Building materials company James Hardie Industries has agreed to buy AZEK, a maker of home decking, railing and pergolas, in a cash-and-stock deal worth $8.75 billion.
The market has given the Azek acquisition the thumbs down for now, but James Hardie management sees ...
James Hardie chief executive Aaron Erter has brushed off concerns about the timing of the company’s almost $14bn acquisition ...
GMC introduced the first all-electric version of its Sierra 1500 full-size pickup just... Under the James Hardie deal, ...
Combining James Hardie and AZEK's siding, decking and exterior-trim products makes sense not ... more than twice the size it has today, Erter said. AZEK is almost exclusively U.S.-based.
On the other hand, the Global Large Cap Low Volatility, Size, Value, and Quality portfolios ... fittings, siding, and trim. Whereas the Performance and Essential Materials segment reported a ...
Erter said that James Hardie expects "to significantly enhance the combined company's profitability and cash flow." AZEK makes TimberTech decking and railing, Versatex and AZEK Trim, and StruXure ...