Published on 13. March 2025
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Rödl Advised SGB-SMIT Group on its Acquisition of Southwest Electric Co.

Frank Breitenfeldt
Partner
Auditor, Certified Tax Advisor, CPA, Graduate in Business Administration, Transaction Services
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Atlanta, Georgia, March 13,​​ 2025: Rödl advised SGB-SMIT Group (SGB-SMIT) on its acquis­ition of Southwest Electric Co., a leading electrical component and transformer manufacturer and service provider in the United States.
Rödl’s U.S. Transaction Services team, led by Partner Frank Breitenfeldt, served as SGB-SMIT’s financial advisor. The team provided critical support in buy-side financial and tax due dili­​-gence, deal negotiation and purchase contract drafting assistance.

The acquisition reflects a strategic fit for both companies, with Southwest Electric Co. enhancing SGB-SMIT’s service staff and complementing its specialized transformer and switchgear manu­​-facturing portfolio. As Holger Ketterer, CEO of SGB-SMIT, explains: “We welcome our new colleagues to the SGB-SMIT Group. By adding their expertise and knowledge and expanding our U.S. presence, we will continue our regional growth and strengthen customer proximity and relationships”.

About SGB-SMIT

Founded in 1913, SGB-SMIT is a leading manufacturer of power transformers with locations in Ger-­​many, Europe, Asia and the United States. With its 3,100 employees, SGB-SMIT develops and manufactures oil distribution, cast resin, power transformers, special devices and compact stations. Its transformers are used by energy suppliers, industrial companies, switchgear manufacturers and energy producers in the conventional and increasingly also renewable energy sectors.

About Southwest Electric Co.

Southwest Electric Co. was founded in 1946 and is headquartered in Oklahoma City (Oklahoma), with additional facilities in Tulsa (Oklahoma), Nashville (Tennessee) and Louisville (Ohio). Its primary in-­​dustry sectors are oil and gas, utilities, wind power and data centers.​

Advisors to SGB-SMIT

Rödl USA
Financial
  • Frank Breitenfeldt, Partner, Atlanta – Project Lead
  • Christian Haverney, Partner, Atlanta
  • Kai Seidel, Manager, Atlanta
  • Hagen Averbeck, Senior Associate, Atlanta
Tax
  • Dennis Wieckert, Atlanta