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Fletcher building products acquisition hits competition concerns

Commerce Commission sees problems with proposed purchase of six stores and a manufacturing plant.

The proposed acquisition would add to Fletcher's existing 62 Placemakers stores.

Tim Hunter Fri, 10 Jun 2022

Fletcher Building’s proposed acquisition of six building materials stores and a manufacturing plant in Hawkes Bay is in doubt after the Commerce Commission said it could be anti-competitive.

In March, Fletcher subsidiary Fletcher Distribution, owner of the Placemakers chain, applied for

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Tim Hunter Fri, 10 Jun 2022
Contact the Writer: thunter@nbr.co.nz
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Fletcher building products acquisition hits competition concerns
General Business,
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