James Hardie Industries completed the acquisition of AZEK Company for $8.75bn.

James Hardie Industries, a global building materials company and a manufacturer of fibre cement products, completed the acquisition of AZEK Company, a manufacturer of wood decking, pergolas and outdoor living products, for $8.75bn. “I want to thank our James Hardie teammates for their focus and dedication to our customers, and to the AZEK team, I am pleased to formally welcome you to James Hardie. Together, we are a stronger team and have never been better positioned to serve our customers and create value for all our stakeholders. As a combined organization, our purpose of Building a Better Future for All™ will drive our continued success as a leading provider of exterior home and outdoor living solutions," Aaron Erter, James Hardie Chief Executive Officer.