Milestones

Fletcher Building was established in 2001 when Fletcher Challenge was dismantled and three companies were formed to focus on specific sectors. 

Fletcher Building holds the businesses at the heart of the Fletcher tradition – the manufacture and distribution of building products and construction materials, and the construction of commercial, residential and infrastructure developments.

Since 2001, Fletcher Building has consolidated its position as a leading diversified building materials company.

Significant milestones

 
 2013   29 April Unsolicited offer to buy Fletcher Building shares
  10 April Announcement of changes to Crane management
  4 April Dividend Reinvestment Plan price determined
  20 February    FBUnite, Fletcher Building's multi-year business transformation project launched
  1 January Fletcher EQR reaches the $1bn mark for value of work completed in Christchurch
 
 
2012   20 December Changes made to Dividend Reinvestment Plan
18 December Appointment of Nick Olson as CFO on retirement of Bill Roest (effective April 2013)
12 November Formica Group establishes HPL manufacturing base in India
30 October Steel Division organisational changes
11 October New executive appointments anounced
1 October Mark Adamson starts as Fletcher Building Chief Executive Officer and Managing Director
30 September Hugh Fletcher retires as Fletcher Building director
11 September Contractual negotiations for prison at Wiri completed
3 September FBL enters conditional agreement to sell Corys Electrical
8 August    Fletcher Building announce partnership with Work and Income New Zealand
2 July Sale of Crane's metals distribution businesses - Austral Wright Metals and Mico Metals
29 June Consolidation of Formica production in Spain announced
18 June Appointment of Mark Adamson as CEO on retirement of Jonathan Ling (effective 1 October 2012)
5 April Dividend Reinvestment Plan price determined
8 March Contract for Wiri Prison, South Auckland announced
24 February FB completes a Yen 10 billion long term debt placement
31 January Formica buys remaining 50 percent shareholding in Homapal
13 January FBL completes placement of debt to US investors
 
 
2011   8 December Appointment of Kate Spargo as new director effective 1 March 2012
22 November Mark Malpass appointed as chief executive of Concrete division
7 November Graham Darlow appointed as chief executive of Construction division
12 October Tim Richards appointed as chief executive of Building Products division
10 October Appointment of Cecilia Tarrant as new director
4 October   Mark Binns chief executive of the Infastructure division resigns
28 Sept Mark Adamson appointed as Chief Executive of a combined Laminates & Panels division 
28 Sept Iplex Pipelines secures A$180 million in supply contracts for the Queensland coal seam gas market 
27 Sept   Formica expands Global Footprint. New manufacturing facility to be built to meet growth in laminate demand in China
31 August Kerrin Vautier retires as a non-executive director.
19 August    Fletcher Construction is part of the consortium that has been awarded the contract for the Waterview connection tunnels and Great North Road interchange in Auckland
26 July Chris Ellis chief executive of the Building Products division resigns.
16 June ATO Class Ruling received on Crane Group Limited acquisition.
6 May Completion of the compulsory acquisition of the shares in Crane Group Limited.  FBL now holds 100 percent of the shares.
30 March David Worley appointed divisional chief executive of Crane, a new Fletcher Building Division headquarted in Sydney, Australia
21 March Fletcher Building confirms the extension of the offer period for Crane Group from 25 March 2011 to Thursday 31 March 2011
17 March Fletcher Building announces it has declared its offer for Crane Group Limited unconditional
10 March Support for Fletcher Building's offer for Crane Group shares passes 50 percent
4 March Extension to the offer period for Crane Group
4 March Fletcher Building to join S&P / ASX 200 and 300 Indices
4 March Fletcher Building pledges $5 million in support of Christchurch
25 February Fletcher Building receives final regulatory approval with NZ Commerce Commision clearance of its Recommended Offer for Crane Group
18 February Fletcher Building pleased to announce FIRB clearance for Crane takeover
18 February Two week extension to offer for Crane Group
17 February Fletcher Building pleased to announce OIO consent for Crane takeover
11 February Fletcher Building welcomes ACCC clearance of Crane Group acquisition
31 January Fletcher Building revised offer unanimously recommended by Crane Directors
 
 

 2010

  22 December Fletcher Building releases its Bidder's Statement in relation to its takeover bid for Crane Group
20 December Fletcher Building reached an out of court settlement with Cerberus relating to the Formica acquisition, without admission of liability by either party
15 December FB acquisition of Crane Group Limited shares and proposal to acquire 100 percent of Crane
15 December Fletcher Building capital notes consolidation
15 October Fletcher Construction selected to manage EQC's Canterbury earthquake project management office 

31 September

Fletcher Building Finance Limited changes name to Fletcher Building Industries Limited
31 September Sir Dryden Spring retired from the Board
6 September $1 million contribution to earthquake assistance
1 September Tony Carter appointed as Non-Executive Director
20 August Agreement to acquire all of the shares in Australian Construction Products Pty Limited (ACP)
22 April Production scaled back at the Melbourne and Sydney Insulation plants in response to cessation of government home insulation scheme 
1 April Ralph Waters appointed as new chairman on retirement of Dr Roderick Deane 
 
