Fletcher acquires New Channel Builders (NCB)

July 11, 2006

Fletcher Distribution acquires New Channel Builders (NCB)

Fletcher Distribution (which trades as PlaceMakers) has acquired a 51 per cent interest in NCB, New Zealand’s only virtual builders merchant.

Current NCB General Manager, Grant Florence, will continue to lead the business under a standard Fletcher Distribution Joint Venture Agreement.

NCB offers a range of innovative services and products to the residential and light commercial construction sectors. NCB helps builders to increase efficiency and, ultimately the profitability of their businesses.

“NCB currently fulfils an important niche in the market. This acquisition is an opportunity for Fletcher Distribution to directly support the development of an innovative business model that will contribute to the success of its building and construction customers,” said David Worley CEO at Fletcher Distribution.

“The reputation and capability of Fletcher Distribution in New Zealand coupled with access to its supply chain will help to enable future growth for NCB. We’re really excited about the partnership,” said Grant Florence, General Manager for NCB.

NCB was established by Grant Florence seven years ago and its customers range from group house building companies to specialist premium home builders. Its services include estimating jobs, online building materials ordering, direct delivery to site and planning and work load scheduling.

Auckland-based NCB has a team of business coaches who support builders in adopting new technology solutions to their business, taking a genuine interest in helping the builder improve the bottom line of their business.

ENDS

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