Fletcher Building Asset Sale

Published: Wed 11 Jul 2001 04:17 PM
Fletcher Building Asset Sale
Auckland, 11 July 2001 - Fletcher Building Chief Executive Officer, Ralph Waters today announced the sale of some non core assets of Fletcher Aluminium to Ullrich Aluminium Company.
“These assets comprise the business of Fletcher Aluminium’s Solutions Centres, which is a distributor of rolled and other aluminium products to the engineering and boat building industries in New Zealand”, said Mr Waters.
The sale of these assets has no impact on Fletcher Aluminium’s major Window and Door business which will be retained.
The sale will be of immediate effect and for a consideration of approximately $5 million.

Next in Business, Science, and Tech

NZ EU FTA Coming Down To The Wire – Hold The Line, Says Business Forum
By: NZ International Business Forum
NZ space sector set to star in Moon mission
By: Ministry of Business Innovation and Employment
The Sky Is The Limit - Air New Zealand To Relaunch 14 International Routes In 16 Days
By: Air New Zealand
Cashing In On Carbon: The New Carbon Marketplace Helping Native Forest To Thrive
By: Carbonz
Entrust Dividend Will Be Welcomed After Another Tough Year
By: Entrust
NZ Economy: Prevailing Headwinds
By: BusinessNZ
View as: DESKTOP | MOBILE © Scoop Media