---
title: "ADF Group agrees to acquire Groupe LAR for CAD 19 million and shares"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290074340.md"
description: "ADF Group agreed to acquire Groupe LAR and certain subsidiaries for CAD 19 million, subject to working-capital adjustment. The consideration comprises CAD 15 million in cash and 449,944 subordinate voting shares valued at CAD 4 million. LAR reported CAD 80.9 million in revenue for fiscal 2024 with an order backlog of CAD 104.5 million as of July 31, 2025. ADF plans to fund the cash portion from available resources, with closing expected shortly after court and TSX clearance."
datetime: "2026-06-17T15:12:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290074340.md)
  - [en](https://longbridge.com/en/news/290074340.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290074340.md)
---

# ADF Group agrees to acquire Groupe LAR for CAD 19 million and shares

-   ADF Group agreed to acquire Groupe LAR and certain subsidiaries for CAD 19 million, subject to a working-capital adjustment. \* Consideration includes CAD 15 million cash and 449,944 subordinate voting shares valued at CAD 4 million using a 5-day TSX average to Aug. 29, 2025. \* LAR reported CAD 80.9 million revenue for fiscal 2024; order backlog was CAD 104.5 million as of July 31, 2025. \* ADF expects to fund the cash portion from available cash; closing is expected shortly following court and TSX clearance. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ADF Group Inc. published the original content used to generate this news brief on June 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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