Codex SA

Based in Senegal, Codex SA provides advanced lifting solutions through a comprehensive range of equipment, specializing in mobile cranes, forklifts, and aerial work platforms for industrial and construction needs. Codex SA, founded in 2007 and headquartered in Dakar, Senegal, specializes in lifting solutions. The company pivoted its operations in 2013 by acquiring mobile cranes and forklifts. It has successfully completed 1 deal, with its most recent deal occurring on September 12, 2025, when Adiwale Partners acquired a minority stake in the company.

Codex SA specializes in advanced lifting solutions, offering a diverse array of equipment including mobile cranes, forklifts, and aerial work platforms. With a fleet exceeding 65 units, the company provides lifting capacities from 20 tons to 600 tons, catering to industrial and construction sectors. Codex SA is recognized as the largest provider of mobile crane rentals in Senegal, serving construction firms and industrial operators, and also offers semi-trailers and other industrial vehicles. Codex SA generates revenue through equipment rental and sales primarily in mobile cranes and forklifts.

Its transactional model focuses on B2B relationships with construction companies and industrial clients, who enter rental agreements with pricing based on equipment type and rental duration. The company also offers outright equipment sales, providing clients with options tailored to their operational needs. In September 2025, Codex SA's acquisition by Adiwale Partners aims to accelerate growth and finance new equipment acquisitions. The company plans to expand its reach across West Africa, targeting new markets and geographic regions.

Specific upcoming products are currently in development, aligning with the company’s strategic growth objectives.