LR Group

What LR Group does

LR Group is a privately held Israeli international development company founded in 1985 by Ami Lustig (CEO) and Roy Ben Yami (President), headquartered in Herzliya, Israel. The company delivers integrated, large-scale infrastructure and development projects across six verticals — agriculture, water, energy and power, telecommunications, health, and construction — in more than 20 countries across Africa, the Americas, Europe, and Asia Pacific. Its product portfolio includes proprietary frameworks such as the ADAMA family farming cluster, Agro-Industrial Towns and Centers, SPIS precision irrigation systems (1,500+ installations spanning 20,000+ hectares), modern automated dairy operations, integrated water resources management, turnkey telecom infrastructure, hospital development, and the BIOHOUSE biotech workspace network in Israeli medical centers.

LR Group monetizes through a diversified set of engagement models — EPC, EPCM, BOO, BOOT, and PPP — executing turnkey projects with governments and state-owned entities in developing economies. Revenue mechanics combine one-time project delivery (design, procurement, construction), managed services (long-term operations under concession), and finance facilitation (structuring buyer-credit and bankable financing through relationships with Bank Leumi, Israel Discount Bank, and ASHR'A insurance). Customer segments are concentrated in sovereign and quasi-sovereign clients (Governments of PNG, DRC, Angola, Chad, Sri Lanka, China) supplemented by enterprise JVs (Metro Pacific, DDL, ExxonMobil). The firm employs over 2,000 people worldwide, operates via affiliates including Innovative Agro Industry Ltd. and Sun Clal, and was managing ventures worth over $900 million as of 2015.

Name

LR Group

Legal name

LR Group Ltd.

Website

https://lr-group.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

51–100 employees

Short description

LR Group is a privately held Israeli international development firm founded in 1985 that delivers turnkey EPC, BOO, BOOT, and PPP projects across agriculture, water, energy, telecom, health, and construction for governments and enterprises in developing economies across 20+ countries.

Ownership category

akta.pro rank

Product category

International Development & Infrastructure Services

NAICS

Utility System Construction (2371), Management of Companies and Enterprises (5511)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600), Water, Sewer, Pipeline, Comm & Power Line Construction (1623), General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Self-Performing General Contractors (IMAFAAAI)

akta.pro secondary industries

Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE), Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA), Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ)

Keywords

• International development projects
• Agricultural infrastructure solutions
• Water resource management
• Renewable energy development
• Public-private partnerships

Headquarters

HQ city

Herzliya

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering, Procurement & Construction (EPC): Full turnkey project delivery where LR Group takes charge of design & planning, procurement of materials, and construction, adhering to agreed budget, schedule, and quality standards.
2. Project Finance Facilitation: LR Group provides finance facilitation services including engineering financing packages, full bankability assessments, and optimized funding options. They have access to first-tier international financial institutions and provide financial backing for complex project structures.
3. Build, Own, Operate (BOO) / BOOT Models: LR Group develops, finances, engineers, procures, constructs, and operates projects. May be developed exclusively by LR Group or in cooperation with partners. Under BOOT, facilities are transferred to public administration at end of concession agreement.
4. Public-Private Partnership (PPP): LR Group enters into partnerships with local governments providing innovative technology and expertise, improving service, and facilitating economic growth.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

LR Group develops, finances, engineers, procures, constructs, and operates large-scale turnkey infrastructure and development projects in developing countries. The company works across six core divisions—Agriculture, Water, Energy & Power, Telecommunications, Health, and Construction & Infrastructure—delivering projects via EPC, BOO, BOOT, and PPP models in partnership with governments, local entities, and international financial institutions.

Product overview

LR Group is an international development company offering a diversified portfolio of products and services across six core business divisions: Agriculture, Water, Energy & Power, Telecommunications, Health, and Construction & Infrastructure. The company provides turnkey solutions ranging from feasibility studies to full project execution (EPC, BOO, BOT, PPP models). Key agricultural products include ADAMA family farming clusters, Agro-Industrial Towns (AIT), Agro-Industrial Centers (AIC), Centers of Excellence, livestock operations, aquaculture, and protected agriculture. Water solutions encompass integrated water resources, desalination (reverse osmosis), drainage systems, and irrigation technology. Energy offerings include renewable power (hydro, solar, biomass), conventional power, and transmission systems. Telecom services cover cellular infrastructure, wireless networks (LTE, GSM, CDMA, WiMax), satellite solutions, and IT integration. Health services include hospital development, cancer diagnostics, and International Medical Academy (IMA) training. The company also operates BIOHOUSE biotech workspaces in Israeli medical centers and provides finance facilitation services for development projects worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Innovative Agro Industry Ltd. (IAI): Affiliate of LR Group specializing in agricultural development, dairy farms, and agro-industry projects, particularly active in Papua New Guinea.
• BIOHOUSE
• BIOHOUSE Labs

Products and services

• Agricultural Development Solutions (ADAMA, AIT, AIC, AISTC)
• Integrated Water Resources Management
• Energy and Power Solutions
• Telecommunications Infrastructure
• Healthcare Development Services
• Construction and Infrastructure Development
• Finance Facilitation
• BIOHOUSE Biotech Workspaces

Quantifiable outcome

• Ilimo Dairy Farm reduced milk prices in PNG market by 50%
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Twelve partnerships are on record, tiered core, minor and strategic.

