SGB-SMIT Expands Its Footprint in the U.S.
SGB-SMIT officially purchased Southwest Electric Co., a company known for manufacturing transformers and switchgear as well as providing field services and motor repair. The acquisition was finalized in March of 2025.
Southwest Electric Co., founded in 1946, is headquartered in Oklahoma City (OK) and operates additional facilities in Tulsa (OK), Nashville (TN), and Louisville (OH). It serves various markets, including oil & gas, utilities, wind power, data centers, and other industries.
SGB-SMIT Group, a leading and independent transformer manufacturer with decades of experience, manufactures capital goods for power supply and is one of the global market leaders with its products. SGB-SMIT and its affiliates OTC Srvices and SGB-USA in Louisville (OH) are already successfully serving the US market for decades with small, medium and large power transformers and related services. The acquisition enhances SGB-SMIT’s geographical presence and local transformer manufacturing portfolio in the United States.
“We welcome our new colleagues to the SGB-SMIT Group. By adding their expertise and knowledge and expanding our presence in the US, we will continue our regional growth and strengthen customer proximity and relationship,” said Holger Ketterer, CEO of the SGB-SMIT Group.
The 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.
