Azek to sell Commercial segment’s Vycom business

Azek has entered into a definitive agreement to sell its Vycom business, a division of its Commercial segment, to Ohio-based Plaskolite, LLC, a global leader in the manufacturing of engineering thermoplastics. Jesse Singh, AZEK‘s CEO, said, “Since Vycom’s founding in 1983, our Vycom team members have created a thriving manufacturer of market-leading brands of innovative plastic solutions used across a variety of commercial, industrial and non-residential end markets. The complementary cultural fit of Plaskolite, combined with its commitment to cultivating long-lasting customer relationships and its reputation for providing the highest quality products in the industry, will both support a smooth transition and elevate Vycom’s business to the next level. We thank the entire Vycom team for their hard work and celebrate their commitment to continuing to deliver sustainable innovative plastic sheet solutions to their customers.” The sale of Vycom is expected to close on November 1, 2023.