• Metro Pacific Investments Corp. (MPIC) / Metro Pacific Agro Ventures (MPAV)coreStrategic or Co-development Partner · 14 February 2023LR Group formed a joint venture with Metro Pacific Dairy Farms to boost Philippines dairy production. The facility in Laguna is expected to produce 6.5 million liters of fresh milk annually, targeting 20% of the country's daily dairy demand. This is part of a broader partnership that also includes a vegetable greenhouse facility (MPFF) producing over 1,200 metric tons of vegetables annually.
• Demerara Distillers Limited (DDL)coreStrategic or Co-development Partner · 8 February 2023LR Group formed a joint venture with DDL, one of Guyana's leading companies, for development of a dairy farm for 500 milking cows with transfer of modern Israeli agro-technologies. The venture aims to strengthen high quality dairy production in Guyana while reducing reliance on imports.
• Government of Israel / Israeli Ministry of HealthcoreStrategic or Co-development Partner · 19 October 2020LR Group serves as Israeli government integrator for Government-to-Government (G2G) agreements with China. The agreement with Yangzhou includes Israeli talent in technology and data operation systems for emergency preparedness, signed by Health Ministry director-general Itamar Grotto.
• ExxonMobilminorStrategic or Co-development Partner · 15 August 2018A local partnership with Exxon and Innovative Agro Industry for development of large-scale commercial agriculture farm including fruit, vegetables, dairy and poultry production, providing training, extension services and management for sustainable economic development.
• Hadassah Medical Center Ein KeremcoreStrategic or Co-development Partner · 31 July 2018LR Group invested NIS 50 million in BIOHOUSE, a network of specialized workspaces for bio-medical startups within medical centers in Israel. The first workspace was established in cooperation with Hadassah Medical Center and the Jerusalem Development Authority's BioJerusalem venture.
• Innovative Agro Industry (IAI)coreStrategic or Co-development PartnerIAI is an affiliate of LR Group and manages various agricultural projects including in Papua New Guinea, Chad, and other countries. IAI has established joint ventures with provincial governments for agricultural development.
• Israel Electric CorporationstrategicTechnology or IntegrationThrough strategic partnership with the Israel Electric Corporation, LR Group provides total solutions for the power sector including power generation, transmission & distribution systems, and cyber solutions.
• Beilinson HospitalcoreStrategic or Co-development PartnerBeilinson Hospital was selected to lead the first phase of emergency preparedness training project in Yangzhou, China. Medical teams from Beilinson, along with other Israeli hospitals (Schneider, Haemek, Rambam), MDA, and Tel Aviv University provide training.
• Government of DRCcoreStrategic or Co-development PartnerThe NOUVEAU DAIPN (N'sele Presidential Farm) is a modern farm project initiated by President Joseph Kabila together with LR Group. The 3000-hectare complex supplies Kinshasa market with chicken, eggs, vegetables, and fruits produced using modern agro-industrial methods.
• Government of Papua New GuineacoreStrategic or Co-development PartnerLR Group works extensively with PNG government on agricultural projects including Ilimo Dairy Farm (first dairy enterprise in PNG), Sepik Chicken Grain & Cocoa Project, and various agricultural initiatives across multiple provinces.
• Government of ChadcoreStrategic or Co-development PartnerLR Group, in cooperation with Mori Investments, is establishing four farms in Chad including three multidisciplinary farms and one dairy farm under the SITEA project, with Prime Minister Kalzeubet Pahimi Deubet laying the cornerstone.
• Government of Sri LankaminorStrategic or Co-development PartnerLR Group's Rural Water Supply project connected 79 villages in Sri Lanka's North West Province to safe water supply systems, treating water salinity and lowering fluoride content for improved health outcomes.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kalpataru Power Transmission: Indian EPC firm delivering power transmission, infrastructure, and agri-warehousing projects globally, with strong emerging-market exposure. Comparable to LR Group in multi-sector EPC and government-client orientation.
• Minrav Holdings: Israeli infrastructure and real estate group with international construction and development activities. Comparable to LR Group in Israeli origin and infrastructure project delivery, though with stronger domestic orientation.
• Elsewedy Electric: Egyptian integrated EPC and electrical equipment group with major operations across MENA and Sub-Saharan Africa in power, water, and infrastructure. Comparable to LR Group in integrated solutions and emerging-market focus.
• Tahal Group: Israeli water, agriculture, and infrastructure EPC firm that delivers turnkey projects in emerging markets. Closely comparable to LR Group in Israeli origin, multi-sector water/agri focus, and emerging-market government clients.
• Enka Insaat ve Sanayi: Turkish EPC contractor with extensive operations across the Middle East, Africa, and the former Soviet Union. Comparable to LR Group in multi-sector (power, infrastructure, real estate) EPC delivery in emerging markets.
• Olam International (ofi and agribusiness): Singapore-headquartered food and agri-business with deep emerging-market footprint in primary production, processing, and supply chains. Comparable to LR Group in agricultural development focus and presence in developing economies.
• Shapir Engineering and Infrastructure: Israeli infrastructure and construction company with international operations in water, energy, and civil projects. Comparable to LR Group in Israeli EPC heritage and multi-sector infrastructure delivery.

Broad incumbents

• Daewoo Engineering & Construction: Korean EPC contractor delivering large infrastructure, power, and housing projects across the Middle East, Africa, and Asia. Comparable to LR Group in international EPC and emerging-market execution, but with broader portfolio.
• PowerChina / SEPCO III: Chinese state-owned EPC giant active across power, water, and infrastructure in developing markets, often with concessional financing. Comparable to LR Group in target sectors and geographies but with far larger scale and balance sheet.

Others

• Africa Finance Corporation: Pan-African multilateral development finance institution that funds and co-develops infrastructure projects across the continent. Not a direct competitor, but a key capital partner and counterparty shaping the same emerging-market EPC landscape as LR Group.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/user/TheLRGROUP
• LinkedInlinkedin.com/company/lr-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LR Group