AD completes merger with Torbsa Limited
AD announced it has completed the merger with Torbsa Limited, a leading building supplies buying group in Canada, effective July 1.
The partnership creates AD Building Supplies – Canada, the fourth division in AD’s Canadian business unit. Former Torbsa President Paul Williams will serve as vice president of the new division. AD welcomes three additional new associates as part of the transaction.
“Now that we have reached the completion of the merger process, our team looks forward to working with our members to bring them new relationships and services that come from AD’s scale and history of success,” said Williams.
The merger brings twenty-six independent Canadian distributors with forty-six locations into the AD family. Rob Dewar, president of AD Canada, said the merger will strengthen the market position of Building Supplies members and AD’s membership as a whole.
“The AD team is thrilled to officially welcome Torbsa’s employees, members, and suppliers into our family,” said Dewar. “By joining forces, both our new and longtime members will be able to leverage increased buying power, and the merger gives us additional resources to explore potential new offerings to help our members grow.”
AD Chairman & CEO Bill Weisberg added, “We are thrilled to see this continued growth in Canada, which now fully mirrors our U.S. footprint in terms of distribution segments."Looking for a reprint of this article?
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