01/10/2017

Saint-Gobain Glass France S.A.

SAINT-GOBAIN ACQUIRES PIETTA GLASS WORKING

Saint-Gobain has acquired in December 2016 the entire share capital of Romanian company Pietta Glass Working, active in glass processing and insulating glazing systems for industrial applications - such as commercial refrigeration - and  façade markets.
The Flat Glass business of Saint-Gobain is already established in Romania with a float glass plant and a coater. This acquisition will allow the Group to expand the business’ industrial footprint in order to better serve the growing façade markets and round out its positioning in industrial applications with an optimized cost base. The transaction is consistent with the Group’s strategy of expanding its range of downstream products towards high value-added solutions.