Saint-Gobain to Buy Norwegian Distributor Per Strand

By FeaturesDow Jones Newswires

Compagnie de Saint-Gobain SA (SGO.FR) said Tuesday that it has agreed to buy Norwegian distributor Per Strand.

The French manufacturer said the deal would allow it to reinforce its position in one of its key geographic areas.

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The acquisition is subject to the approval of the Norwegian antitrust authority, Saint-Gobain said.

It didn't disclose the financial details of the deal.

Write to Euan Conley at euan.conley@dowjones.com

(END) Dow Jones Newswires

December 19, 2017 02:57 ET (07:57 GMT)