Higgins and Fletcher Building
Today the owners of Higgins announced that they have signed a conditional agreement to sell the New Zealand and Fiji assets of Higgins to Fletcher Building, excluding Higgins ready-mix concrete and property assets.
The purchase by Fletcher Building offers the wider Higgins Group the opportunity to continue to deliver on our growth strategies and cement our place as a Tier One organisation in New Zealand. Higgins’ CEO David Geor will continue to lead the Higgins contracting business under the Higgins brand. Higgins’ quarry operations will become part of Fletcher Building’s aggregates and cement business GBCWinstone.
The Higgins and Fletcher Building businesses are complementary. Higgins have formed a close partnership with Fletcher Construction over more than two decades, working on many significant New Zealand infrastructure projects. We are excited by the future and the opportunities we will have to further expand our capabilities and service to the roading industry.