This acquisition agreement with Al Andalus Holding Co., based in Riyadh (Kingdom of Saudi Arabia), further strengthens Tecfire position. This agreement creates a bigger organization (newly formed Tecfire Group) even better able to serve customers and compete in the global market place, and it will provide our clients and collaborators with a better support from a new enhanced Tecfire. This partnership is also expected to result in greater efficiencies, new business opportunities and significantly increased our market share. This is a game-changing combination which will provide us with the scale, geographic reach, and capabilities to solidify our position as a leading company in the field of fire rated glass systems, and that will allow Tecfire to internationally grow and expand its business, as is the case that with the new formation of Tecfire North America in the U.S.

As with all important business decisions, we will work closely with our clients, partners and employees to make the integration process as smooth as possible. Of course, in the meantime our customers will continue to receive  the same high quality service, which they have come to expect. The principles and values that have made Tecfire what we are today will not only remain unchanged, but will also be strengthened as a way to guarantee success in the coming years.

I want to expressly thank all the people who have participated, worked and made an effort so that Tecfire is today one of the leading companies and international benchmarks in the field of glazed fire protection. Without all of them, without a doubt, the success and scope of the company that we are today would not have been achieved.

Jorge de la Rosa
CEO Group