Tecnoglass and Saint-Gobain form joint venture for float glass in Colombia

Tecnoglass Inc. has entered into a joint venture agreement with Saint-Gobain through the planned purchase of a minority ownership interest in Saint-Gobain's Colombian subsidiary Vidrio Andino. The investment is approximately $45 million, and the transaction is expected to be completed in the second quarter of 2019.

“Tecnoglass Inc. of Barranquilla, Colombia, has entered into a joint venture agreement with Saint-Gobain through the planned purchase of a minority ownership interest in Saint-Gobain’s Colombian subsidiary Vidrio Andino.”usglassmag.com

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• usglassmag.comGlobal UpdateNews EditorMay 20, 2021

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