CODIPRO

What CODIPRO does

CODIPRO (legal entity CODIPROLUX S.A., headquartered in Wiltz, Luxembourg) is a specialist industrial manufacturer of articulated (swivel) lifting rings, with roots tracing to founder Mr. Lecourt's fastener business established in 1975 in Le Mans, France. Following a 2004 acquisition by Luxembourg industrial group NO-NAIL BOXES and a further 2024 transition into HPS International (with Grégory Poitrasson succeeding 20-year president Michèle Detaille), the company has consolidated production in Wiltz while maintaining a French subsidiary for fastener legacy operations and regional distribution. CODIPRO's core product is its patented GRADUP line of steel and stainless-steel (316L) articulated lifting rings — available in single, double, and triple articulation configurations covering 0.07 to 125 tons working load limit — built around a proprietary optimized-steel formulation co-developed with international research centers. The portfolio also includes the Quick Lift Ring (QLR/QL.DSR) push-button anchoring system, offshore-grade DSR/DSS rings carrying DNV GL Type Approval, lifting systems for injection molds (CSS, SLM, MLA, ELR, ARC 50, Elebia hooks), and fall-protection anchor points (PE.SEB, SS.PE.SEB) compliant with EN 795.

The commercial model is B2B through an exclusive 'Expert Distributor' network spanning more than 60 countries, supplemented by Technical Developer advisory support, a 24/7 CODIPRICER online quotation tool, and the CODITRACER blockchain-based traceability platform that provides lifetime access to certificates and manuals. CODIPRO sells safety-critical, specification-driven components across the mold/injection, offshore/maritime/wind energy, aeronautics, construction, and general lifting verticals. Revenue is generated primarily through hardware sales (standard catalog items shipped within 24 hours plus custom/specific solutions such as non-standard threads, special dimensions, and surface treatments) and secondarily through training, technical advisory, and warranty services. The company differentiates on safety (industry-unique safety coefficient 5 vs. standard 4), material science (GRADUP), traceability (CODITRACER), and the longest warranty in the industry at 7 years. Most recently disclosed revenue was €10M in 2019, growing from €1.3M in 2005 on a roughly 36-employee base.

Name

CODIPRO

Legal name

CODIPROLUX S.A.

Website

https://codipro.net

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

11–50 employees

Short description

CODIPRO is a Luxembourg-based specialist manufacturer of patented articulated (swivel) lifting rings sold B2B through an exclusive distributor network in 60+ countries, serving safety-critical applications in mold/injection, offshore, aeronautics, construction, and general lifting verticals.

Ownership category

akta.pro rank

Product category

Industrial Lifting Equipment

NAICS

Metal Crown, Closure, and Other Metal Stamping (except Automotive) (332119)

SIC

Metal Forgings & Stampings (3460), Bolts, Nuts, Screws, Rivets & Washers (3452)

akta.pro primary industry

Lifting Attachments & Material Handling Accessories (Fork Attachments, Slings, Rigging) (IMAHABAJ)

Keywords

• Articulated lifting rings
• Swivel lifting equipment
• Industrial lifting accessories
• Fall protection anchors
• Lifting ring manufacturer

Headquarters

HQ city

Wiltz

HQ country

Luxembourg

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Lifting Ring Sales: CODIPRO designs, manufactures, and commercializes a complete range of articulated lifting rings for various sectors. Products range from standard to specific/custom designs, from single units to large series. The company operates B2B through a network of expert distributors in over 60 countries.
2. Custom/Specific Solutions: CODIPRO offers custom-made solutions including non-standard threads, double centering, bell rings, personalized engravings, and surface treatments. This adds value through engineering expertise and customization capabilities.
3. Services: Training programs, technical support, warranty services, and control & restoration services for lifting rings. These services complement product sales and strengthen customer relationships.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

CODIPRO designs, manufactures, and commercializes patented articulated swivel lifting rings for industrial lifting applications. The company offers a complete range including steel and stainless steel rings with single, double, or triple articulation, quick-lift variants, offshore-certified rings, lifting systems for injection molds, and fall-protection anchor points. Production is supported by proprietary digital platforms (CODITRACER blockchain traceability, CODIPRICER quotation tool) and sold through a global network of expert distributors.

