Fletcher Reveals Restructuring, Combines NZ/Australian Divisions

Fletcher reveals restructuring, combines NZ/Australian divisions

Fletcher Building has forecast savings of around $15 million from an Australian divisional restructuring and a review of the company’s corporate structure...

Fletcher folds Australia division as part of strategic review

Fletcher Building Ltd (ASX:FBU) intends to disestablish its Australia division as a standalone, as part of a wider suite of structural changes brought on by an ongoing strategic review. Businesses which formerly fell under the ‘Australia’ umbrella will now be integrated into 2 new trans-Tasman divisions: light building products – in which Oliveri Australia, Iplex Australia, Laminex Australia and Fletcher Insulation will join Fletcher Buildings N…