Will Fletcher’s Gib face more competition?

Will Fletcher’s Gib face more competition?
Jarden’s Grant Swanepoel said competitors would’ve moved in a long time ago if they could. (Image: Supplied)
Jenny Ruth
It isn’t news that Fletcher Building’s Winstone Wallboards dominates the plasterboard market in New Zealand – we even call the product by the Fletcher brand, Gib.But the Commerce Commission’s report on the residential building supplies market lists a long line of other distributors – Winstone is the only manufacturer – that collectively have never had more than about 5% of the market.Elephant Plasterboard, which distributes that brand of Thai-manufactured product, has been operating in the NZ market for more...

More Infrastructure

Tale of two taxes hits cinema
Infrastructure

Dileepa Fonseka: Tale of two taxes hits cinema

Councillors would rather give millions to a Nasdaq-listed company than levy land rates.

Economic headwinds, rail charges hit Port of Tauranga
Infrastructure

Economic headwinds, rail charges hit Port of Tauranga

The biggest export port in the country has reported a drop in net profit. 

Oliver Lewis 23 Feb 2024
Water storage announcements imminent?
Primary Sector

Water storage announcements imminent?

The government appears to be embracing the economic potential of capturing more water.

Cameron Bagrie 23 Feb 2024
NZ has $287b of infrastructure to maintain but doesn't
Infrastructure

NZ has $287b of infrastructure to maintain but doesn't

Only $4 out of every $10 invested should be spent on new builds, says report.

Oliver Lewis 23 Feb 2024