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The AZEK Company secures stockholder approval for a $5 billion merger with James Hardie Industries.
Jun 27, 2025•12 months ago
Contract Type
partnership
ChicagoManufacturingBuilding MaterialDescription
The AZEK Company's stockholders have approved the merger with James Hardie Industries with 99.96% support. Each AZEK share will yield $26.45 in cash and 1.0340 shares of James Hardie upon completion of the transaction.
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Agreement Insights
Based on industry dataStrategic 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