Andina acquires Tecnoglass and C.I. Energia Solar

Andina Acquisition Corporation jointly announced its merger with privately held Tecnoglass S.A. and C.I. Energia Solar S.A. E.S. Windows (both of which are sister companies collectively known as "Tecnoglass").

Colombia-based Tecnoglass will become a subisidiary of Andina, an asset acquisition company headquarterd in the Andean region of South America.

Tecnoglass is a vertically integrated manufacturer of architectural and industrial glass and windows, as well as aluminum products for residential and commercial construction. The company has over 300 customers in the Americas and exports nearly 43% of its products.