• Acquisition
  • Press release
  • New Zealand

VINCI strengthens its position in New Zealand through the acquisition of Fletcher Construction

Published on : 20/01/26
  • An annual revenue of about €630 million with a workforce of 2,300 employees
  • Strengthening VINCI Construction’s position in New Zealand
  • Strong growth in the civil engineering and infrastructure market

VINCI Construction has signed an agreement to acquire Fletcher Construction, subsidiary of the New Zealand-based Fletcher Building Group. Submitted for approval by the relevant authorities, this acquisition is expected to be finalized in 2026.

Created in 1909, Fletcher Construction employs 2,300 people in New Zealand where it generates an annual revenue of around €630 million (NZ$1.3 billion). Its main areas of expertise cover hydraulic, maritime, port, airport, railway and road works. In addition, it has a growing volume of activity in the field of renewable energies.

Alongside HEB Construction, this acquisition will enable VINCI Construction to become a major player in New Zealand’s dynamic infrastructure construction market.

It should be recalled that the VINCI Group generated revenue of over €900 million in this country in 2024.

Press release