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ABB to Acquire Norway’s Høglund to Expand Marine Automation Offering

Summary by thediplomat.ro
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 customary regulatory approvals, and will cover Høglund’s global operations including…
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With the acquisition, the industrial group expands its portfolio in the field of ship automation and strengthens its position in the growing market for maritime automation.

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thediplomat.ro broke the news in Bucharest, Romania on Friday, June 26, 2026.
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