Name

Groupe Lar

Legal name

Groupe LAR Inc.

Website

https://lar.qc.ca

Company type

Private

Founded year

1942

Operating status

Acquired

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Structural Steel Manufacturing

NAICS

Plate Work and Fabricated Structural Product Manufacturing (33231), Steel Product Manufacturing from Purchased Steel (3312)

SIC

Fabricated Plate Work (Boiler Shops) (3443)

akta.pro primary industry

Metals & Steel Mill Facility Construction (IMAFADAF)

akta.pro secondary industries

Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF), Aluminum Project Development, Engineering & EPC (Smelters/Refineries) (IMAKACAO), Process Plant & Materials Handling EPC (Crushing, Conveying, Stockpiles, Loadout) (IMAKAOAE)

Keywords

• Structural steel fabrication
• Industrial plant structures
• Hydroelectric infrastructure
• Heavy industrial steelwork
• Mining power structures

Headquarters

HQ city

Métabetchouan-lac-à-la-croix

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Core offering

Groupe Lar designs, manufactures, and installs steel plant structures for aluminum smelters, power generation facilities, mining operations, and other heavy industrial sites, with a strong focus on hydroelectric infrastructure in Canada. The company delivers custom-fabricated structural steel products to utility operators, EPC contractors, and industrial developers from its Quebec facility.

Product overview

Groupe Lar is a Canadian steel structures company acquired by ADF Group Inc. in September 2025. The company specializes in manufacturing steel structures, primarily serving the hydroelectric sector. ADF Group invested over $35 million to support Groupe Lar's growth and aims to double LAR's order backlog by the end of 2027. The company contributed approximately CAD 20 million in revenue to ADF Group's fiscal 2026 results and carries a backlog of CAD 138.2 million. Beyond being identified as a steel structures manufacturer for infrastructure and hydroelectric projects, no specific named product modules, sub-brands, or distinct service offerings are detailed in the available source material.

Differentiator

Problem solved

Functional benefit

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ADF Group Inc.coreStrategic or Co-development Partner · 2 September 2025ADF Group Inc. acquired Groupe LAR Inc. on September 18, 2025 in a deal valued at $19 million plus other considerations. The acquisition aims to create synergies, diversify ADF's offerings, and maintain jobs in Quebec. ADF Group plans to invest over $35 million to support growth and aims to double LAR's order backlog by the end of 2027.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• ADF Group Inc. Direct parent and acquirer of Groupe Lar; ADF Group is a Canadian fabricator of steel structures and complex metal components for industrial and infrastructure projects, sharing essentially the same product category and customer base as Groupe Lar.
• Walters Group: Canadian structural steel fabricator and erector serving heavy industrial, institutional, and infrastructure projects across North America, with overlapping capability in large-scale industrial plant structures similar to Groupe Lar.
• Canam Group: Major Canadian fabricator of steel joists, girders, and structural steel components serving commercial, industrial, and infrastructure projects, directly comparable to Groupe Lar's steel structures business.
• Supreme Steel: Western Canadian structural steel fabricator serving bridges, industrial facilities, and heavy infrastructure projects, offering directly comparable steel structure manufacturing capabilities to Groupe Lar.
• Ocean Steel: Canadian structural steel fabricator with capacity for large-scale industrial and commercial projects, competing in similar geographies and project scopes as Groupe Lar.

Others

• Stantec Inc. Canadian engineering, architecture, and project management firm active in hydroelectric and industrial infrastructure design; relevant as an ecosystem participant influencing the project pipeline Groupe Lar depends on.

Broad incumbents

• Russel Metals Inc. One of Canada's largest metal product distributors and steel service centers, overlapping with Groupe Lar's industrial steel end markets and providing an upstream/downstream adjacency to steel structure fabrication.
• Voith Hydro: Global OEM of hydropower electromechanical equipment (turbines, generators, hydromechanical equipment), serving the same hydroelectric utility customers that purchase Groupe Lar's steel structures.
• Andritz Hydro: Global supplier of turbines, generators, and hydro plant services, engaged in the same Canadian hydroelectric project ecosystem where Groupe Lar supplies steel structures.

Regional players

• Bouygues Construction: International contractor with civil works and hydropower EPC capabilities outside Canada; comparable as a peer in the broader hydropower construction value chain, though operating in different geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Groupe Lar