On July 31, French engineering company GTT announced the completion of its acquisition of Danelec, a leading provider of advanced digital solutions in maritime data collection and analysis.
This strategic acquisition further strengthens GTT’s position in the rapidly expanding maritime digital market and marks a key milestone in the group’s strategy to deliver high-value solutions to shipowners and operators worldwide. The transaction is expected to have an accretive impact on GTT’s earnings per share from the first year onward, while unlocking significant growth and synergy potential across the group’s digital businesses.
With Danelec joining GTT’s digital division alongside Ascenz Marorka and Vessel Performance Solutions, the group now supports over 17,000 vessels globally with the industry’s most comprehensive portfolio of high-quality data and digital solutions. These capabilities empower customers to enhance safety, optimize vessel performance, and achieve ambitious decarbonization goals.
GTT has appointed Danelec’s current CEO, Casper Jensen, as Executive Vice President of GTT’s digital business to lead the expanded digital division. As part of his new role, Casper Jensen also joins GTT’s Executive Committee.
Following the acquisition, GTT’s digital division will be structured into two core business units to better serve customer needs: Performance & Monitoring Solutions, and Safety & Equipment. Under Casper Jensen’s leadership, the integration of Danelec, Ascenz Marorka, and Vessel Performance Solutions will introduce a unified, best-in-class digital platform to the market while delivering significant synergies.
Anouar Kiassi, current CEO of Ascenz Marorka, will assume the role of Senior Vice President (SVP) of the Performance & Monitoring Solutions business unit, while Christian Kock, current Executive Vice President of Safety at Danelec, will become SVP of the Safety & Equipment business unit within GTT’s digital division.
Philippe Berterottière, Chairman and CEO of GTT, stated: “With the acquisition of Danelec, GTT has taken a decisive step in digitalization. This transaction positions us among the global leaders in vessel performance management and enhances our ability to deliver cutting-edge solutions in safety, efficiency, and decarbonization. I am delighted that Casper Jensen, CEO of Danelec, will lead our digital division and join GTT’s Executive Committee, bringing his expertise and vision to our next phase of growth. In the fast-expanding maritime digital market, this acquisition reinforces our leadership while creating significant value for customers and shareholders.”
Casper Jensen, Executive Vice President of GTT’s digital business, added: “I am deeply honored to lead GTT’s digital division at this pivotal moment. By combining the strengths of Danelec, Ascenz Marorka, and Vessel Performance Solutions, we are building a unified digital portfolio to help customers tackle pressing challenges—from operational performance to safety and decarbonization. Our priority is to ensure business continuity, maintaining the high standards of innovation and service that customers expect, while accelerating the development of an industry-leading digital platform.”
