# 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.

- Type: Acquisition
- Announced: 2025-01-01
- Where: Oklahoma, United States
- Status: announced
- Products: electrical components, transformer services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [SGB-SMIT](https://endata.com/companies/19383.md) (acquirer)
- [Southwest Electric Co.](https://endata.com/companies/82576.md) (target)

## Sources

- [sgb-smit.com](https://www.sgb-smit.com/news/page-2), 2025-01-27: "SGB-SMIT and Southwest Electric have signed an agreement for the purchase of the company “Southwest Electric Co.”"
- [sgb-smit.com](https://www.sgb-smit.com/news/page-1?myid=947&cHash=45a2a05f37b3706af7bc511c7ad252ed), 2025-01-27: "SGB-SMIT and Southwest Electric have signed an agreement for the purchase of the company 'Southwest Electric Co.'"
- [transformer-magazine.com](https://transformer-magazine.com/news/sgb-smit-acquires-southwest-electric/), 2025-01-28: "SGB-SMIT Group and Southwest Electric Co. have signed an agreement for the purchase of Southwest Electric Co., with closing expected in the first quarter of 2025."
- [englandco.com](https://englandco.com/sgb-smit-group-agrees-to-acquire-southwest-electric-co/), 2025-02-07: "This acquisition is a strategic fit for both companies, with Southwest Electric enhancing SGB-SMIT’s service staff and complementing its portfolio with specialized transformer and switchgear manufacturing."

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