The revolutionary transatlantic alliance with American organisation will see the UK leader targeting significant growth within the UK composite decking and outdoor living market.
In a groundbreaking development in the UK outdoor living industry, Composite Prime has announced a strategic partnership with The AZEK Company, a leading American manufacturer listed on the New York Stock Exchange (NYSE: AZEK) with annual sales revenues of $1.39billion.
This collaboration is set to revolutionise the UK composite decking market by combining Composite Prime's strong market presence with the strong focus on innovative technologies and substantial resources of The AZEK Company and its brands, including AZEK, TimberTech, Ultralox and Struxures.
"The Composite Prime partnership with The AZEK Company marks a new era for outdoor living spaces in the UK," said Dom Harrison, Managing Director of Composite Prime. “Joining forces with The AZEK Company and TimberTech will enhance our product offering, providing our customers with a broader range of solutions spanning innovative and sustainable technologies delivering superior performance across a wide range of beautiful aesthetics to meet diverse consumer demand."
AZEK's commitment to sustainability is a cornerstone of this partnership. As the largest vertically-integrated recycler of PVC in the USA, this initiative aligns with both companies' dedication to Environmental, Social, and Governance principles, ensuring that products not only elevate outdoor spaces but also contribute positively to environmental stewardship. The AZEK Company aspires to use one billion lbs of waste and scrap by the end of 2026.
"AZEK/Timbertech is thrilled to join forces with Composite Prime, marking a significant step forward in our mission to lead the UK market with high-quality composite decking solutions," said Robert Di Pangrazio, Senior Vice President of Sales at The AZEK Company. "This partnership is a testament to our shared commitment to innovation and sustainability, and is poised to capture the growing demand in the UK market. Together, we are setting the stage for a greener, more durable future in outdoor living spaces."
A clear statement of intent, the collaboration elevates Composite Prime and provides direct access to a global leader in advanced polymer and composite product manufacturing. AZEK will bring its expertise in sustainable, high-quality, technology focused composite materials to Composite Prime’s product offering and the UK market with a brand new range of products featuring superior aesthetics and unmatched performance alongside its existing successful product portfolio.
Composite Prime customers will be empowered with a more diverse range of products and innovative solutions; enhancing the value proposition for our long standing customer base, further cementing the partnership's role in transforming UK outdoor spaces.
