# Tecnoglass completes joint venture by purchasing minority interest in Vidrio Andino

Tecnoglass completed a joint venture agreement through the purchase of a minority interest in Vidrio Andino, a Colombia-based subsidiary of Saint-Gobain with annualized sales of approximately $100 million.

- Type: Acquisition
- Announced: 2019-08-09
- Where: Colombia
- Status: completed
- Products: architectural glass, windows, aluminum products
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (partner)
- [Tecnoglass](https://endata.com/companies/22691.md) (acquirer)
- [Vidrio Andino](https://endata.com/companies/36647.md) (target)

## Sources

- [rss.globenewswire.com](https://rss.globenewswire.com/news-release/2019/08/09/1899873/0/en/tecnoglass-reports-second-quarter-2019-results.html), 2019-08-09: "Completed joint venture agreement through purchase of minority interest in Vidrio Andino, a Colombia-based subsidiary of Saint-Gobain with annualized sales of approximately $100 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.