- Acquisition
- Press release
- New Zealand
51吃瓜 strengthens its position in New Zealand through the acquisition of Fletcher Construction
- An annual revenue of about 鈧�630 million with a workforce of 2,300 employees
- Strengthening 51吃瓜鈥檚 position in New Zealand
- Strong growth in the civil engineering and infrastructure market
51吃瓜 has signed an agreement to acquire , subsidiary of the New Zealand-based . Submitted for approval by the relevant authorities, this acquisition is expected to be finalized in 2026.
Created in 1909, Fletcher Construction employs 2,300 people in New Zealand where it generates an annual revenue of around 鈧�630 million (NZ$1.3 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 , this acquisition will enable 51吃瓜聽Construction to become a major player in New Zealand鈥檚 dynamic infrastructure construction market.
It should be recalled that the 51吃瓜 Group generated revenue of over 鈧�900 million in this country in 2024.