AD's seventh merger since 1981, third in Canada

The Canaplus merger is described as AD's seventh merger since its 1981 founding and its third within Canada, reflecting an ongoing buying-group consolidation strategy.

“This is AD’s seventh merger since the group’s founding in 1981 and its third within Canada. AD completed mergers with Canadian electrical groups in 1993 and 2012.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.