Equivu Capital Announces Sale Of S2 To LEFORT
S2, based in Ottumwa, Iowa, is a leading manufacturer of the Aljon brand landfill compactors, car crushers and metal baling equipment with service and support worldwide. It also manufactures the high-quality Vammas airport snow removal equipment and is a Bonfiglioli distributor.
“LEFORT is the ideal partner for S2, combining its strong product line and North American presence with the expertise of a global metal recycling company,” Sal Calvino, CEO of Equivu.“We acquired S2 in 2021 and are proud of the growth and expansion of S2 during that time.”
About LEFORT
Founded in 1947 in Gosselies, Belgium, LEFORT is a family business currently owned and controlled by Antoine and Julien Lefort, members of the fourth generation. LEFORT is today one of the world's leading manufacturers of metal recycling equipment. Leveraging its production facilities in Belgium, France, and the United States, the Group distributes its solutions worldwide. LEFORT employs approximately 350 people and generates annual revenue of about EUR 130 million.
About Equivu Capital
Equivu Capital, a private investment firm, acquired C&C Manufacturing (now S2 Manufacturing) in 2021. Founded in 2020, Equivu Capital invests in growing businesses and brings a high level of management expertise to its companies, focusing on working on the business rather than working in the business. Equivu Capital, based in Boca Raton, Fla, is the investment arm of entrepreneur, Salvatore C. Calvino. For more information, please visit .
For more media information, contact:
Lisa Hendrickson
LCH Communications for Equivu
516-643-1642
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