# AD and Torbsa Limited announce merger

AD and Canadian building supplies buying group Torbsa Limited agreed to merge, creating a new division AD Canada – Building Supplies. The merger is expected to close July 1, 2022.

- Type: Acquisition
- Announced: 2022-06-01
- Where: Canada
- Status: announced
- Products: building supplies
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [AD](https://endata.com/companies/7175.md) (acquirer)
- [Torbsa Limited](https://endata.com/companies/63187.md) (target)

## Sources

- [adhq.com](https://www.adhq.com/about/ad-news/ad-announces-merger-with-canadian-buying-group-torbsa), 2022-06-01: "AD and Torbsa Limited, a leading building supplies buying group in Canada, are announcing an agreement to merge the two groups."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.