# James Hardie to acquire AZEK for $8.75 billion

James Hardie Industries plc announced a definitive agreement to acquire The AZEK Company Inc. for a combination of cash and stock valued at $8.75 billion, including AZEK's net debt of approximately $386 million.

- Type: Acquisition
- Announced: 2025-03-23
- Where: United States
- Value: $8.75B
- Status: announced
- Products: building products, outdoor living products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [James Hardie Industries](https://endata.com/companies/24367.md) (acquirer)
- [The AZEK Company](https://endata.com/companies/32145.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/james-hardie-and-azek-combine-creating-leading-building-products-growth-platform-2025), 2025-03-23: "James Hardie will acquire AZEK for a combination of cash and James Hardie shares with a total transaction value of $8.75 billion."
- [ir.jameshardie.com](https://ir.jameshardie.com/news/news-details/2025/James-Hardie-and-AZEK-to-Combine-Creating-a-Leading-Building-Products-Growth-Platform/default.aspx), 2025-03-23: "James Hardie will acquire AZEK for a combination of cash and James Hardie shares with a total transaction value of $8.75 billion"
- [boursorama.com](https://www.boursorama.com/bourse/actualites/le-fabricant-de-fibres-ciment-james-hardie-va-acquerir-le-fabricant-de-produits-d-exterieur-azek-co-pour-8-8-milliards-de-dollars-c6f4653984d51c41aba2c324737e4a80), 2025-03-23: "Le fabricant de fibres-ciment James Hardie va acquérir le fabricant de produits d'extérieur AZEK Co pour 8,8 milliards de dollars"
- [reuters.com](https://www.reuters.com/markets/commodities/australias-james-hardie-acquire-us-based-azek-88-billion-deal-2025-03-23/), 2025-03-23: "Fibre-cement maker James Hardie Industries said it will buy U.S. artificial decking maker AZEK for $8.75 billion"
- [investopedia.com](https://www.investopedia.com/azek-stock-soars-as-james-hardie-buys-outdoor-products-maker-for-usd8-75b-11702040), 2025-03-24: "The agreement calls for AZEK shareholders to receive $26.45 per share in cash, plus 1.034 James Hardie shares, for a total compensation of $56.88 per share."
- [plasticstoday.com](https://www.plasticstoday.com/business/james-hardie-to-buy-azek-in-near-9-billion-deal), 2025-03-24: "James Hardie, an Australian supplier of high-performance fiber-cement and fiber-gypsum building products incorporated in Dublin since 2010, has entered into a definitive agreement to purchase Azek for $8.75 billion."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1159152/000119312525061443/d930385d425.htm), 2025-03-24: "James Hardie and AZEK to Combine Creating a Leading Building Products Growth Platform"
- [sec.gov](https://www.sec.gov/Archives/edgar/data/1159152/000119312525123427/d808990d425.htm), 2025-05-21: "On March 24, 2025, James Hardie and The AZEK Company entered into a definitive agreement under which James Hardie will acquire AZEK for a combination of cash and James Hardie shares with a total transaction value of $8.75 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.