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Andina Acquisition Corp
ANDA and
privately-held Tecnoglass S.A. and C.I. Energia Solar S.A. E.S. Windows
(sister companies under common management, collectively, “Tecnoglass”)
today jointly announced the signing of a definitive agreement under
which Tecnoglass will become a subsidiary of Andina.
Headquartered in Barranquilla, Colombia, Tecnoglass is a leading
vertically-integrated manufacturer of hi-spec architectural and
industrial glass and windows, and associated aluminum products for the
global residential and commercial construction industries. Tecnoglass
sells to more than 300 customers in North, Central and South America,
and exports approximately 43% of its production to foreign countries,
with the United States accounting for approximately 30% of Company
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