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Provider: Reuters Investment Profile
Provider: Reuters Investment Profile

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Fletcher Building Ltd to sell Hudson Building Supplies

Sunday, 15 Jun 2014 09:04pm EDT 

Fletcher Building Ltd:Enters into conditional agreement to sell its building materials distribution business, Hudson Building Supplies, to HTH Stores Pty Limited in a transaction valued at about NZ$20 mln.Hudson Building Supplies is an Australian trade-focused distributor of timber and building materials with a 16 store network in metropolitan New South Wales and Queensland.Hudson Building Supplies was acquired as part of Crane Group acquisition in 2011.HTH Stores Pty Limited is a subsidiary of John Danks & Sons Pty Limited, which is part of Woolworths Home Improvement Division. 

Company Quote

23 Dec 2014