Covema
Covema S.A.C.I.F. is an Argentine privately held distributor, founded 1967, exclusively representing premium international construction and mining machinery brands (Wirtgen Group, Liebherr, New Holland, TERRATEC, Leica) and providing equipment, spare parts, and after-sales services to highway concessionaires, public utilities, and mining companies across Argentina.
- Company typePrivate
- Founded1967
- HeadquartersGrand Bourg, Argentina
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Covema does
Covema S.A.C.I.F. is an Argentine private construction and mining machinery distributor founded in 1967, headquartered in Grand Bourg, with 51-100 employees and a single-country footprint. The company operates as the exclusive Argentine representative of multiple premium international OEMs — Wirtgen Group brands (Wirtgen, Vögele, Hamm, Kleemann, Benninghoven, CIBER), New Holland Construction, TERRATEC (tunnel boring), Leica Geosystems (3D machine control), and through its wholly-owned subsidiary COSEMI, Liebherr's yellow line for the mining sector. Its core product offering spans cold and hot asphalt recyclers, pavers, compactors, crushers, asphalt mixing plants, motor graders, tunnel boring machines, cranes, and 3D machine control systems, including the Wirtgen Remixer RX 4500 — the first hot in-situ recycling train in South America.
Revenue is generated through one-time equipment sales, aftermarket spare parts (a 1,200 m² warehouse with 7,000+ SKUs and 24-hour order processing), and recurring maintenance and repair services. Pricing is quote-based under multi-year service contracts, distributed via direct field sales with national representatives. The customer base consists primarily of Argentine highway concessionaires (AUSA, AUBASA, Autopistas del Sol, GCO), public utilities (AYSA), mining companies served via COSEMI, and large road construction firms. The company is privately held with no disclosed external investors, ISO 9001:2008 certified, and positioned as a long-tenured full-line solutions provider for Argentina's road, port, airport, water, and mining infrastructure segments.
Covema firmographics
Firmographics- Name
- Covema
- Legal name
- Covema S.A.C.I.F.
- Website
- https://covemasacif.com.ar
- Company type
- Private
- Founded year
- 1967
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Covema S.A.C.I.F. is an Argentine privately held distributor, founded 1967, exclusively representing premium international construction and mining machinery brands (Wirtgen Group, Liebherr, New Holland, TERRATEC, Leica) and providing equipment, spare parts, and after-sales services to highway concessionaires, public utilities, and mining companies across Argentina.
- Ownership category
- akta.pro rank
Covema industry classification
Industry- Product category
- Construction Machinery Distribution
- NAICS
- Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers (423810)
- SIC
- Construction Machinery & Equip (3531), Construction, Mining & Materials Handling Machinery & Equip (3530)
- akta.pro primary industry
- Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers) (IMAHABAH)
Keywords
Where Covema is headquartered
LocationHeadquarters
- HQ city
- Grand Bourg
- HQ country
- Argentina
- HQ region
- Latin America
Offices1 record
Markets served
Covema business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Heavy Machinery Sales: Sale of construction and mining machinery through exclusive representation of international brands. Revenue derived from equipment sales, spare parts, and associated services.
- Spare Parts Supply: Aftermarket sales of genuine spare parts from a 1200 m2 covered warehouse with over 7000 items in stock. Orders processed within 24 hours with online factory connection for availability tracking.
- Maintenance and Repair Services: Technical review services at operation site with warranty-equivalent policies, including controls, maintenance, minor repairs, and technical reporting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Equipment sales with associated services |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Covema product offering
Product offeringCore offering
Covema S.A.C.I.F. is an Argentine exclusive distributor of international construction and mining machinery brands, supplying equipment for roads, highways, airports, ports, and industrial facilities. The company sells new heavy machinery (pavers, compactors, crushers, milling machines, recyclers, tunnel boring machines, cranes) under brands such as Wirtgen, Vögele, Hamm, Kleemann, Benninghoven, CIBER, TERRATEC, New Holland, Liebherr (via subsidiary COSEMI), and Leica Machine Control. Beyond equipment sales, Covema provides after-sales support including maintenance, repair, and a spare parts warehouse with over 7,000 items.
