Fletcher Building
Encyclopedia
Fletcher Building Limited is currently the largest listed company in New Zealand
, having recently overtaken Telecom New Zealand
, with a market capitalisation of over NZ$
4.5 billion. The company was split from Fletcher Challenge
in 2001, formerly New Zealand's largest business and multinational.
business acquired in May 2007 as well the Laminex business.
. Fletcher Building has operations internationally, which contributes to 47% of total revenue.
is a leading tools and building supplies retail store chain in New Zealand.
New Zealand
New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...
, having recently overtaken Telecom New Zealand
Telecom New Zealand
Telecom New Zealand is a New Zealand-wide communications service provider , providing fixed line telephone services, a mobile network, an internet service provider , a major ICT provider to NZ businesses , and a wholesale network infrastructure provider to other NZ CSPs...
, with a market capitalisation of over NZ$
New Zealand dollar
The New Zealand dollar is the currency of New Zealand. It also circulates in the Cook Islands , Niue, Tokelau, and the Pitcairn Islands. It is divided into 100 cents....
4.5 billion. The company was split from Fletcher Challenge
Fletcher Challenge
Fletcher Challenge is a now defunct multinational corporation from New Zealand, formed in 1981 by the merger of Fletcher Holdings, Challenge Corporation and Tasman Pulp and Paper...
in 2001, formerly New Zealand's largest business and multinational.
Divisions
The company operates in five separate divisions - Building Products, Steel, Laminates & Panels, Infrastructure, and DistributionInfrastructure
The company's infrastructure division comprises commercial and residential construction, concrete and quarries. The company owns Golden Bay Cement.Steel
The Steel division has a diversified portfolio of steel businesses across three broad business lines, primarily in Australia and New Zealand. Each of the division’s businesses has a leading market position and widely recognised brands.Laminates & Panels
This business includes the FormicaFormica (plastic)
Formica is a brand of composite materials manufactured by the Formica Corporation now based in Newcastle, Tyne & Wear, a division of the New Zealand company Fletcher Building. In common use, the term refers to the company's classic product, a heat-resistant, wipe-clean, plastic laminate of paper or...
business acquired in May 2007 as well the Laminex business.
Building Products
Fletcher Building manufactures building materials, such as GIB plasterboard, Pink Batts insulation, and steel roof tiles. Many of these products are sold through Fletcher's retail division, PlaceMakersPlaceMakers
PlaceMakers is the trading name of Fletcher Distribution Limited, the retail trading arm of Fletcher Building in New Zealand. PlaceMakers also manufactures wall frames, roof trusses and structural components at various frame and truss operations...
. Fletcher Building has operations internationally, which contributes to 47% of total revenue.
Distribution
PlaceMakersPlaceMakers
PlaceMakers is the trading name of Fletcher Distribution Limited, the retail trading arm of Fletcher Building in New Zealand. PlaceMakers also manufactures wall frames, roof trusses and structural components at various frame and truss operations...
is a leading tools and building supplies retail store chain in New Zealand.