Fletcher Building Limited is one of the largest listed companies in New Zealand, with a market capitalisation of nearly NZ$4 billion. The company was split from Fletcher Challenge in 2001, formerly New Zealand's largest business, and a multinational. Together with its subsidiaries, it manufactures and distributes building and construction products in New Zealand, Australia, North America, Asia, Europe, and internationally. It operates through Building Products, Distribution, Steel, Concrete, Residential and Development, Construction, Australia, and Formica and Roof Tile Group segments. The Building Products segment manufactures, markets.