ABB has acquired Høglund AS, a marine automation specialist. The transaction was completed on September 1, 2026, following the announcement of the agreement on June 26. The amount was not disclosed in the sources.
According to the source, the acquisition complements ABB's existing marine automation offering and supports growth across a wide range of vessel segments. The newly acquired business includes Høglund's global operations, with its 85 employees in Norway, Poland, Romania, and China.
The source states that ship owners, operators and yards will benefit from an expanded geographical presence, increased automation and service expertise, and a global support network.