Lefort acquires Copex

Metal recycling equipment manufacturer Lefort, headquartered in Gosselies, Belgium, has acquired Copex S.A, based in Caudan, France, a designer and manufacturer of hydraulic shears and balers for processing scrap metal, metals and solid waste.

According to a news release from Lefort, Copex will continue operations from its industrial site in Caudan under its own brand. Fawaz Ezzat immediately takes over the general management of Copex. Since 2016, Ezzat served as managing director of Lefort France.

Copex, established in 1948, exports its products worldwide for use in nuclear dismantling, baling agricultural plant fibers and packaging of waste from wastewater.

Photo courtesy of Lefort

Lefort, which was founded in 1947 by Nestor Lefort and remains 100 percent family-owned, says the companies share a rich heritage, a solid reputation for quality and service and similar values around excellence, passion and innovation, therefore the combined company will be well-placed to provide more comprehensive services and solutions to its customers.

Lefort established its U.S. headquarters in Sunrise, Florida, in 2017.

Copex's skills and production capacity will provide Lefort with the opportunity to increase its activity and strengthen its local and international presence, the company adds.

Alexandre Henkens, CEO of Lefort, says, “I warmly welcome Copex and all its talented employees. This operation is an important step for Lefort and enhances an invaluable heritage of knowledge and experience in the recycling industry. I am certain that we will benefit from this contribution.”

Frédéric Malin, majority shareholder and CEO of Copex, adds, “Since I took the helm of the company in 1998, I have devoted all my energy and passion to it. Today, by deciding to associate the destiny of my company with that of Lefort, I see it as a tremendous outcome. Moreover, knowing the Lefort family since my beginnings in the industry, I had appreciated the technical solutions offered by their company as well as their working methods based on honesty, respect and integrity—fundamental values that have always guided me in my life. I can therefore pass the torch to them serenely.”

The combined company will be approximately 300 people strong and will generate a turnover of more than 110 million euros, or $122 million. 

Sponsored Content

Labor that Works

With 25 years of experience, Leadpoint delivers cost-effective workforce solutions tailored to your needs. We handle the recruiting, hiring, training, and onboarding to deliver stable, productive, and safety-focused teams. Our commitment to safety and quality ensures peace of mind with a reliable workforce that helps you achieve your goals.