Welcome to our dedicated page for Azek Co news (Ticker: AZEK), a resource for investors and traders seeking the latest updates and insights on Azek Co stock.
The AZEK Company Inc. (formerly NYSE: AZEK) generates frequent news as a designer and manufacturer of outdoor living and exterior building products that primarily replace wood on the outside of homes. Company news has focused on its TimberTech decking and railing, AZEK and Versatex trim, StruXure pergolas, and on its evolution as a plastics-based building products manufacturer within the Manufacturing sector.
Investors and observers following AZEK-related news will see coverage of corporate transactions, including the definitive agreement and completed merger under which James Hardie Industries plc acquired AZEK, resulting in AZEK becoming a wholly owned subsidiary and its common stock being delisted from the New York Stock Exchange. News also details portfolio changes such as the sale of the Commercial segment’s Scranton Products business to Sky Island Capital and earlier divestitures like Vycom.
Another major theme in AZEK news is sustainability and recycling. Releases highlight that AZEK’s products are made from up to 85% recycled material, its status as a large vertically integrated recycler of PVC in the United States, and acquisitions such as Northwest Polymers to expand recycling capabilities. News items describe the company’s FULL-CIRCLE PVC Recycling program and the Science Based Targets initiative’s validation of AZEK’s near-term greenhouse gas reduction targets.
Product and technology updates also feature prominently. AZEK has issued news about TimberTech Advanced PVC decking’s fire performance, including a controlled-environment comparison video demonstrating a Class A Flame Spread Rating for the Vintage Collection and superior resistance to ignition and flame spread compared to other decking materials. The company has launched digital resources for architects and designers focused on fire resistance, climate-adaptive design and wildfire resilience.
Historical AZEK news includes quarterly earnings releases, outlook updates and investor conference participation, which provide context on its Residential and Commercial segments, material conversion strategy and brand expansion. Although AZEK’s ticker AZEK is now delisted following the merger with James Hardie, this news archive remains a resource for understanding the company’s history, strategic priorities and product development over time.
AZEK (NYSE: AZEK), a leading manufacturer of outdoor living products, announced that its stockholders have overwhelmingly approved the proposed merger with James Hardie Industries plc. Under the agreement, AZEK stockholders will receive $26.45 in cash and 1.0340 ordinary shares of James Hardie for each AZEK share.
The transaction received strong support with 99.96% of votes cast in favor, representing 75.78% of AZEK's total outstanding shares. The merger is expected to close around July 1, 2025, subject to closing conditions.
AZEK Company (NYSE: AZEK), a manufacturer of outdoor living products, has completed the divestiture of its Scranton Products division to private equity firm Sky Island Capital. Scranton Products, established in 1978, specializes in HDPE plastic solutions for bathroom partitions and lockers in the commercial sector.
The current Vice President and General Manager, Rob Donlon, who has over 20 years of experience with Scranton Products, will maintain his leadership role during the transition. William Blair & Company served as financial advisor, while Latham & Watkins LLP acted as legal advisor for the transaction.
Summary not available.
AZEK Company (NYSE: AZEK), a leading manufacturer of outdoor living products including TimberTech® Decking and Railing, Versatex® and AZEK® Trim, and StruXure® pergolas, has scheduled its fiscal second quarter 2025 earnings release for May 6, 2025, after market close.
The company will host a conference call at 4:00 p.m. (CT) on the same day to discuss the results. Investors can access the call through pre-registration via the provided link or listen to the live webcast through AZEK's Investor Relations website. A replay will be available for approximately one week until May 13, 2025, through the company website or by dialing the provided numbers.
James Hardie (JHX) and AZEK have announced a definitive agreement to combine in a transaction valued at $8.75 billion, including AZEK's net debt of $386 million. Under the agreement, AZEK shareholders will receive $26.45 in cash and 1.0340 JHX ordinary shares for each AZEK share, representing a total value of $56.88 per share and a 26% premium.
The merger creates a leading exterior and outdoor living building products platform, uniting complementary products across siding, exterior trim, decking, railing, and pergolas. Post-transaction, JHX and AZEK shareholders will own approximately 74% and 26% of the combined company, respectively.
Key financial highlights include:
- Expected generation of at least $350 million in additional annual adjusted EBITDA from synergies
- Combined net sales of $5.9 billion and adjusted EBITDA of $1.8 billion
- Cost synergies of $125 million and commercial synergies of $500 million
- Projected annual free cash flow exceeding $1 billion once synergies are realized
The transaction is expected to close in the second half of 2025, subject to regulatory approvals and AZEK shareholder approval.
The AZEK Company (NYSE: AZEK) has acquired Northwest Polymers, a leading post-industrial and post-commercial plastic recycling company based in Molalla and Aurora, Oregon. This strategic acquisition strengthens AZEK's recycled materials sourcing and processing capabilities to support long-term growth and margin expansion goals.
The acquisition, located near AZEK's Boise manufacturing facility, will enhance the company's material supply chain in the western United States, improve cost efficiencies, and support the expansion of AZEK's FULL-CIRCLE PVC Recycling® program. As the largest vertically integrated PVC recycler in the United States, this move, combined with their recently announced advanced recycling acquisition in Indiana, positions AZEK for the next phase of their recycling journey.
AZEK reported strong Q1 FY2025 results with consolidated net sales increasing 19% year-over-year to $285.4 million. The Residential segment saw a 22% increase to $272.0 million, while net income decreased 28% to $18.1 million due to prior year's Vycom divestiture gain.
Key metrics include gross profit margin of 36.3%, Adjusted EBITDA growth of 20% to $65.9 million, and Adjusted Net Income increase of 67% to $25.1 million. The company raised its FY2025 outlook, now expecting consolidated net sales between $1.52 to $1.55 billion (5-8% growth) and Adjusted EBITDA of $403 to $418 million (6-10% growth).
The strong performance was driven by double-digit residential sell-through growth and expanded market presence across Deck, Rail & Accessories and Exteriors product categories. The company maintains a strong balance sheet with $148.1 million in cash and $372.7 million available for future borrowings.