# Swan Electric acquires majority stake in Switch Technique KZN

In February 2020, Swan Electric, a subsidiary of Mobicon, obtained majority shares of Switch Technique KZN. The acquisition expands Swan's product offering in South Africa.

- Type: Acquisition
- Announced: 2020-02-01
- Where: South Africa
- Status: completed
- Products: electrical enclosures, circuit breakers, contactors, switches
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Swan Electric](https://endata.com/companies/52360.md) (acquirer)
- [Switch Technique KZN](https://endata.com/companies/52361.md) (target)
- [Mobicon](https://endata.com/companies/52362.md) (investor)

## Sources

- [crown.co.za](https://www.crown.co.za/latest-news/sparks-electrical-news-latest-news/15127-growing-product-offering-as-swan-electric-and-switch-technique-kzn-unite), 2021-01-07: "We feel that we have reached a great level of maturity and respect in the electrical and allied markets."

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