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Tue May 11 2021

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Saint-Gobain buys Romanian manufacturer

7 Dec 16 Saint-Gobain has bought Romanian company Pietta Glass Working, which is active in glass processing and insulating glazing systems for façades and some industrial applications.

Pietta Glass sales should reach €20m (£17m) in 2016 and Saint-Gobain believes there is strong potential for growth over the next few years.

Saint-Gobain’s Flat Glass business is already established in Romania with a float glass plant and a coater. The acquisition will allow the group to expand the footprint. The transaction is consistent with the group's strategy of expanding its range of downstream products towards high value-added solutions.

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