Fulton Hogan to buy Stevenson's construction materials unit for undisclosed sum

Mon, 21 May 2018

By Paul McBeth May 21 (BusinessDesk) - Fulton Hogan has bought Stevenson Group's construction materials units for an undisclosed sum, adding two quarries, four concrete plants and a lab testing facility at a time when infrastructure work is tipped to keep growing over the coming five years. Christchurch-based Fulton Hogan today signed an agreement to buy Stevenson Construction Materials and Stevenson Properties (2015), adding more than 200 employees to its 7,100-strong workforce, the companies said in a joint statement. The terms of the...

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