GROUPE MAGMA

What GROUPE MAGMA does

GROUPE MAGMA is a privately held Quebec-based company founded in 1999 that operates across two sectors: residential and mixed-use real estate development, and renewable energy via anaerobic digestion of organic waste. The Immobilier division develops condominium and multi-family projects across Quebec, with a portfolio of more than 3,000 residential units either delivered or in progress on sites in Montréal (Griffintown), Laval, Terrebonne, Mirabel, Boisbriand, Lorraine, and Saint-Lambert, including projects such as SkyBlü (510 units across three 15-storey towers in Mirabel), La Cité des Pionniers (315 units in Terrebonne), Carré de la Montagne (148 units in Montréal), and Le Brickfield. The Energy subsidiary, FORMA+ Énergie, operates biodigester facilities (branded "Rosette-la-vache") that use anaerobic digestion to convert organic waste from industrial, commercial, and institutional clients into renewable natural gas (GNR) injected into the Énergir distribution network, with the residual digestate sold as organic fertilizer.

The company generates revenue through two distinct streams. The Immobilier division sells condominium units directly to end buyers through internal sales teams that manage projects from conception and design through procurement, construction, marketing, and delivery, functioning as a one-time-sale developer. FORMA+ Énergie sells managed waste-valorization services to industrial, commercial, and institutional clients on a turnkey basis. Historical divisions include Coffrage (formwork, 1999), Développement immobilier (2005), and Réfection (renovation, 2014).

In 2020 MAGMA formed a strategic alliance with Groupe LHOTELLIER, a French fourth-generation family-owned construction group led by Paul Lhotellier, exchanging Quebec market access for European technical expertise and creating optionality for international expansion. The company is led by President Yan LeHouillier, with vice presidents covering planning/design/procurement, finance/administration, and the Energy division, and maintains offices in Bois-des-Filion (headquarters) and Blainville (FORMA+). It has accumulated multiple Quebec industry awards, including Prix Construire wins in 2020 and 2022, the Prix d'Excellence CEGQ in 2018, and AMF integrity accreditation for public contracts in 2013.

Name

GROUPE MAGMA

Legal name

GROUPE MAGMA

Website

https://groupemagma.ca

Company type

Private

Founded year

1999

Operating status

Operating

Short description

GROUPE MAGMA is a Quebec-based private developer of residential condominiums and mixed-use projects (3,000+ units delivered or in progress) and, through its FORMA+ Énergie subsidiary, produces renewable natural gas from organic waste via anaerobic digestion for industrial, commercial, and institutional clients.

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

Land Subdivision (2372), Solid Waste Combustors and Incinerators (562213)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Refuse Systems (4953)

akta.pro primary industry

Compost & Soil Amendment Product Manufacturing/Blending (Value-Added Organics) (BPALAEAH)

akta.pro secondary industry

Regenerative Agriculture & Soil Organic Carbon (SOC) (EUABABAE)

Keywords

• Residential real estate development
• Condominium construction
• Renewable natural gas
• Organic waste valorization
• Anaerobic digestion

Headquarters

HQ city

Blainville

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development and Sales: Development and sale of residential condominiums and multi-family housing projects. The division creates high value-added projects on exceptional sites, from conception through to delivery and marketing. Revenue is generated from property sales to end customers.
2. Energy Services - Organic Waste Valorization: Service-based model offering organic waste valorization through anaerobic digestion. Produces renewable natural gas (biogaz) and organic fertilizers (digestat). Customers include industrial, commercial, and institutional entities that pay for waste management and energy solutions.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

GROUPE MAGMA develops, builds and markets residential condominium and mixed-use real estate projects in Quebec (Immobilier division) and, through its FORMA+ Énergie subsidiary, valorizes organic waste from industrial, commercial and institutional clients into renewable natural gas and organic fertilizer via anaerobic digestion. The group also operates historical Coffrage (formwork) and Réfection (renovation) service lines and manages projects from conception through delivery.

Product overview

GROUPE MAGMA is a Quebec-based real estate and renewable energy company operating two main divisions. The Immobilier division develops residential condominium projects across Quebec (including brands like Le M, SkyBlü, Carré de la Montagne, Le Brickfield), while the Énergie/FORMA+ division produces renewable natural gas through anaerobic digestion of organic waste. The company also historically operated Coffrage (formwork) and Réfection (renovation) divisions. The product portfolio spans from property development and construction to circular economy energy solutions.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• More than 3,000 residential units either delivered or in progress
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Groupe LHOTELLIERflagshipStrategic or Co-development Partner · 1 January 2020Strategic alliance formed in 2020 with Groupe LHOTELLIER, a French family company in its 4th generation led by Paul Lhotellier. This alliance combines in-depth knowledge of the Québec real estate market with European technical expertise. It provides MAGMA with sustainable growth leverage and international expansion while allowing Groupe LHOTELLIER to develop its presence in the Québec market. The partnership exchanges skills and perspectives, providing MAGMA access to high-level technological, logistical, and methodological resources while maintaining strong local roots.

Scale indicators3 records

Recent moves10 records

Expansion highlights2 records

Direct peers

• Groupe Sélection: Québec-based developer of large-scale retirement, residential and mixed-use projects across the province. Comparable in geography and in the multi-family residential product category.
• Broccolini: Québec-based construction and real estate group operating across industrial, commercial, residential and mixed-use developments. Comparable integrated construction-to-development capability in the same Québec market.
• Tockay Renewables: Ontario/Canadian renewable energy and anaerobic digestion developer producing renewable natural gas from agricultural and organic waste. Comparable to FORMA+ Énergie in AD technology and circular-economy model.
• Prével: Québec family-owned developer of urban condominium and rental projects in Montréal and Québec City. Comparable in scale, multi-family focus and integrated development model to MAGMA.
• Walker Environmental: Canadian waste management and organics processing company operating composting and anaerobic digestion assets. Comparable to FORMA+ in organic waste valorization and digestate/compost output.
• Devimco Immobilier: Major Québec-based real estate developer of large-scale mixed-use and condominium projects (e.g., District Griffin, Union sur le parc). Highly comparable to GROUPE MAGMA's Immobilier division in product type, geography and end-customer base.
• Les Développements Claridge: Québec-based real estate developer active in residential and commercial projects. Comparable as a regional peer operating in the same product category and Québec market.
• Wessuc: Canadian organics management company providing composting, anaerobic digestion and soil-amendment services across Ontario. Comparable to FORMA+ Énergie in feedstock collection, AD processing and soil amendment products.
• StormFisher Environmental: Canadian operator of anaerobic digestion facilities producing renewable natural gas and organic fertilizer from organic waste. Directly comparable to MAGMA's FORMA+ Énergie division in technology, business model and product outputs.

Broad incumbents

• GFL Environmental: Large Canadian environmental services company with a broad portfolio including solid waste collection, organics processing and renewable energy projects. Comparable to the FORMA+ Énergie business as an incumbent in waste-to-resource with much wider scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/GroupeMagma
• LinkedInlinkedin.com/company/groupe-magma

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

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 MAGMA