Power transformers and electrical infrastructure company ACTOM has acquired primary transformer manufacturing company SGB-SMIT Power Matla (SSPM), which will enhance ACTOM’s transformer manufacturing capabilities to now include Class 3 units up to 500 MVA/500 kV, increase its production capacity and strengthen its energy sector focus to support regional industrial growth throughout Africa. The acquisition will also generate employment opportunities while developing local skills and establishing domestic manufacturing capabilities to decrease import reliance and boost economic performance, says ACTOM Group CEO Mervyn Naidoo.
