Acquisition Completed
James Hardie Industries acquisition of The AZEK Company
US$8.8bn enterprise value
Announced 24 Mar 2025 · NYSE: AZEK · US$56.88 cash and scrip per share · 26% premium
Advisers
The AZEK Company
Target
- Financial adviser
- Legal adviser
- Target
- The AZEK Company
- Acquirer
- James Hardie Industries
- Completed
- 2 Jul 2025
- Sector
- Building materials
In the league tables
- M&A financial advisers, Calendar 2025 Goldman Sachs #2 · BofA Securities #4 · Jefferies #6
- M&A financial advisers, completed, Calendar 2025 Goldman Sachs #1 · BofA Securities #2 · Jefferies #3
- M&A legal advisers, Calendar 2025 Gilbert + Tobin #2 · Skadden, Arps, Slate, Meagher & Flom #5 · Arthur Cox #8 · Wachtell, Lipton, Rosen & Katz #8
- M&A legal advisers, completed, Calendar 2025 Gilbert + Tobin #1 · Skadden, Arps, Slate, Meagher & Flom #3 · Wachtell, Lipton, Rosen & Katz #4 · Arthur Cox #6
Similar deals
- Brookfield Capital Partners acquisition of Reliance Worldwide Corporation Sep 2026 · A$4.1bn · Building materials
- Heidelberg Materials Australia acquisition of MAAS Group Construction Materials division Feb 2026 · A$1.7bn · Building materials
- Holcim acquisition of Fermacell (James Hardie's European sustainable walling and flooring business) Aug 2026 · A$1.4bn · Building materials
- Colinton Capital Partners acquisition of Doors Plus Group Sep 2025 · A$60m · Building materials
- Heidelberg Materials Australia acquisition of Maas Group's construction materials business Aug 2026 · Building materials
Sources
- 24 Mar 2025 James Hardie and AZEK to Combine ASX
- 2 Jul 2025 James Hardie Completes Acquisition of AZEK ASX