Key Takeaways
- ABB to acquire Høglund AS, a marine automation company based in Norway
- The acquisition is expected to close in Q3 2026, subject to regulatory approvals
- Høglund's global operations, including 80+ employees, will be integrated into ABB's Marine & Ports division
- Høglund's revenue was approximately 30 million euros in 2025
- The acquisition will expand ABB's marine automation offering
Introduction to ABB's Acquisition
ABB has announced its plans to acquire Høglund AS, a leading marine automation company based in Tønsberg, Norway. This strategic move is expected to enhance ABB's marine automation portfolio and strengthen its position in the industry. The acquisition, which is subject to regulatory approvals, is anticipated to be completed in the third quarter of 2026.
Høglund's Automation Solutions
Høglund offers a range of automation solutions, including an Integrated Automation System (IAS) that is based on ABB's 800M and S800 control system hardware platform. This modular system is designed for vessel automation, monitoring, and control, and combines data from engines, power generators, and cargo systems. With over 600 vessels already installed with Høglund's IAS, the company has established a strong presence in the marine industry.
Comparison of ABB and Høglund's Offerings
| Feature | ABB | Høglund |
|---|---|---|
| Automation Platform | 800M and S800 control system hardware | Integrated Automation System (IAS) based on ABB's 800M and S800 |
| Geographic Reach | Global | Global, with operations in Norway, Poland, Romania, and China |
| Revenue (2025) | Not disclosed | Approximately 30 million euros |
| Number of Employees | Not disclosed | Over 80 |
Benefits of the Acquisition
The acquisition of Høglund AS is expected to bring several benefits to ABB, including the expansion of its marine automation offering and the integration of Høglund's global operations into its Marine & Ports division. Høglund's customers will also gain access to ABB's global reach and automation expertise, enhancing their overall experience.
Bottom Line
In conclusion, ABB's acquisition of Høglund AS is a strategic move that is expected to strengthen its position in the marine automation industry. With Høglund's Integrated Automation System and ABB's global reach, the combined entity is poised to offer a comprehensive range of automation solutions to the marine industry. As the acquisition is expected to close in Q3 2026, the industry can expect to see significant developments in the coming months.