Reported Earlier, James Hardie To Acquire AZEK For $8.75B, Creating Exterior Building Products Leader With $350M In Synergy Upside
Benzinga Newsdesk 1 year ago
M&ANews
Combines World-Class Talent with Shared Cultures Focused on Providing Winning Solutions Across the Customer Value ChainUnites Highly Complementary Offerings of Leading Exterior Brands and Significantly Expands James
- Combines World-Class Talent with Shared Cultures Focused on Providing Winning Solutions Across the Customer Value Chain
- Unites Highly Complementary Offerings of Leading Exterior Brands and Significantly Expands James Hardie's Total Addressable Market
- Expected to Accelerate James Hardie's Revenue Growth Trajectory and Generate at Least $350 Million of Additional Annual Adjusted EBITDA from Synergies when Fully Realized
- Expected to be Accretive to James Hardie's Cash Earnings Per Share in First Full Fiscal Year After Closing
- Combined Company's Compelling Value Proposition, Increased Scale, Significant Runway for Enhanced Financial Growth and Two Major Global Listings Unlocks Potential for Valuation Uplift
- Companies to Host Investor Conference Call Today, March 24, 2025 at 9:00am Australian Eastern Daylight Time / March 23, 2025 at 6:00pm U.S. Eastern Time