Fletcher Building's sale of its construction arm is being welcomed.

It will sell to French construction firm Vinci for just over $315 million.

The Combined Building Supplies Cooperative says it will create more competition, and expects a boom for the sector.

Chief Executive Carl Taylor told Mike Hosking that global companies have worked in New Zealand before.

He says examples of that include Te Kaha Stadium and the Metro Pools in Christchurch.

LISTEN ABOVE 

Fletcher Building's sale of its construction arm is being welcomed.
It will sell to French construction firm Vinci for just over $315 million.
The Combined Building Supplies Cooperative says it will create more competition, and expects a boom for the sector.
Chief Executive Carl Taylor told Mike Hosking that global companies have worked in New Zealand before.
He says examples of that include Te Kaha Stadium and the Metro Pools in Christchurch.
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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Carl Taylor: Combined Building Supplies Co-Op CEO on Fletcher Building selling its construction arm to Vinci

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/45d47a44-12d2-4282-85fe-b3d801470d20/transcript