Product overview

CODIPRO is a specialist manufacturer of swivel lifting rings operating on a platform-plus-products model. The core offering centers on the patented GRADUP product line of steel and stainless steel lifting rings with single, double, or triple articulation, complemented by specialized variants including the QLR quick-lift ring, offshore-grade rings, lifting systems for injection molds, and fall-protection anchor points (PE.SEB/SS.PE.SEB). Supporting the product portfolio are three proprietary digital platforms: CODITRACER (blockchain-based traceability and lifecycle management), CODIPRICER (online quotation system), and the Expert Portal (distributor support). The company also offers a comprehensive range of accessories (RFID, overload detectors, centering kits, etc.) that integrate with the core lifting ring products. All products share a common focus on safety (safety factor 5), material optimization, corrosion resistance, and individual traceability, with the digital tools providing supplementary services for warranty activation, document access, and quality assurance.

Differentiator

Problem solved

Functional benefit

Brands

• GRADUP: Premium lifting ring product line featuring optimized material and structural design for enhanced performance (up to 125 tons WLL), corrosion-resistant coating (600 hours salt spray), and 7-year warranty.
• CODITRACER
• CODIPRICER
• QLR (Quick Lift Ring)
• DSR Series
• PE.SEB
• SS.PE.SEB

Products and services

• GRADUP Lifting Rings GRADUP is CODIPRO's flagship steel lifting ring product line featuring systematically optimized materials and structural design. The range covers lifting capacities from 0.07 to 125 tons with single, double, or triple articulation, designed for axial, angular, tilting, and rotation applications. Offers 11% higher WLL and 7-year warranty.
• Quick Lift Ring (QL.DSR / QLR) Quick Lift Ring with push-button mechanism allowing installation in seconds via a single click into a threaded hole. Double-articulation design ensures perfect alignment with the sling. Saves up to 80% of time compared to traditional screw-in lifting rings and operates purely mechanically via spring.
• Steel Lifting Rings (Acier) Steel lifting rings available in simple, double, and triple articulation configurations, plus long-axis models. Under the GRADUP brand, these rings offer a highly performant and secure range suitable for all lifting configurations with up to 125 ton capacity.
• Stainless Steel Lifting Rings (Inox) Complete range of swivel lifting rings in 316L stainless steel, available in male and female versions. Provide protection against severe environmental conditions including humid, corrosive, chemical, or marine environments.
• Offshore Lifting Rings Lifting rings developed for maritime, offshore, and wind energy sectors. CODIPRO holds a 'Type Approval Certificate' (TAS00001ZG) from DNV GL covering a selection of DSR and DSS offshore lifting rings. All rings are engraved with individual traceability code, WLL, and CODIPRO name.
• Lifting Systems for Injection Molds Complete range of centralized lifting systems adapted for mold makers and plastic injectors. Includes CSS central safety ring, SLM 'slide kit', MLA articulated lifting shackle, ELR lifting system, Elebia automatic hooks, and ARC 50 lifting point.
• PE.SEB Fall-Proof Anchor Point Fall-protection anchor points for PPE (Personal Protective Equipment) systems designed to secure people wearing harnesses. Compliant with DIN CEN/TS 16415:2013-04, CE marked with indication of number of persons allowed (1 or 2). Available in zinc-plated steel with metric thread M12 to M20. Used in construction, wind power, and offshore sectors.
• SS.PE.SEB Stainless Steel Fall-Proof Anchor Point Stainless steel (316L) version of fall-protection anchor points for PPE systems. Suitable for corrosive environments in construction, wind power, and offshore sectors. Compliant with EN 795-2021 and DIN CEN/TS 16415:2013-04 with metric thread M12 to M24.
• CODITRACER Blockchain-based traceability and management tool that ensures complete traceability of CODIPRO lifting rings from raw material production through assembly, distribution, to end use. Provides 24/7 access to certificates of conformity, instruction manuals, and technical data sheets. Free of charge to users.
• CODIPRICER Online Quotation Tool 24/7 online quotation tool enabling CODIPRO distributors to instantly calculate prices for standard or custom lifting rings. Version 2 features a more user-friendly interface.
• LSRT (Lateral Lifting Ring with Textile Strap) Revolutionary lateral lifting ring combined with a textile strap, offering greater flexibility for technical lifting operations where textile loops are preferred alongside rigid ring anchoring.

