Høglund acquired by ABB
Context
This transaction marks a strategic step in strengthening ABB's marine automation offering. The acquisition of Høglund enables the group to integrate a proven Integrated Automation System (IAS) already deployed on more than 600 vessels, complementing its existing portfolio of control and electrification technologies for the maritime sector. The deal logic rests on several value drivers. First, Høglund already natively uses ABB's 800M and S800 hardware platform, creating immediate technical compatibility and reducing integration risks. Second, the acquisition gives ABB direct access to a significant installed base and specialized expertise in propulsion and cargo system automation, segments where demand is growing alongside the maritime energy transition. Integrating Høglund into ABB's Marine & Ports division will allow customers to benefit from the group's expanded geographical footprint, global service network, and additional automation resources. For ABB, this transaction supports its growth ambitions in maritime markets by broadening its coverage across different vessel segments and enhancing its ability to deliver comprehensive onboard automation solutions. The transaction, expected to close in Q3 2026 subject to customary regulatory approvals, covers all of Høglund's global operations.
Høglund, which reported an EBITDA margin of LOGIN in 2025, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).
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Target
Høglund AS is a Norwegian company specializing in automation solutions for the marine industry. Headquartered in Tønsberg, Norway, the company develops an Integrated Automation System (IAS) designed for modern vessels. Its modular and scalable solution provides automation, monitoring and control functions on board ships. The system is based on the 800M and S800 control system hardware platforms and combines data from engines, power generators and cargo systems. This architecture is designed to support the management of vessel equipment while contributing to safety, energy efficiency and overall operational performance. Høglund’s system is installed on more than 600 vessels, demonstrating its deployment across the marine sector. The company employs more than 80 people across Norway, Poland, Romania and China. Its activities are centered on specialized expertise in automation, control and monitoring of onboard systems, serving the requirements of different segments of the marine industry. Høglund’s offering therefore focuses on integrated vessel automation, bringing together control functions and operational data within a scalable onboard system.
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Historical Financials (EUR)
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REFERENCES
Revenue range: 25M - 50M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: høglund
Acquirer: abb