a strong presence in France and across Europe [7][14]. Strategic Intent - The acquisition aligns with Orange Business's strategy to refocus its portfolio and optimize investments in key areas, while Shiftmove seeks to build synergies and enhance its market position through this transaction [4][8]. - Océan has 20 years of experience in the fleet management sector, evolving from geolocation to embedded telematics, and aims to be a leading provider in France [5][6]. Market Context - The telematics market is undergoing significant transformation, with increasing innovation and complex customer expectations, prompting Océan to focus on operational excellence and strategic partnerships [6]. - Shiftmove's recent establishment in France and its acquisition of Optimum Automotive in October 2024 have strengthened its capabilities, serving 17,000 corporate customers with over 500,000 vehicles [14].