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The SGB-SMIT Group is a manufacturer of power transformers going back to 1913. [1] The company is headquartered in Regensburg, Germany and has production sites and branches in 20 countries. [2] In 2017 the company was acquired by One Equity Partners. [3]
The SGB-SMIT Group came into being in 2000, when the transformer factory SMIT in Nijmegen, founded by Willem Smit in 1913, joined the SGB Group. At that time, the SGB Group, which emerged from Starkstrom-Gerätebau GmbH/Regensburg in 1947, was a subsidiary of the RWE Group.
In 2004, the SGB-SMIT Group was sold by RWE to the financial investor HCP Capital Group. In 2008, it was taken over by BC Partners who sold it in 2017 to One Equity Partners.
In April 2012 SGB-SMIT Group took over OTC Services in Louisville/Ohio, a specialist in repair and upgrading of power transformers. OTC will enhance the business of the Group in North America regarding maintenance and repair of small- and medium-sized power transformers.
In November 2014 SGB-SMIT Group expanded by integrating two new members: the Romanian transformer manufacturer RETRASIB from Sibiu and the transformer design company TRAFO PROIECT from Bucharest. With this addition, the group positioned itself to address the markets in Eastern Europe. At the same time, SGB-SMIT Group thus strengthened their product portfolio in the range around 200 MVA.
In 2017 three new subsidiaries were established on two continents. These are SGB Czech Trafo in Olomouc, Czech Republic (cast resin transformers for standard applications up to 2,500 kVA), SGB Transformers India in Chennai, India (cast resin transformers) and SGB China in Yancheng (also cast resin transformers).
2018 will see the acquisition of Powertech Transformers in South Africa, subsequently renamed SGB-SMIT Power Matla, which produces medium-power and large transformers in Pretoria and distribution transformers in Cape Town. In Fontenay-le-Comte, France, BCV Technologies, which specializes in small and medium-power transformers and special equipment, was acquired.
The company’s range of products extends from large transformers, medium-power transformers, small power transformers, oil distribution transformers and cast-resin transformers via controllable shunt reactors and phase shifters down to Lahmeyer Compact Stations.
The SGB-SMIT Group distributes its products via sales offices and agencies in 42 countries. The company has customers in more than 50 countries.
The Group is managed by Holger Ketterer(CEO)and Dr. Heinrich Uekermann(CFO).
DEA Deutsche Erdoel AG was an international oil and gas company headquartered in Hamburg, Germany. It was a subsidiary of L1 Energy. In 2018, DEA owned stakes in oil and gas licenses in various countries and operated natural gas underground storage facilities in Germany. DEA is a derivation from Deutsche Erdöl-Aktiengesellschaft, the original name of the company. On 1 May 2019, DEA merged with Wintershall to form Wintershall Dea.
MTU Friedrichshafen GmbH is a German manufacturer of commercial internal combustion engines founded by Wilhelm Maybach and his son Karl Maybach in 1909. Wilhelm Maybach was the technical director of Daimler-Motoren-Gesellschaft (DMG), a predecessor company of the German multinational automotive corporation Daimler AG, until he left in 1907. On 23 March 1909, he founded the new company, Luftfahrzeug-Motorenbau GmbH, with his son Karl Maybach as director. A few years later the company was renamed to Maybach-Motorenbau GmbH, which originally developed and manufactured diesel and petrol engines for Zeppelins, and then railcars. The Maybach Mb.IVa was used in aircraft and airships of World War I.
Sylvania Electric Products Inc. was an American manufacturer of diverse electrical equipment, including at various times radio transceivers, vacuum tubes, semiconductors, and mainframe computers such as MOBIDIC. They were one of the companies involved in the development of the COBOL programming language.
Buffet Crampon SAS is a French manufacturer of wind instruments based in Mantes-la-Ville, Yvelines department. The company is the world market leader in the production of clarinets of the Boehm system. Its subsidiary, Buffet Crampon Deutschland GmbH, founded in 2010 and based in Markneukirchen, Vogtland, Sachsen, is the world market leader in the manufacture of brass instruments. To manufacture and sell its products, the BC Group employed around 1000 people worldwide at the beginning of 2021, 470 of them as employees of BC Germany alone. The management of the group has been in the hands of Jérôme Perrod since 2014.
E.ON SE is a European electric utility company based in Essen, Germany. It runs one of the world's largest investor-owned electric utility service providers. The name comes from the Latin word aeon, from the Greek aion which means age. The company is a component of the Euro Stoxx 50 stock market index, DAX stock index and a member of the Dow Jones Global Titans 50 index.
