Lou-Tec named one of Canada’s Best Managed Companies

MONTREAL, QUE. – Lou-tec, a construction equipment rental company, has been recognized by Canada’s Best-Managed Companies for 2025. Each year, this national distinction recognizes Canadian companies that stand out for their business practices.

For over 30 years, this program has highlighted the performance of private Canadian companies with sales over $50 million. Selected companies are evaluated on criteria such as strategic leadership, organizational culture, innovation, governance, and financial performance. Lou-Tec has experienced a growth trajectory, doubling its sales and making multiple acquisitions, including that of Torcan Lift Equipment, which has been developing the Ontario territory since 2023. This expansion through integration has enabled Lou-Tec to extend its reach throughout Quebec and Ontario.

“This distinction is the culmination of several years of transforming the company, while capitalizing on the potential of our human capital. Lou-Tec remains on the lookout for opportunities to realize its vision of becoming a major player in the equipment rental industry across the country,” said Jean-Marc Dallaire, president and CEO of Lou-Tec.

These recognized companies are strengthening the Canadian economy by improving competitiveness and cultivating a thriving business ecosystem, according to Lou-Tec.

“Exploring new avenues for the advancement of tomorrow, this year’s Best Managed winners displayed courage, resourcefulness, and creativity,” said Derrick Dempster, partner, Deloitte Private and co-leader, Canada’s Best Managed Companies program.