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James Hardie shareholders will own about 74% of the combined company, with AZEK stockholders owning 26%. The combined company will sell siding, exterior trim, decking, railing and pergolas, among ...
Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas.
The deal, which is valued at $8.75 billion, will provide a comprehensive range of product offerings for home exteriors ...
This would result in the Australian firm owning around 74 percent of AZEK, with the remaining 26 percent to be owned by minority shareholders. “The consumer journeys for siding and decking often ...
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 ...
Azek manufacturers decking made primarily of recycled materials, offering a more eco-friendly and sustainable option for homeowners. Hardie, which is based in Australia but does most of its ...
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 ...
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 ...