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ACTOM has acquired primary transformer manufacturer SGB-SMIT Power Matla (SSPM), enhancing its transformer manufacturing capabilities to include Class 3 units up to 500 MVA/500 kV. SSPM's Pretoria and Cape Town facilities will form the foundation for ACTOM's growth, with the Pretoria plant to be restored and upgraded after fire damage.
“The acquisition will also generate employment opportunities while developing local skills and establishing domestic manufacturing capabilities to decrease import reliance and boost economic performance.”engineeringnews.co.za
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