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SGB-SMIT acquires Southwest Electric Co. · Endata

◂ Announcements

Jan 1, 2025ACQUISITIONOklahoma, United States

SGB-SMIT acquires Southwest Electric Co.

SGB-SMIT Group has signed an agreement to acquire electrical component manufacturer and service provider Southwest Electric Co. in the United States, with closing expected in Q1 2025.

Status

Announced

Productselectrical componentstransformer services

CompaniesSGB-SMIT acquirer Southwest Electric Co. target

Sectors#Electrical Equipment

“SGB-SMIT and Southwest Electric have signed an agreement for the purchase of the company “Southwest Electric Co.””sgb-smit.com

4 sources
sgb-smit.comNews - SGB-SMIT GroupSGB-SMIT GroupJan 27, 2025
sgb-smit.comPress releases & technical reportsSGB-SMIT GroupJan 27, 2025
transformer-magazine.comSGB-SMIT acquires Southwest Electric – Transformer MagazineJan 28, 2025
englandco.comSGB-SMIT Group agrees to acquire Southwest Electric Co. - England & CompanyMelodyFeb 7, 2025

Summarized from public sources; check the original articles before acting on it.

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SGB-SMIT partner Electroalfa partner constructiv.ro
Jan 16, 2024PARTNERSHIPBotoșani, Romania, Romania
SGB-SMIT and ELECTROALFA International form joint venture for transformer plant in Romania
SGB-SMIT partner ELECTROALFA International partner transformer-magazine.com
Oct 1, 2021ACQUISITIONArnhem, Netherlands
Royal SMIT Transformers acquires DNV's transformer oil laboratory
SGB-SMIT partner Royal SMIT Transformers acquirer dnv.com
Sep 14, 2021PARTNERSHIPZhuzhou, China, China
SGB-SMIT and CRRC Zhuzhou Electric to collaborate on oil-immersed transformers
SGB-SMIT partner CRRC Zhuzhou Electric Jiangsu Co., Ltd. partner powertransformernews.com
Dec 20, 2018EXPANSIONNeumark, Germany
SGB-SMIT invests in production capacity at Neumark site, Germany
SGB-SMIT powertransformernews.com

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