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//Industry & Commerce
tecnoglass inc barranquilla colombia glass, window, jose daes plate mover
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Tecnoglass Enters into New $109.5 Million Senior Secured Credit Facility With LatAm Bank Syndicate

Barranquilla, Colombia–(Business Wire)– Tecnoglass, Inc. (NASDAQ:TGLS BVC:TGLSC), the Barranquilla, Colombia based manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, today...
Posted On January 11, 2016
, By Loren Moss
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Tecnoglass To List On Colombia’s BVC In Addition To Its Existing US-Based NASDAQ Offering

Tecnoglass, Inc. (NASDAQ: TGLS), the $200 Million+ USD Barranquilla based manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, has announced that effective January 6, 2016, the company’s...
Posted On December 29, 2015
, By Loren Moss
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Medellin’s Éxito Purchases Grupo Pão de Açúcar in Brasil, Libertad in Argentina; Now Largest Retailer In South America

Last week, Medellin based Grupo Éxito has entered into a share purchase agreement with Casino regarding the acquisitions in cash of a 50% stake in the holding company of 99.9% the ordinary voting shares of Grupo Pão de Açúcar, representing 18,8% of the total capital, along with...
Posted On August 30, 2015
, By Loren Moss
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Why Colombia Is Home To Latin America’s Most Important Motorcycle Industry Event

In some countries, motorcycles are a luxury and a pastime. However in other countries, such as Colombia, they are basic transportation for millions. Cold or hot, rain or shine, motorcycles are on the road in Colombia 24 hours, 7 days a week, 365 days a year. Latin America’s most...
Posted On July 23, 2015
, By Loren Moss
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Barranquilla’s Technoglass Files For Warrant Exchange Tender

Barranquilla based Technoglass (NASDAQ: TGLS) has filed with the SEC a form S-4 proposing to exchange outstanding warrants for ordinary shares. Under the offer, each warrant holder will be able to receive one share in exchange for every 2.6 outstanding warrants. Upon approval,...
Posted On July 19, 2015
, By Loren Moss
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Medellin’s Hipercept Named Americas Channel Partner For Taliance

Hipercept, a global provider of strategy, technology and operations services to the alternative assets industry, has announced that it has been selected by Taliance to serve as its channel partner for North and South America. Taliance’s real estate software solution suite,...
Posted On June 28, 2015
, By Loren Moss
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Colombia’s Intecplas, SAS Acquired by US Based ACON, LLC, Rolled Up With Peru’s Pieriplast, SAC

ACON Investments, LLC. and its affiliates announced last week that it has acquired Intecplast SAS, a leading Colombian rigid plastic packaging manufacturer focused on personal care, cosmetics and pharmaceuticals, and Pieriplast SAC, a Peruvian supplier of luxury customized...
Posted On June 15, 2015
, By Loren Moss
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Cencosud Reports Fourth Quarter Profits Up 7%, Net Income Down 35.7%

Cencosud S.A. (BCS: CENCOSUD; NYSE: CNCO), the Chile-based  retailer with presence in five countries, including Colombia, announced Friday its consolidated financial results for the fourth quarter and year-end of 2014. All figures are in Chilean pesos (CLP), except where...
Posted On March 28, 2015
, By Loren Moss
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FedEx Study: Colombian Consumers Prefer Small Retailers, While Catalogs Drive Online Shopping

A new study commissioned by FedEx and conducted by Forrester Consulting reveals that online shopping has largely taken hold in Colombia, and other Latin American markets. Worldwide, online shopping has exceeded $1 trillion (USD) per year, and is forecast to double again in four...
Posted On February 9, 2015
, By Loren Moss
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Cencosud Announces Growth Plans For Next 3 Years

Cencosud (NYSE: CNCO), the South American retailer operating the “Jumbo”supermarkets in Colombia and other South American countries, as well as home improvement stores, shopping centers and department stores in Chile, Argentina, Brazil, Peru and Colombia, announced its guidance...
Posted On February 2, 2015
, By Loren Moss
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