Vossloh AG is a rail technology company based in Werdohl in the state of North Rhine-Westphalia, Germany. The SDAX-listed group has achieved sales of around €930 million in 2016 with more than 4,000 employees.
StoneX Group Inc. is a financial services organization. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES). The company ranked No. 58 in the 2021 Fortune 500 list of the largest United States corporations by total revenue. In July 2020, the company rebranded and changed its name to StoneX Group Inc.
Integrated Micro-electronics, Inc. provides electronics manufacturing services (EMS) and power semiconductor assembly and test services (SATS) with manufacturing facilities in Asia, Europe, and North America. Its headquarters is located in Biñan, Laguna, Philippines.
Innogy SE was an energy company based in Essen, Germany. It is now merged and integrated into German energy company E.ON.
Brush HMA is a manufacturer of large generators for gas turbine and steam turbine drive applications, based at Ridderkerk in the Netherlands.
Exide Industries Ltd, is an Indian multinational storage battery manufacturer and life insurance company, headquartered in Kolkata. It is the largest manufacturer of automotive and industrial lead-acid batteries in India and fourth largest in the world. It has plants in India and Sri Lanka and dealership network in 46 countries spanning 5 continents. Exide also has four major lead-acid battery recycling facilities — two of which are in the United States, and Spain and Portugal each have one as well. The company claims that 99 percent of lead processed through these facilities is recycled.
TENTE International GmbH, based in Cologne, Germany, is the holding company of the TENTE Group. Castors and wheels are manufactured under the TENTE registered trademark.
UTEX Industries, Inc. is an American manufacturer of sealing products.
Nidec Corporation is a Japanese manufacturer and distributor of electric motors. Their products are found in hard-disk drives, electric appliances, automobiles and commercial and manufacturing equipment. The company has the largest global market share for the tiny spindle motors that power hard-disk drives.
One Equity Partners is a private equity firm with over $10 billion in assets under management which primarily deals with the industrial, healthcare and technology sectors in North America and Europe. One Equity Partners was the merchant banking arm of JPMorgan Chase, focused on leveraged buyout and growth capital investments in middle-market companies. Formed by Bank One in 2001, the group has offices in New York City, Chicago, Sao Paulo, Vienna, Hong Kong and Frankfurt. In 2014, it was announced that J.P Morgan was to sell off half of its stake in One Equity Partners.
CeramTec manufactures and develops advanced ceramic components. The products are used in many different applications, especially in medical technologies, automotive manufacturing, electronics, equipment and machine construction, defense technologies, and chemical industries. The company headquarters are in Plochingen, Baden-Württemberg, Germany.
Solera Inc is an American company based in Texas which provides risk management and asset protection software and services to the automotive industry and property insurance marketplace. Solera also provides digital identity management services, as well as re-underwriting and data analytics for the automotive, property and casualty insurance industries. Solera is active in 88 countries across six continents.
SPX Corporation is a supplier of highly engineered infrastructure equipment and technologies. The company operates within four markets: heating, ventilation, and air conditioning (HVAC), detection and measurement, power transmission and generation, and engineered solutions. Examples of SPX’s products include cooling towers and boilers, underground pipe and cable locators, power transformers, and heat exchangers. Brands include Waukesha, Dielectric, Fahrenheat, Radiodetection, and Pearpoint. SPX operates in 17 countries with a sales presence in 100 countries. In 2019, the company earned approximately $1.5 billion in annual revenue. Based in Charlotte, North Carolina, SPX employs over 6,000 employees. Eugene Joseph Lowe is the CEO.
Kiepe Electric GmbH is a German manufacturer of electrical traction equipment for trams, trolleybuses other road and rail transport vehicles, as well as air-conditioning and heating systems, and conveyor device components. Founded in 1906, it was known as Kiepe Elektrik GmbH until 2003, when it was renamed Vossloh Kiepe, following its acquisition by Vossloh AG. Vossloh sold the company to Knorr-Bremse in January 2017, and in May 2017 Knorr renamed it Kiepe Electric GmbH.
STARK Group is one of the largest retailers and distributors of building materials for the professional segment in Northern Europe with approx. 11.700 employees at its more than 485 branches in 6 countries, and headquartered at Frederiksberg, Denmark. Today STARK Group owns and operates 5 builders’ merchant chains STARK Deutschland GmbH in germany, STARK Danmark in Denmark and Greenland, Beijer Byggmaterial AB in Sweden, STARK Suomi Oy in Finland and Neumann Bygg A/S in Norway.