Launch of new transformer company

October 11th, 2018, Published in Articles: Energize

SGB-SMIT, a European transformer specialist and Power Matla, a locally owned black empowered company with investments mainly within the renewable energy, ICT, mining and power utilities markets, launched their new company SGB-SMIT Power Matla recently. The new company, originally Powertech Transformers (PTT), will continue to operate out of its two factories in Pretoria and Cape Town. The company will provide power, distribution and dry-type transformers ranging from 16 kVA to 795 MVA to local customers. Jan Ölscher, CEO of SGB-SMIT, says that its partnership with Power Matla will strengthen Powertech Transformers as the leading supplier of transformers in the region. Kgathola Ngoasheng, Power Matla’s chief executive, says the company has a successful history spanning more than 70 years.  The companies have complimentary synergies and strengths which will benefit from the growth opportunities in Africa, using South Africa as the base country. Its order book reflects the strong position the company has in the market, fully supporting the announced infrastructure spend by Eskom and municipalities within South Africa and other customers within the continent.

Contact Bernard Meyer, SGB-SMIT Power Matla, Tel 012 318-9700, bernard.meyer@sgb-smit.group