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The AZEK Company Enters Long-term Partnership with Doman Building Materials to Expand Distribution of TimberTech® Decking in Canada

Aug 06, 2024almost 2 years ago

Contract Type

partnership

ChicagoManufacturingBuilding Material

Description

The AZEK Company Inc. (NYSE: AZEK) has announced a long-term distribution partnership with Doman Building Materials Group Ltd. (TSX: DBM) to expand the availability of its TimberTech brand of decking products to customers across Canada. This strategic partnership aligns with AZEK’s commitment to providing high-performance, environmentally sustainable decking solutions.

Company Information

Company

The AZEK Company

Location

Chicago, Illinois, United States

About

As the innovative manufacturer of beautiful, low maintenance, and environmentally sustainable outdoor living products, AZEK is deeply committed to making a lasting impact on the world by accelerating the use of recycled materials. Consistently recognized as the market leader in innovation, quality and aesthetics, products across The AZEK Company’s portfolio are made from up to approximately 90% recycled material and primarily replace wood on the outside of homes, providing a long-lasting, eco-friendly and stylish solution to consumers.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months