)
Visual24 Oct 2025
The rise of Alphabet
ADF Group (DRX) investor relations material
ADF Group M&A Announcement summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.M&A Announcement summary29 Oct, 2025
Deal rationale and strategic fit
Acquisition expands presence in hydroelectric and heavy industry sectors, supporting a pan-Canadian growth plan and leveraging market tailwinds in renewable energy infrastructure.
Enables diversification of product and market reach, reducing exposure to U.S. market volatility and shifting backlog mix from 80/20 U.S./Canada to a projected 40/60 by 2027.
Provides access to key client certifications and blue-chip relationships, supporting participation in major projects.
LAR's strong order backlog and robust project pipeline align with recurring revenue targets and growth objectives.
Both entities share common values and expertise, targeting growth in consolidated revenues and shareholder value.
Financial terms and conditions
Total purchase price of $20.4 million, including $16.4 million in cash (with $1.4 million working capital adjustment) and $4 million in Subordinate Voting Shares.
Transaction closed on September 18, 2025, with purchase price allocation to be finalized in October 2025 interim financials.
Acquisition completed via a reverse vesting order, resulting in a debt-free balance sheet and exclusion of non-essential assets.
Synergies and expected cost savings
Operational synergies expected through best practice sharing, increased fabrication capacity, and modernization of equipment.
Terrebonne plant and integration of production, bidding, and financial ERPs will maximize internal efficiencies and supply chain benefits.
Integration expected to double LAR's fabrication capacity and positively impact net results.
Detail the plan to double LAR's backlog by 2027
Quantify expected ROI from LAR's $35M investment
How does LAR acquisition mitigate US tariff risks?
How does Lahr acquisition diversify client base?
What margin improvement is expected from Lahr CapEx?
What enables Lahr's backlog to double by 2027?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next ADF Group earnings date
Q3 202611 Dec, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
ADF Group Inc. specializes in the design, engineering, fabrication, and installation of complex steel structures, heavy steel built-ups, and various metalwork services. This company plays a role in the non-residential construction industry, contributing to the development of office towers, high-rises, commercial buildings, recreational facilities, airport infrastructures, industrial complexes, and transport infrastructures. ADF Group Inc. caters to a diverse clientele that includes general contractors, project owners, engineering firms, project architects, structural steel erectors, and other steel structure fabricators. The company is headquartered in Terrebonne, Quebec, and its shares are listed on the Toronto Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage