By Inti Landauro

 

PARIS--French construction material maker Saint-Gobain SA (SGO.FR) said Tuesday that it bought Pietta Glass Working, a Romanian housing insulation maker, as part of its strategy to develop the production of high value-added materials.

Saint-Gobain didn't say how much it paid for the company, which expects to report sales of 20 million euros ($21 million) for 2016.

 

-Write to Inti Landauro at inti.landauro@wsj.com

 

(END) Dow Jones Newswires

December 06, 2016 02:13 ET (07:13 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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