Fletcher Building completes the sale of Tradelink

Fletcher Building Limited, Private Bag 92114, Auckland 1142, 810 Great South Road, Penrose, Auckland 1061, New Zealand



Fletcher Building completes the sale of Tradelink
Auckland, 30 September 2024: Fletcher Building Limited announced today that it has
completed the sale of Tradelink, its Australian plumbing supplies and distribution
business, to Metal Manufactures Pty Limited.

As previously disclosed, the sale price of A$170 million comprises a cash payment of
A$160 million paid on settlement, with the remaining A$10 million cash payment based
on achieving separation milestones. Separation is expected to take up to two years and
be completed by September 2026.
ENDS

Authorised by:
Haydn Wong
Company Secretary

For further information please contact:

MEDIA
Christian May
General Manager – Corporate Affairs
+64 21 305 398
Christian.May@fbu.com
INVESTORS AND ANALYSTS
Aleida White
Head of Investor Relations
+64 21 155 8837
Aleida.White@fbu.com