# Hilti acquires Oglaend System Group to expand offshore business

Hilti Group has agreed to acquire Norwegian Oglaend System Group, a manufacturer of cable management solutions for the offshore industry. The purchase price is undisclosed and the transaction is subject to antitrust approval. Oglaend System employs about 400 people and will continue to operate from Klepp, Norway.

- Type: Acquisition
- Announced: 2017-06-06
- Where: Klepp, Norway
- Status: announced
- Products: cable management solutions, multidiscipline support systems, modular supports, cable trays, cable ladders
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hilti Group](https://endata.com/companies/24725.md) (acquirer)
- [Oglaend System Group](https://endata.com/companies/24726.md) (target)

## Sources

- [oglaend-system.com](https://www.oglaend-system.com/news/press-release/hilti-acquires-oglaend-system-group-article29079-45202.html), 2017-06-06: "Hilti Group is extending its business in the oil, gas and wind offshore markets with the acquisition of Norwegian Oglaend System Group."
- [oglaend-system.no](https://www.oglaend-system.no/aktuelt/pressemeldinger/hilti-acquires-oglaend-system-group-article29080-39704.html), 2017-06-06: "Hilti Group is extending its business in the oil, gas and wind offshore markets with the acquisition of Norwegian Oglaend System Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.