Big News for Firth!
< Back Monday, 4 May 2009On Tuesday 3rd March Firth took possession of the masonry manufacturing assets of W Stevenson and Sons Ltd in Auckland and Whangarei. This is the largest acquisition Firth has been involved in since Fletcher Challenge bought Winstone Ltd in 1988.
"In mid February the Commerce Commission finally gave us clearance to purchase the masonry divisions of W Stevenson & Son in Whangarei and Drury," said David Peterson, General Manager Firth. "Forty-three permanent and fixed term staff from both locations, have joined our company. It has been a difficult and uncertain time for these people over the past few months and we welcome them into the Firth family."
"Acquisitions remain a key focus for Firth," added David. "Our aim is for our company to continue to position itself for the future and to grow."