Eitzen Group is selling its automation business to global operator ABB
ABB is acquiring Norway’s Høglund from Oslo-headquartered Eitzen Group to strengthen its marine automation technologies and market position.
Tønsberg, Norway-based Høglund has supplied automation to more than 600 vessels in a market bolstered by high levels of ship construction and autonomous developments.
ABB said the transaction is expected to close in Q3 2026, subject to customary regulatory approvals, when it will be integrated into ABB’s marine and ports division.
Eitzen Group is selling its automation business to concentrate on shipping, energy storage and operating fully electric vessels.
Høglund’s global operations include more than 80 employees in Norway, Poland, Romania, and China.
ABB said the acquisition will complement its existing automation offering in the marine industry and to “support further growth in markets across a wide range of vessel segments.”
Høglund provides integrated automation systems (IAS) based on ABB’s 800M and S800 control system hardware
“This is a significant new chapter for our people and technologies,” said Høglund chief executive Peter Morsbach. “Our system is based on ABB technology, so we look forward to joining ABB and continuing to advance marine automation.”
Høglund’s IAS modular and scalable module handles automation, monitoring and control tasks on more than 600 vessels, and its reported revenues were close to €30M (US$34M) in 2025.
“Høglund’s marine automation portfolio will complement ABB’s existing offering with proven and scalable solutions that support our growth ambitions,” said ABB president of the marine and ports division, Rune Braastad.
“Combined with our global reach and service capabilities, we have a great foundation for continued success.”
ABB’s shares are listed on Nasdaq Stockholm, in Sweden, and the SIX Swiss Exchange, in Switzerland.
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