Product overview
Covema SACIF is a construction and mining machinery distributor and service provider with over 59 years of experience (established 1967). The company operates as an exclusive representative for multiple international brands including Wirtgen GmbH (cold milling machines, recyclers, stabilizers), VÖGELE (pavers), HAMM (compactors), KLEEMANN (crushers), BENNINGHOVEN (asphalt plants), CIBER, RM GROUP, and others. Their portfolio spans cold and hot recycling equipment (Remixer 4500, HM 4500), road construction machinery, tunnel boring equipment (TERRATEC), 3D machine control systems (Leica), and material handling equipment. COSEMI, a subsidiary, represents Liebherr yellow line equipment. Beyond equipment sales, Covema offers comprehensive after-sales support including a 1200 m² parts warehouse with over 7000 items, maintenance services, and repair operations. The company maintains ISO 9001:2008 quality management certification and serves infrastructure projects including roads, ports, airports, and hydraulic works throughout Argentina.
Differentiator
Problem solved
Functional benefit
Products and services
- Wirtgen Construction Equipment Wirtgen cold milling machines, recyclers, and stabilizers for asphalt rehabilitation and road construction, distributed exclusively in Argentina.
- VÖGELE Pavers Paving equipment and asphalt pavers for road construction, distributed exclusively by Covema in Argentina.
- HAMM Compactors Rollers and compactors for soil and asphalt compaction, distributed exclusively in Argentina.
- KLEEMANN Crushing and Screening Equipment Crushing and screening plants for aggregate processing, distributed exclusively in Argentina.
- CIBER Road Construction Equipment Road construction and rehabilitation equipment from CIBER, distributed exclusively in Argentina.
- BENNINGHOVEN Asphalt Mixing Plants Asphalt mixing plants and production equipment from Benninghoven, distributed exclusively in Argentina.
- RM GROUP Mobile Crushing and Screening Mobile crushing and screening equipment from RM Group.
- New Holland Construction Equipment Motor graders and other construction equipment including the RG140.B articulated motor grader (140-160 HP, FPT electronic motor, ZF Powershift transmission).
- RUBBLE MASTER Compact Crushers Compact crushers and screening equipment from Rubble Master.
- VSS MACROPAVER Slurry Seal and Microsurfacing Machines Slurry seal and microsurfacing machines for road maintenance.
- BORUM Road Marking Machines Road marking machines for line painting.
- GROVE by Manitowoc Cranes Cranes for construction and industrial applications.
- TERRATEC Tunnel Boring Machines Australian manufacturer of tunnel boring machines, raise boring machines, and custom tunnel equipment for mining and infrastructure projects.
- Leica Machine Control Systems 3D machine control systems for construction heavy equipment including excavators, bulldozers, graders, loaders, compactors, and pavers, installed as integrated positioning and control systems.
- CIMLINE Crack Sealing Equipment Crack sealing and melter equipment for pavement maintenance.
- PETTIBONE Material Handling Equipment Material handling and lifting equipment for construction and industrial sites.
- COSEMI – Liebherr Yellow Line Equipment Wholly-owned subsidiary of Covema SACIF serving as official representative of Liebherr yellow line in Argentina, including excavators, articulated dump trucks, wheel loaders, bulldozers, tracked loaders, telehandlers, and pipelayers, with post-sale service, technical training, preventive inspections, and original spare parts focused on the mining sector.
- Spare Parts Supply Service Aftermarket supply of genuine spare parts operated from a 1,200 m² covered warehouse with over 7,000 items in stock, online ordering systems connected to manufacturers, digital parts manuals, and 24-hour order processing, available in nationalized or F.O.B. condition.
- Repair Services Equipment repair service including on-site inspection, diagnostics, minor repairs, and technical reporting following warranty-equivalent procedures.
- Maintenance Services Preventive and corrective maintenance services for construction machinery.
Quantifiable outcome
- 85% reduction in truck trips compared to traditional asphalt replacement
- +4 more outcomes
Companies that use Covema
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles4 records
Covema technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
Covema partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- Wirtgen GmbHcoreExclusive distributor of Wirtgen construction machinery in Argentina, including cold milling machines, hot recyclers, stabilizers, and slipform pavers.
- VÖGELEcoreExclusive distributor of Vögele paving equipment in Argentina.
- HAMMcoreExclusive distributor of HAMM compactors and rollers in Argentina.
- KLEEMANNcoreExclusive distributor of Kleemann crushing and screening equipment in Argentina.
- BENNINGHOVENcoreExclusive distributor of Benninghoven asphalt mixing plants in Argentina.
- CIBERcoreExclusive distributor of CIBER equipment in Argentina.
- New Holland ConstructioncoreExclusive distributor of New Holland construction equipment including motor graders in Argentina.
