# SGB-SMIT acquires majority stake in COMEL Transformatori

SGB-SMIT Group acquired a majority stake in COMEL Transformatori, strengthening its European power transformer network.

- Type: Acquisition
- Announced: 2026-07-01
- Where: Serbia
- Status: completed
- Products: power transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [SGB-SMIT](https://endata.com/companies/19383.md)
- [SGB-SMIT](https://endata.com/companies/19383.md) (acquirer)
- [COMEL Transformatori](https://endata.com/companies/92997.md) (target)

## Sources

- [sgb-smit.com](https://www.sgb-smit.com/news/press-release), 2026-07-13: "SGB-SMIT Acquires Majority Stake in COMEL Transformatori and strengthens its European power transformer network."
- [serbian.news](https://serbian.news/sgb-smit-acquires-majority-stake-in-comel-amid-rising-european-grid-equipment-demand/), 2026-07-20: "Germany's SGB-SMIT Group has agreed to acquire a majority stake in Serbian transformer manufacturer COMEL Transformatori"

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