Asset Manager

Updated:

Tecnoglass

José Manuel and Christian Daes founded Tecnoglass in 1984 as a small glass distribution and installation business, initially called CI Energia Solar, in...

Tecnoglass

José Manuel and Christian Daes founded Tecnoglass in 1984 as a small glass distribution and installation business, initially called CI Energia Solar, in Barranquilla, Colombia. The family-owned enterprise scaled by securing the exclusive rights to distribute Pella windows in Colombia and later acquired part of a glass manufacturing plant in 1989, integrating production and distribution under one roof over the next decade. The firm operates an integrated platform spanning glass fabrication, aluminum extrusion, and custom window and curtain-wall assembly. It targets mid- to high-rise multifamily, hospitality, and commercial construction. Direct sales and installation teams push product into Florida and the US Gulf Coast, a market that now accounts for the majority of revenue. Confirmed projects include the Porsche Design Tower in Sunny Isles Beach, Paramount Miami Worldcenter, and multiple luxury towers in Brickell, where Tecnoglass supplies floor-to-ceiling impact-resistant glass systems. The company operates in at least five countries, with manufacturing in Colombia and a 1.1-million-square-foot campus in Barranquilla that includes an aluminum plant, glass tempering lines, and a marine port terminal for shipping flat to Miami. The Colombian Free Trade Agreement eliminates US duties on most structural glass products, yielding a structural pricing moat versus domestic US competitors. Publicly listed on the NYSE under the ticker TGLS since consolidating its acquisition structure in 2013, Tecnoglass employs thousands and generates annual revenue exceeding $800 million as of its most recent filings. In May 2023, the company accelerated its US expansion by opening a new 500,000-square-foot distribution and light manufacturing hub in Dade County, Florida, aiming to shorten delivery times on high-rise projects across the Sun Belt. Tecnoglass's true structural differentiator is its hard-to-replicate Latin American manufacturing base with frictionless US go-to-market access. Unlike domestic architectural glass fabricators that rely on imported low-cost inventory or union-labor assembly plants, the Daes family controls the raw material, the energy supply, and the port-to-jobsite logistics chain — a vertically integrated stack that compresses lead times and undercuts on price while navigating Colombian, not United States, labor economics.

General information

Firm type

Asset Manager

Year founded

1984

AUM

Undisclosed

Location

Region

Latin America

Country

Colombia

City

Barranquilla

Corporate office

Barranquilla, Colombia

Additional offices

Miami, Florida, United States

Principals

José Manuel Daes

Chief Executive Officer

Christian T. Daes

Chief Operating Officer

Sector focus

Real EstateIndustrial Tech

Frequently asked questions

What is Tecnoglass's core manufacturing advantage?

Tecnoglass combines glass fabrication, aluminum extrusion, and custom assembly in one vertically integrated facility in Barranquilla, Colombia, with its own port terminal for direct shipping. The Colombia-US Free Trade Agreement eliminates import duties on its structural glass products, allowing the firm to land finished units in Florida at a cost advantage versus US domestic fabricators that import aluminum and glass billets separately (per public record, 2023 filings).

Is Tecnoglass a family office or an operating business?

Tecnoglass is a public operating company listed on the NYSE (TGLS), not a family office. The founding Daes family retains significant ownership and management control, with José Manuel Daes as CEO and Christian T. Daes as COO, continuing the direct family operational involvement that began in 1984 (per the firm, 2023).

Which US projects has Tecnoglass supplied?

Publicly disclosed projects include the Porsche Design Tower in Sunny Isles Beach, the Paramount Miami Worldcenter, and high-rise residential towers in Miami's Brickell district. The company focuses on mid- and high-rise condominiums, hotels, and commercial buildings in coastal sunbelt markets where impact-resistant glazing is required (per the firm and developer announcements, various years).

Where does Tecnoglass manufacture its products?

All primary manufacturing occurs on a single integrated 1.1-million-square-foot campus in Barranquilla, Colombia, which includes glass tempering, laminating, aluminum extrusion, and window assembly lines, along with a dedicated marine terminal for flat glass and finished unit shipping directly to Florida (per the firm, 2023).

How does Tecnoglass get product into the United States so quickly?

The company operates its own port facility in Barranquilla and ships directly to its Miami distribution hub via flat-rack and containerized cargo. In May 2023 it opened an additional 500,000-square-foot Florida facility for light assembly and distribution, further reducing lead times for Southeast US job sites (per the firm, 2023).

What types of clients does Tecnoglass serve?

The customer base is concentrated in general contractors and developers of mid- to high-rise residential, hospitality, and commercial towers. Core markets are Florida and the US Gulf Coast, with additional activity in Colombia, Panama, and the Caribbean (per the firm's investor communications, 2023).

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on family offices?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo