Tenon Limited | |
Type: | Public company |
Traded As: | NZX TEN |
Foundation: | 2001 (split from Fletcher Challenge group) |
Defunct: | [1] |
Location City: | Auckland |
Location Country: | New Zealand |
Locations: | 15 offices |
Key People: | Tony Johnston (Chief Operating Officer) Adam White (Chief Financial Officer) Paul Gillard (General Manager Corporate) |
Area Served: | New Zealand, United States |
Industry: | Construction |
Products: | Building products |
Revenue: | NZ$740 million [2] |
Num Employees: | 1300 |
Divisions: | Manufacturing and Distribution |
Tenon Limited was a New Zealand-based publicly traded company producing timber products. It was formerly known as Fletcher Forests which was split from the Fletcher Challenge group in 2001. The company's main business comprises supplying millwork building materials to the professional trade and DIY homeowners.
Rubicon Forests Limited were the major shareholder, controlling a majority 57.37% as at early 2008.
In 2013 it reported it was on the "cusp of profitability" for the first time since the US housing market collapse.[3]
It was delisted from the New Zealand Stock Exchange on 5 July 2017[4] and put into liquidation in December 2017.[5] Liquidation of the company was completed in December 2018. Liquidators' Final Report distributed 17 March 2020. Distribution to shareholders NZ$6,213,014.[6]
The company currently operates five plants, producing a variety of wood-based products:
The company also operates six full-service millwork distribution facilities: