Owned by the same company?

Is there a relationship between these two brands?

I think this topic covers it in more detail but yes they are owned by the same parent company but still two separate tool lines.

The power tool division of Hitachi was bought out which means the name had to change because the rights to the name did not come with the purchase. The company that made the purchase changed the name to Metabo HPT. It was an interesting name change considering they also own Metabo (without the hpt). I think the fact that their names are so similar, people are going to mistake one brand for the other.