PPU helps in sale of Tecnoglass ordinary shares

Philippi Prietocarrizosa Ferrero DU & Uría has supported Tecnoglass in an underwritten public offering by Energy Holding Corporation (selling shareholder) of a total of 2,000,000 ordinary shares of Tecnoglass at the public offering price of US$ 43.00 USD per share.

This transaction, closed on 18 May, had an approximate value of US$ 86,000,000 and involved the jurisdictions of Colombia and the USA. Graubard Millers acted as US counsel to Tecnoglass.

Tecnoglass is a leading manufacturer of architectural glass, windows and associated aluminium products serving the multifamily, single-family and commercial markets. The company is one of the largest glass manufacturers in the US and the leading architectural glass processor in Latin America.

Graubard Millers’ team was represented by partner Jeffrey M. Gallant.


Latin American Lawyer