even though their cash and scrip is being used to fund it. Many investors have declared the Azek deal “value-destructive”.

When it comes to decking, you have a number of choices. Composite decking has become increasingly popular, as it has a lot to offer that traditional wood doesn’t. It’s easier to maintain ...

Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion.

Shares were trading around $62.45. The stock is down 37% over the last year. James Hardie Industries, a fiber-cement siding producer, said late Sunday that it agreed to buy Azek, a maker of composite ...

Its brands include TimberTech decking and railing, and Versatex and Azek trim. Although the U.S. construction market has been in a sustained slump since the housing crisis of 2007, Azek has ...

with AZEK stockholders owning 26%. The combined company will sell siding, exterior trim, decking, railing and pergolas, among other building goods. “The consumer journeys for siding and decking ...