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March 25, 2025

Another massive deal in the building supply sector, James Hardie offers AZEK $8.75B

  • The combined company will sell siding, exterior trim, decking, railing and pergolas, among other building goods.
    • By MICHELLE CHAPMAN
    AP Business Writer

    Australian building products company James Hardie Industries is buying the U.S. outdoor products maker AZEK in a cash-and-stock deal valued at approximately $8.75 billion, including $386 million in debt.

    It's the second major acquisition in the building supplies sector in less than a week, with QXO Inc. announcing on Thursday that it was buying Beacon Roofing Supply Inc. in a deal worth about $11 billion, including debt.


     
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