James Hardie Acquires Azek in $8.75 Billion Deal, Boosting Building Supply Sector

James Hardie Industries has announced a significant acquisition of Azek Company Inc., a leading manufacturer of low-maintenance and environmentally friendly outdoor living products, for $8.75 billion. This deal, combining cash and stock, is set to reshape the building supply sector by merging two giants known for their siding and decking products.

The acquisition, which was made public on March 24, 2025, is expected to close in the second half of the year, subject to customary closing conditions and regulatory approvals. The merger is anticipated to enhance the companies' product offerings and market reach, potentially leading to a stronger competitive stance in the home improvement market.

Industry analysts have praised the move as a strategic step for James Hardie, a company that has been expanding its footprint in the U.S. market. The acquisition of Azek, known for its sustainable materials, aligns with growing consumer demand for eco-friendly home products.

The deal has been valued at approximately $8.8 billion, reflecting the high stakes and potential growth in the building materials sector. This acquisition marks another milestone in the consolidation of the industry, following recent trends of large-scale mergers and acquisitions.

• Azek
• Building Supply
• James Hardie

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