SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 24, 2018
(Exact Name of Registrant as Specified in Charter)
(State or Other Jurisdiction
Avenida Circunvalar a 100 mts de la Via 40, Barrio Las Flores, Barranquilla, Colombia
(Address of Principal Executive Offices) (Zip Code)
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):
|[ ]||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|[ ]||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|[ ]||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|[ ]||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [ ]
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|Item 8.01||Other Events.|
On September 24, 2018, Tecnoglass Inc. (the “Company”) announced a new strategic alliance with Schüco International KG, a worldwide leader of architectural systems headquartered in Germany. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
|Item 9.01.||Financial Statements and Exhibits.|
(d) Exhibits .
|99.1||Press release dated September 24, 2018|
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: September 24, 2018
|By:||/s/ Jose M. Daes|
|Name:||Jose M. Daes|
|Title:||Chief Executive Officer|
Tecnoglass and Schüco Announce a New Strategic Alliance
- Creates Shared Distribution Network Within the Americas -
- Tecnoglass to Manufacture and Sell Schüco Branded Products -
- Tecnoglass to Supply Glass and Aluminum Products to Schüco -
BARRANQUILLA, Colombia – September 24, 2018 – Tecnoglass, Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Company”) , a leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, is proud to announce a new alliance with Schüco USA LLLP (“Schüco”), a worldwide leader of architectural systems headquartered in Germany, with more than 60 years of experience and a presence in over 80 countries. Schüco is know for its expertise in the innovative design of building envelopes, windows, doors and façade systems, for the construction industry.
This new alliance will enable Tecnoglass to manufacture and sell Schüco’s architectural systems to external customers in North America and Latin America, alongside the Company’s existing ESWindows products. Additionally, Tecnoglass will extrude and paint aluminum profile designs as part of Schüco’s global supply chain primarily for products sold in the United States. This agreement will allow Tecnoglass to expand its portfolio and offer more solutions to its clients with high-end, renowned designs, while also becoming a key supplier for Schüco. Through the alliance, both companies will be empowered to combine their knowledge and expertise to strengthen their respective go-to-market capabilities.
Christian Daes, Chief Operating Officer of Tecnoglass, stated, “Schüco is a premier architectural systems company with a globally recognized brand and a long-standing reputation for excellence. This alliance is a remarkable opportunity for Tecnoglass to serve new markets and expand its offering of cutting-edge products. This is a win-win for both companies, where jointly we will be able to take advantage of Tecngolass’ state-of-the-art production facilities while sharing each other’s established distribution networks across the Americas. Schüco shares our passion for producing high-quality products, and this powerful alliance aligns with our ambitious global expansion plan.”
Tecnoglass Inc. is a leading manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries. Tecnoglass is the #1 architectural glass transformation company in Latin America and the second largest glass fabricator serving the United States. Headquartered in Barranquilla, Colombia, the Company operates out of a 2.7 million square foot vertically-integrated, state-of-the-art manufacturing complex that provides easy access to the Americas, the Caribbean, and the Pacific. Tecnoglass supplies over 900 customers in North, Central and South America, with the United States accounting for more than 70% of revenues. Tecnoglass’ tailored, high-end products are found on some of the world’s most distinctive properties, including the El Dorado Airport (Bogota), 50 United Nations Plaza (New York), Trump Plaza (Panama), Icon Bay (Miami), and Salesforce Tower (San Francisco). For more information, please visit www.tecnoglass.com or view our corporate video at https://vimeo.com/134429998 .
Santiago Giraldo, CFO