Core Insights - GTT has completed the acquisition of Danelec, enhancing its leadership in the maritime digital market [2][3] - The acquisition is expected to have an accretive impact on GTT's earnings per share from the first year and unlock significant growth and synergy potential [3][10] - GTT's Digital division will now support over 17,000 vessels worldwide, providing a comprehensive suite of data and digital solutions [4] Company Strategy - The acquisition marks a key milestone in GTT's strategy to deliver high-value solutions to ship-owners and operators globally [3] - GTT aims to create a unified digital platform by combining Danelec with existing entities like Ascenz Marorka and Vessel Performance Solutions [6] - The Digital division will be structured into two business units: Performance & Monitoring Solutions and Safety & Equipment [6][7] Leadership Changes - Casper Jensen, the former CEO of Danelec, has been appointed as Executive Vice President Digital at GTT and will join the Executive Committee [5][8] - Anouar Kiassi will serve as Senior Vice President of the Performance & Monitoring Solutions unit, while Christian Kock will be Senior Vice President of the Safety & Equipment unit [7] Market Position - GTT positions itself as a leading player in vessel performance management, focusing on safety, efficiency, and decarbonisation solutions [8][10] - The acquisition reinforces GTT's leadership in the rapidly expanding digital maritime market [3][8]