Sprinkler and sanitation segment transferred to Ahlsell

Schaan (FL) / Kleppe (NO), March 30, 2020 – In 2017, the Liechtenstein-based Hilti Group acquired the Norwegian Oglaend System Group, a leading manufacturer of cable management solutions and multidiscipline support systems for the oil and gas, renewables and global maritime industries.

From 1. October 2018 the company ØS Varme AS has taken over the heating cable segment from Øglænd System.

Schaan (FL) / Klepp (NO), August 23, 2017 – Following approval by antitrust authorities, the Hilti Group has today completed the acquisition of the Norwegian Oglaend System Group, which was initially announced in June. With this step, Hilti intends to further strengthen its position and differentiation in the offshore market. Founded in 1977, the Oglaend System Group is a leading manufacturer of cable management solutions and multidiscipline support systems with a headcount of 400 in 14 subsidiaries around the world.

Schaan (FL) / Klepp (Norway), June 6, 2017 – Hilti Group is extending its business in the oil, gas and wind offshore markets with the acquisition of Norwegian Oglaend System Group, a leading manufacturer of cable management solutions and multidiscipline support systems for the offshore industry. It has been agreed with the owners of the group that the purchase price will not be disclosed. The transaction is still subject to approval by the antitrust authorities.

Øglænd System has been awarded a contract for the supply of support systems, cable ladders and cable trays for four offshore platforms at the Johan Sverdrup field.