Industry News

AZEK Purchasing Versatex

The AZEK Co., Scranton, PA., has signed a definitive agreement to purchase Versatex Holdings, Aliquippa, PA., manufacturer of cellular PVC building products for both the new construction and renovation/remodel markets.

The AZEK Co., Scranton, PA., has signed a definitive agreement to purchase Versatex Holdings, Aliquippa, PA., manufacturer of cellular PVC building products for both the new construction and renovation/remodel markets.

Versatex’s management team will remain with the business and continue operations from its production facility in Aliquippa.

Versatex produces branded exterior trim, sheet, mouldings and other building products.

John Pace, CEO of Versatex said, “We are excited to enter into this agreement with AZEK, which is an ideal partner for us. Our companies have complementary strengths and a shared commitment to premium quality, customer service and product innovation.”

Since 2014, Versatex has been owned by Highlander Partners, L.P. is a Dallas, TX.-based private investment firm.

 

526 Media Group

Publisher of two monthly magazines for LBM dealers and distributors—The Merchant Magazine, founded in 1922 to serve the western U.S., and Building Products Digest, formed in 1982 to serve east of the Rockies.

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