Why Is Fletcher Building Selling Its Construction Division to VINCI for $334 Million?

middle.news 7:40am on Tuesday 20th of January, 2026 AEDT • Construction Read Story

Why Is Fletcher Building Selling Its Construction Division to VINCI for $334 Million?

7:40am on Tuesday 20th of January, 2026 AEDT Key Points Sale of Fletcher Construction Division to VINCI Construction for $315.6 million, potentially $334.1 million Includes Higgins, Brian Perry Civil, and Fletcher Construction Major Projects business units Excludes South Pacific operations and legacy projects like NZICC Fletcher Building to provision $55-65 million for legacy contract claims post-sale Read Story

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