ADF Group Plans to Double Recently Acquired Groupe LAR's Order Book

Dow Jones10-29

By Adriano Marchese

ADF Group plans to double the order book of its recently acquired Groupe LAR over the next year and a half, tapping into infrastructure projects across Canada.

ADF Group said Wednesday that it expects to double LAR's order backlog--which stood at 104.5 million Canadian dollars ($74.9 million) as of July 31--by the end of January 2027.

The Terrebonne, Quebec, company said it completed the acquisition in mid-September, and it now intends to implement a growth plan supported by upcoming pan-Canadian projects in hydroelectric development.

The growth will come with substantial investments, it said. ADF plans to invest over C$35 million at LAR's main plant in the Saguenay-Lac Saint-Jean region of Quebec, over the next 24 months, with construction of a new building starting as early as April of next year, the company said.

It also expects to increase the employees working at the plant, which currently has 200 workers.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

October 29, 2025 08:49 ET (12:49 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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