HILTI COMPLETES ACQUISITION OF OGLAEND SYSTEM GROUP

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.

Go to Hilti Media Releases to read the June Media Release.