Global trade buyers likely to scoop Fletcher Building’s construction division

Fletcher eyes the sale of its construction division. (Image: Getty)

Wed, 23 Jul 2025

Wed, 23 Jul 2025

Global trade buyers are expected to snap up Fletcher Building’s construction division, with one market watcher suggesting a price tag in the vicinity of $300 million. Meanwhile, another, a cornerstone shareholder, has poured cold water on the success of a low-ball offer.Fletcher Building said on Tuesday that it was exploring the sale of its construction division, which includes Higgins, Brian Perry Civil, and its major construction business. This followed a strategic review of its portfolio from 2024.“We will carefully con...

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