Skokie, Ill. — Azek Building Products is acquiring Wes LLC, an Eagan, Minn.-based company that develops aluminum railing, porch and patio products for the residential and commercial uses and markets the UltraLox interlocking machine for assembly.
Azek, based in Skokie, manufactures Azek-brand cellular PVC decking and TimberTech-brand composite wood decks as well as trim, moulding and pavers. The company expects to close on the Wes deal before the end of 2017.
Terms weren't disclosed but some business plans were laid out by Jesse Singh, CEO of CPG International, Azek Building Products' parent company, in a Dec. 20 news release.
"While UltraLox will continue to operate as a separate company with its existing management team, we are bringing additional resources to support the growth of the company through enhanced service levels to its customers and ongoing product and market development," Singh said. "In addition, we expect to leverage the expertise of the UltraLox team in aluminum railing design and engineering to further develop the AZEK and TimberTech railing products."
The partnership will give consumers a wider selection of railing products at various price points.
"For our customers, we will be in an even stronger position to help support their growth and business. And, for our employees, this opens up a range of potential future career growth opportunities," Edward Peterson, senior vice president of sales and marketing for UltraLox, said in the release.
CPG's big competitor in composite wood decking, Trex Co. Inc. of Winchester, Va., acquired a decorative rail maker in October. Trex paid $71.5 million cash for Stadium Consolidation LLC, which is based in Brooklyn Park, Minn., to expand the reach of its composite decking products into SC's commercial markets.
Trex ranks seventh among North American pipe, profile and tubing extruders with annual sales of $479.6 million while CPG ranks 10th with estimated annual sales of $360 million, according to the latest Plastics News ranking.