James Hardie Industries Completes Acquisition of AZEK to Expand Market Reach and Product Offerings

Reuters
07-01
James Hardie Industries Completes Acquisition of AZEK to Expand Market Reach and Product Offerings

James Hardie Industries plc has announced the successful completion of its acquisition of The AZEK Company. This strategic move, disclosed by the company, positions James Hardie as a leading provider of exterior home and outdoor living solutions. The acquisition, executed in a cash-and-stock transaction, combines the world-class talent and complementary offerings of both companies, significantly expanding James Hardie's total addressable market. The integration is expected to capture commercial and cost synergies, accelerate revenue and EBITDA growth, and drive robust free cash flow generation. Following the transaction, AZEK's stock has ceased trading on the New York Stock Exchange. Key leadership roles in the combined organization include Aaron Erter as CEO, Rachel Wilson as CFO, Jon Skelly as President of AZEK Residential, and new additions such as Sam Toole as Chief Marketing Officer for AZEK brands.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. James Hardie Industries plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20250701550678) on July 01, 2025, and is solely responsible for the information contained therein.

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