close
MENU
Hot Topic Hawke’s Bay
How to guide
How to guide
Home
The NBR List
NBR View
NBR Marketplace

Categories

General Business Investment Economics Te Ao Māori Politics Infrastructure Australia Tech & Innovation Finance Law Professional Services Primary Industries Retail Property Deals Aviation News Comings & Goings

Analysis

All Economy Matters Edwards on Politics Hunter’s Corner Last Word Margin Call On the Money Shoeshine Underarm NBR Focus

Featured

Podcasts Audio Articles Entrepreneurs Your Business Beehive Banter Morning Brew Toil & Trouble NZ Aviation News Back Issues Market Outlook Dollars & Sense Private Bin Opinion (Archive) NBR Radar (Archive) NBR Rich List (Archive)
Hot Topic Hawke’s Bay
Investment
1 mins to read
2

Fletcher sells Aussie Tradelink unit

Sale to US-based Blackfriars Corporation subsidiary for $186m comes with further impairments, write-offs and costs of about $120m.

Fletcher Building chief executive Nick Traber.

NBR Staff Mon, 12 Aug 2024

Fletcher Building has sold its Australian plumbing supplies business Tradelink for A$170 million ($186m) after putting the company up for sale in February.

The buyer is Metal Manufactures Pty Ltd, a subsidiary of US-based Blackfriars Corporation, an investment vehicle for the wealthy Colburn

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
View terms and conditions.
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
NBR Staff Mon, 12 Aug 2024
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Tags
Fletcher Building Tradelink annual result Nick Traber
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
NBR Focus
2

Building supplies: Some low-hanging fruit, but no quick fixes
Investment
1

Mediation ‘constructive’ says Fletcher after class action filed
Investment
2

Potential for Fletcher deal on land bank, sources say
Investment
1

Cement ship repairs hit Fletcher profit outlook

Fletcher appoints Capral boss as director
Investment
10

Cairns withdraws candidacy for Fletcher board
Company profile
Powered by: nzx logo
Change:
Price
Previous Close
Turnover
Movement
Volume
Avg Daily Volume
Daily High
Daily Low
52 Week High
52 Week Low
Related News
NBR Focus
2

Building supplies: Some low-hanging fruit, but no quick fixes
Investment
1

Mediation ‘constructive’ says Fletcher after class action filed
Investment
2

Potential for Fletcher deal on land bank, sources say
Investment
1

Cement ship repairs hit Fletcher profit outlook

Fletcher appoints Capral boss as director
Investment
10

Cairns withdraws candidacy for Fletcher board
Fletcher sells Aussie Tradelink unit
Investment,
105281
true
Subscribe Login