- Liebherr (Línea Amarilla)coreCOSEMI (subsidiary of Covema SACIF) is the official representative of Liebherr yellow line in Argentina, including excavators, articulated dump trucks, wheel loaders, bulldozers, and telehandlers.
- TERRATECminorRepresents TERRATEC tunnel boring machines and raise boring equipment in Argentina.
- SEMISA SAminorSEMISA SA purchased Wirtgen Remixer RX 4500 equipment and contracted Covema SACIF for operation and maintenance services.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Covema competitors and assessment
Company assessmentBroad incumbents
- Komatsu Ltd. Major Japanese construction and mining equipment OEM with global dealer network. Indirectly comparable as a principal whose products Covema-distributed brands compete with, and whose dealers compete with Covema's principals' distribution.
- Finning International: Canada-based Caterpillar dealer with significant Latin American operations (Chile, Argentina, Bolivia). Direct peer in heavy equipment distribution but operates at much larger scale across multiple countries.
- Caterpillar Inc. World's largest construction and mining equipment OEM. Indirectly comparable as the principal whose products Covema's brand-partners compete with and whose own dealer network (Finning, Gecolsa) Covema competes against.
- John Deere: US-based OEM of construction and forestry equipment; acquired Wirtgen Group (Covema's principal brand partner) in 2017. Comparable as the OEM whose distributor strategy increasingly influences Covema's exclusive partnership status.
Others
- Liebherr: Swiss-German OEM of construction and mining equipment, represented in Argentina by Covema's subsidiary COSEMI. Comparable as a principal/partner rather than competitor, but part of the same equipment ecosystem.
Regional players
- Barloworld: South African industrial equipment and logistics group with Caterpillar distribution in Africa. Comparable business model (exclusive distribution + aftermarket) but focused on a different geography than Covema.
Direct peers
- Maquinarias S.A. Chilean heavy equipment distributor representing Komatsu and other brands. Closely comparable to Covema as a single-country Latin American exclusive distributor for construction/mining equipment brands.
- Gecolsa: Colombian Caterpillar dealer providing construction and mining equipment, parts, and service. Closely comparable to Covema in business model (exclusive distribution + aftermarket services) within Latin America.
- Ferreycorp: Peru's largest heavy equipment distributor (Caterpillar dealer). Operates the same exclusive-distribution business model as Covema in a neighboring South American market, with diversified industrial, mining, and construction customers.
- Grupo IESA: Mexican heavy equipment distributor representing multiple international brands for construction and mining. Same multi-brand exclusive distribution model as Covema in another major Latin American market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Covema social profiles
Digital presenceCovema compliance and trust
Trust signalCompliance1 record
Covema financial estimates
Financial estimateRevenue estimate
Valuation estimate
Covema leadership team
Management profileNumber of profiles
Profiles1 record
Covema subsidiaries and ownership
Company hierarchySubsidiaries1 record
Covema funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Covema M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Covema
What does Covema do?
Covema S.A.C.I.F. is an Argentine exclusive distributor of international construction and mining machinery brands, supplying equipment for roads, highways, airports, ports, and industrial facilities. The company sells new heavy machinery (pavers, compactors, crushers, milling machines, recyclers, tunnel boring machines, cranes) under brands such as Wirtgen, Vögele, Hamm, Kleemann, Benninghoven, CIBER, TERRATEC, New Holland, Liebherr (via subsidiary COSEMI), and Leica Machine Control. Beyond equipment sales, Covema provides after-sales support including maintenance, repair, and a spare parts warehouse with over 7,000 items.
Is Covema a public or private company?
Covema is a private company. It is classified as family owned and is currently operating.
When was Covema founded?
Covema was founded in 1967. It employs 51 to 100 people.
Where is Covema based?
Covema is headquartered in Grand Bourg, Argentina, in the Latin America region.
How does Covema make money?
Three revenue lines are on record. Heavy Machinery Sales are the primary driver. The others are spare Parts Supply and maintenance and Repair Services.
Who are Covema's main competitors?
Broad incumbents on record are Komatsu Ltd., Finning International, Caterpillar Inc. and John Deere. Liebherr is listed as an others. Barloworld is listed as a regional player. Direct peers are Maquinarias S.A., Gecolsa, Ferreycorp and Grupo IESA.
Does Covema have an API?
No public API is recorded for Covema.
What industry is Covema in?
Covema's product category is Construction Machinery Distribution. Its primary akta.pro industry code is IMAHABAH, Bulk Material Handling Systems (Belt Conveyors, Feeders, Stackers, Reclaimers). Its NAICS code is 423810 and its SIC code is 3531.