This case investigates the development and the demise of one of New Zealand’s long-established and largest contracting and building materials companies, Winstone Ltd. From its beginnings as a one-man carrying business, a partnership of two brothers working as coal merchants and carriers began trading as W. and G. Winstone in 1869. In 1984 Brierley Investments Ltd took control of the company, which, in 1988, was on-sold to Fletcher Challenge, its major competitor. The 124-year-old company of Winstone Ltd, which included a number of subsidiary companies, was subsequently assimilated into the Fletcher Challenge business.
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|Business Case Study No||UA-2007-003|
|Number of Pages||9|
|Category||Historical narrative; Teaching case|
|Setting - Country||New Zealand|
|Source||Auckland, NZ. Publisher: University of Auckland Business Case Centre. Pages: 1 - 10|