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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 Material

Description

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.

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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Predictive Intelligence
Strategic

ML-powered predictions for The AZEK Company's next move

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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

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