Høglund Marine Solutions and Eitzen Group have today signed an investment agreement where Eitzen Group becomes majority shareholder in Høglund Marine Solutions through a share issue, according to the company's release.
Høglund Marine Solutions is a provider of sustainable automation and energy solutions for the maritime industry, with systems installed on more than 600 ships worldwide. Eitzen Group is a family-owned maritime organization headquartered in Oslo, Norway, with 140 years of history in shipping.