Place making: Fletcher's adds an ITM six pack

ITM Napier, Placemakers beefing up its Hawkes Bay presence (Image: supplied)

Wed, 23 Mar 2022

Fletcher Building will pick up six stores and a frame and truss operation from Independent Timber Merchants (ITM), shoring up its Hawke’s Bay, East Coast and Wairarapa distribution footprint.The ITM stores are located in Napier, Hastings, Havelock North, Dannevirke, Masterton and Gisborne and the frame and truss plant is in Hastings. All trade under Tumu Merchants, a company controlled by the Hawke’s Bay O’Sullivan family.The deal, for which no price was given, will add to the Placemakers' network of 62 hardware stores, br...

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