Quantifiable outcome

• 11% increase in WLL (Working Load Limit) with GRADUP technology on double articulation rings (23% in coefficient 4)
• +4 more outcomes

Named customers4 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• HPS InternationalcoreStrategic or Co-development Partner · 1 January 2024In 2024, CODIPRO joined HPS International, marking a new chapter in its development. Gregory Poitrasson succeeded Michèle Detaille (who led the company for 20 years) as president. This change represents a new stage in CODIPRO's evolution with ambition to strengthen its position as an integrated global player while maintaining core values of quality, reliability, and responsiveness.
• Centre de Recherche Public Henri TudorminorStrategic or Co-development Partner · 1 January 2007CODIPRO strengthened its R&D policy by collaborating with Luxembourg's Henri Tudor Public Research Centre on material strength and new product development. This partnership enhanced CODIPRO's ability to meet customer expectations and anticipate market trends.
• DNV GLcoreTechnology or IntegrationCODIPRO obtained 'Type Approval certificate' (TAS00001ZG) from DNV GL on a selection of its DSR and DSS offshore lifting rings. This certification meets requirements for maritime, offshore, and wind energy applications. All certified rings bear individual traceability code, WLL, and CODIPRO name.
• International Research CentersminorStrategic or Co-development PartnerCODIPRO's GRADUP technology was developed with advice from internationally reputable research centers. These centers helped select the most noble steels for optimal compromise between elastic resistance, break resistance, and fatigue resistance.

Scale indicators13 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• SpanSet: Specialist in lifting and load-securing equipment, including lifting points and fall-protection anchor devices. Comparable to CODIPRO's PE.SEB fall-protection range and lifting-ring portfolio, with overlapping safety-focused customer segments.
• RUD Ketten Rieger & Dietz: German-based global manufacturer of lifting and rigging equipment, including the well-known ABA swivel lifting points and star-shaped lifting rings. Directly comparable to CODIPRO in articulated lifting rings, with a similar focus on premium, certified rigging components for industrial customers.
• Gunnebo Industries: Swedish manufacturer of lifting and material-handling products (slings, chains, hooks, lifting points). Overlaps with CODIPRO in lifting accessories and serves similar industrial B2B end markets.
• Pewag Group: Austrian manufacturer of chains, lifting points, and rigging accessories with global reach. Comparable to CODIPRO in the lifting-points and rigging-attachment niche, especially in European industrial markets.
• The Crosby Group: One of the world's largest rigging and lifting hardware manufacturers (shackles, hooks, lifting points). Directly competes with CODIPRO in forged and high-grade lifting components, though Crosby's portfolio is broader across rigging categories.

Broad incumbents

• Columbus McKinnon: Large US-listed manufacturer of hoists, cranes, and rigging components (brands such as Yale, CM, Coffing). Broader incumbent that overlaps with CODIPRO in lifting accessories but competes primarily through complete hoist and crane systems rather than dedicated lifting rings.
• J.D. Neuhaus: German manufacturer of pneumatic and hydraulic hoists and crane systems for hazardous environments (offshore, chemical). An incumbent peer in the lifting space with comparable offshore-industry exposure to CODIPRO's Type Approved offshore rings.
• KITO Group: Japanese-headquartered global manufacturer of hoists, cranes, and chain blocks. While primarily a hoist/chain company rather than a lifting-ring specialist, it competes in the broader lifting-equipment ecosystem where CODIPRO operates.
• Cargotec (Hiab): Finnish industrial group whose Hiab brand makes loader cranes and demountables. Sits one level upstream from CODIPRO's lifting points but addresses the same construction and logistics lifting customers.

Emerging players

• Elebia Autohooks: Spanish specialist in automatic remote-release hooks, explicitly referenced as a partner product within CODIPRO's centralized mold-lifting systems. An adjacent/partner player rather than a head-to-head lifting-ring competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/CodiproSAWiltz
• Facebookfacebook.com/codipro.lux
• LinkedInlinkedin.com/company/codipro
• Instagraminstagram.com/codipro_lux

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CODIPRO