 
         
2009   11 November Official Centenary date
1 September Gene Tilbrook and Dr Alan Jackson appointed as Non-Executive Directors 
1 August John Beveridge appointed as new Chief Executive Distribution 
30 June Paul Baines and Geoffrey McGrath retire from the Board 
26 June Closure of Laminex MDF plant in Welshpool, Perth, WA 
5 June Laminex particleboard plant in Kumeu, Auckland closure
3 June New appointments to Board of Directors
1 April $526 million in new equity raised through institutional placement and share purchase plan
12 February Fletcher celebrates 100 years with launch of centenary website
10 February Sale of head office at Penrose
 
 
2008   9 June John Judge appointed as Non-Executive Director
1 May Stramit acquires Morinda Australia Pty Limited and the assets of All Steel Products Ltd (Garage World and Shed Boss shed businesses)
11 March Mark Adamson appointed Chief Executive of Formica
1 February Acquisition of the DVS Ltd home ventilation business
 
 
 2007      5 September Agreement to acquire 20 percent interest in Dongwha Patinna NZ Limited 
1 August Stramit acquires Fair Dinkum Homes and Sheds 
3 July Acquisition of Formica Corporation
10 May Closure of Taupo MDF plant
1 May Acquisition of Eziform Sheet Metal Pty Limited
 
 
2006   22 November Acquisition of Forman Group Limited
6 November Penrose Complex acquisition
27 October Acquisition of Maddren Timber business
26 October Reorganisation of Building Products division and the creation of a new Steel division
1 September Jonathan Ling appointed Chief Executive on retirement of Ralph Waters
1 May Acquisition of the O’Brien Group manufacturing and distribution business
 
 
2005   9 August Ralph Norris resigned as a director of the company
5 March Share placement at $7.05 raises $141 million
1 March Completion of the purchase of Amatek Holdings Limited (Amatek), including Rocla Pipeline Products, Rocla Quarry Products, Stramit, and Insluation Solutions
 
 
2004   11 November Fletcher Building announced that it had signed a conditional agreement to acquire the assets of the Kuala Lumpur-based company, Malaysian Roofing Industries Snd Berhad, a subsidiary of the Nylex Group.
29 April Pacific Wire successful in its claim of galvanised steel wire dumping imported from Malaysia causing material injury to New Zealand industry.
 
 
2003   30 September Completion of acquisition of Tasman Building Products
19 August Fletcher Building announces it has signed an agreement to purchase Tasman Building Products Pty Limited. Tasman has significant building operations in Australia and New Zealand and a small operation in USA.
26 May Geoff McGrath appointed as Non-Executive Director.
 
 
2002   13 November Completion of acquisition of the Laminex Group
18 September Fletcher Building announces agreement to purchase The Laminex Group, a major Australian building products group.
14 August Fletcher Building enters into an unconditional agreement for the sale of its Bolivian concrete businesses to Soboce SA, a Bolivian cement producer.
8 July Fletcher Aluminium sells its Australian distribution business to Capral Aluminium
1 July Fletcher Building a full listing on the Australian Stock Exchange
15 June Fletcher Building de-listed from the New York Stock Exchange
31 May Sale of the co-generation power project assets in Australia to Energy Impact Pty Limited, a subsidiary of Energex Limited.
19 February Sale of Australian construction assets to the John Holland Group
 
 
2001   28 September Sale of the rural business of the Cyclone Operations to True-Test Limited
16 July Sale of an interest in the 110 hectare Lunn Avenue quarry site in Mt Wellington to Landco Mt Wellington Limited
27 July Resolution of the Manapouri Tailrace claim with Meridian Energy
11 July Sale of some noncore assets of Fletcher Aluminium to Ullrich Aluminium Company
10 July Ralph Waters appointed to the Board of Directors
29 June Michael Andrews advised his resignation as interim Executive Director
26 May Ralph Waters appointed as the new Chief Executive
18 April Ralph Norris appointed as a Non-Executive Director
24 March The Company and the Fletcher Building Group (the Group) began trading
23 March Fletcher Building acquired the net assets of Fletcher Challenge Limited - Building Operations under a court approved scheme of arrangement and became a stand-alone publicly listed company on the NZX, ASX and NYSE.
31 January The new board for the proposed Fletcher Building company was announced: Chairman Roderick Deane, and Board Members Hugh Fletcher, Kerrin Vautier, Sir Dryden Spring, Paul Baines and Michael Andrews.
 
 
2000   19 December Fletcher Building Limited was incorporated, preparatory to acquiring the net assets of Fletcher Challenge Limited - Building Operations, a targeted share of Fletcher Challenge Limited.
 
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