French Vinci acquires New Zealand's Fletcher, annual revenue $124 million
2026-06-05 14:12
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en.Wedoany.com Reported - French infrastructure group VINCI has completed the acquisition of Fletcher Construction, further strengthening its position in the New Zealand infrastructure market. The deal, first announced in January this year, brings one of New Zealand's largest construction companies into the VINCI Construction group.

Fletcher Construction employs over 2,300 people and generates annual revenue of approximately $124 million. Its operations cover major infrastructure sectors such as water, ports, airports, railways, and roads, with increasing involvement in renewable energy projects.

VINCI stated that this acquisition builds on its existing operations in New Zealand, including Auckland-based HEB Construction acquired in 2015, Christchurch-based SOL acquired in 2025, and North Island-based Wharehine. The company said the acquisition strengthens its local construction business network, making VINCI a major player in the New Zealand infrastructure market.

With Fletcher Construction becoming part of the group, VINCI said its New Zealand operations will have total revenue exceeding $1.6 billion in 2025. VINCI employs approximately 294,000 people across more than 120 countries, with operations spanning construction, energy, and infrastructure sectors.

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