ABB to acquire Høglund to expand marine automation offering

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ABB announced an agreement to acquire Norwegian marine automation firm Høglund AS to enhance its marine automation portfolio. This strategic acquisition aims to boost ABB's presence across diverse vessel markets and is expected to close in Q3 2026.

ABB announced today it has entered into an agreement to acquire marine automation specialist Høglund AS, headquartered in Tønsberg, Norway. The acquisition will complement ABB’s existing automation offering to marine customers and support further growth in markets across a wide range of vessel segments. The transaction is expected to close in Q3 2026, subject to ...