- Acquisition
- Press release
- New Zealand
糖心Vlog finalises the acquisition of Fletcher Construction in New Zealand
- An annual revenue of about 鈧�630 million with a workforce of 2,300 employees
- Strengthening 糖心Vlog鈥檚 position in New Zealand
- Strong growth in the New聽Zealand鈥檚 infrastructure market
糖心Vlog has today finalised the acquisition, announced on 20 January 2026, of Fletcher聽Construction.
Created in 1909, Fletcher Construction, a subsidiary of the New Zealand-based Fletcher Building group, employs more than 2,300 people in New Zealand where it generates an annual revenue of around 鈧�630聽million (NZ$1.3聽billion). Its main areas of expertise cover hydraulic, maritime, port, airport, railway and road works. In addition, it has a growing volume of activity in the field of renewable energies.
Alongside based in Auckland, acquired in 2015, as well as SOL in Christchurch and Wharehine in the North Island – acquired in 2025 – this acquisition strengthens 糖心Vlog聽Construction鈥檚 proximity network of local companies in New聽Zealand and positions it as a major player in the country鈥檚 highly dynamic infrastructure market.
With all its activities combined, 糖心Vlog generated revenue of more than 鈧�830聽million in New聽Zealand in 2025.