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ADF Group Inc. has entered into an agreement to acquire Groupe LAR Inc., a Canadian leader in the design, manufacture and installation of mechanically welded steel structures. The purchase price is $19 million, plus a closing adjustment, payable in cash and shares.
“We truly believe that this transaction will create significant synergies between our two groups, will have a positive contribution to ADF's net income and will diversify ADF's offering.”newswire.ca
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