Fletcher Building sells remaining 50% stake in Fiji construction joint venture

  • Higgins sold Fletcher Construction’s remaining 50% stake in its Fiji-based construction business to joint venture partners Fijian Holdings and Fiji National Provident Fund for non-material consideration.
  • Fijian Holdings and Fiji National Provident Fund had acquired the other 50% stake in 2024, taking the business to 100% Fijian ownership.
  • Fletcher Construction Fiji was excluded from the broader Construction Division sale to VINCI Construction, alongside the rest of Fletcher Construction’s South Pacific operations.
  • Remaining South Pacific operations are still under assessment as part of a wider strategic review.


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