PARKD (ASX:PKD) sets the foundation for global expansion with Fielders deal

Innovation in the construction industry just took a significant step forward as PARKD Limited (ASX:PKD) secured a five-year exclusive licence agreement with Fielders, a division of BlueScope Steel (ASX:BSL).

This strategic partnership positions PARKD’s patented Metal Deck Support Bracket (MDSB®) and Metal Deck Support System (MDSS®) as a key solution for modern construction projects in Australia and potentially across the globe.

The agreement underscores Fielders’ confidence in PARKD’s engineering prowess, with both companies now aligned to bring faster, safer, and more sustainable construction methods to market.

Highlights:

• Five-year exclusive Australian licence granted to Fielders to manufacture, market, and sell PARKD’s IP.
• International growth potential, with Fielders holding the first right to negotiate licences in the USA, New Zealand, Indonesia, Japan, India, and Canada.
• A scalable royalty-based revenue model tied to sales of the MDSB® system and Fielders’ SlimDek210® structural decking.

Revolutionising Construction Efficiency

At the core of PARKD’s value proposition is innovation through modularity.

By introducing a lightweight, prefabricated system, PARKD’s MDSB® integrates with Fielders’ SlimDek210® to allow for offsite construction and faster onsite installation.

This eliminates the need for temporary propping, reduces labour, enhances site safety, and accelerates project timelines—offering tangible benefits across a wide range of infrastructure projects.

According to PARKD Managing Director, Peter McUtchen, this innovation is designed to deliver a new level of efficiency and sustainability:

“PARKD recognised the potential its simple, yet ingenious connection system could present to the broader construction market. This small yet critical invention is the key to unlock the aspirations of the construction sector to meaningfully improve safety, productivity, costs and particularly sustainability goals of the government and private sectors.”

With sustainability becoming a major focus for both private companies and public infrastructure developments, PARKD’s solution aligns perfectly with evolving industry demands.

A Partnership Poised for Success

The partnership with Fielders brings significant commercial advantages.

As a division of BlueScope Steel, Fielders operates with an established national sales and distribution network, providing immediate market reach for PARKD’s technology.

Fielders’ National Sales, Marketing and Innovation Manager, Matt Lloyde, emphasised the value of the collaboration:

“Fielders is a responsible leader in the development and supply of sustainable steel solutions for the construction industry… We see great potential for PARKD’s IP to add value to our structural decking products, particularly for the specification and adoption of the SlimDek210® system.”

This alignment with an industry leader gives PARKD a clear pathway to commercialise its technology and maximise opportunities across Australia’s booming construction sector.

Positioned for Global Growth

The long-term potential of the partnership extends beyond Australia, with Fielders securing first rights to negotiate exclusive licences in high-growth international markets, including the United States, Japan, and India.

Looking ahead, PARKD and Fielders will finalise marketing and promotional strategies in the second half of FY25, with the first commercial projects expected to launch in FY26.

With demand increasing for cost-effective, sustainable, and modular construction methods, PARKD’s forward-thinking approach is perfectly timed to meet industry needs.

By aligning its expertise with Fielders’ established market presence, PARKD is well-positioned to make its mark not just in Australia but on the global stage.

This partnership represents a bold step toward reshaping construction methods, delivering on safety, productivity, and sustainability—proof that innovation remains at the core of PARKD’s success.

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