Switzerland, June 26 -- ABB announced 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 more than 80 employees in Norway, Poland, Romania, and China. Høglund is currently owned by Eitzen Group and will be integrated into ABB's Marine & Ports division. Financial terms of the transaction were not disclosed.Høglund offers an Integrated Automation System (IAS), which is b...