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ABB agrees to buy marine automation specialist Hoglund

26. Jun 2026

(AWP Alliance News) - ABB agreed to acquire Norway-based marine automation specialist Høglund from Eitzen Group to expand its marine automation offering. The deal is expected to close in Q3 2026, subject to customary regulatory approvals. Høglund will be integrated into ABB's Marine & Ports division, adding an Integrated Automation System installed on more than 600 vessels. Høglund had revenue of close to EUR 30 million in 2025. Financial terms were not disclosed.

https://www.publicnow.com/view/667A1A15FEDD1DB3541707FFBFC0B30705C123F4…

Disclaimer: This news brief was created using generative artificial intelligence. ABB Ltd. published the original content used to generate this news brief on June 26, 2026, and is solely responsible for the information contained therein.

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