James Hardie Industries Completes Acquisition of AZEK to Expand Market Reach and Product Offerings
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James Hardie Industries plc has completed its acquisition of The AZEK Company, enhancing its position in the exterior home and outdoor living solutions market. This cash-and-stock transaction aims to leverage synergies, boost revenue and EBITDA growth, and generate strong free cash flow. Following the acquisition, AZEK's stock has stopped trading on the NYSE. Key leadership includes Aaron Erter as CEO and Rachel Wilson as CFO.
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