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Glasstech Chile: Altos Andes divests stake

Alto Andes, founded by Cristobal Lira and Guillermo Aguero, has divested its 30% stake in glassmaker Glasstech Chile to other partners in this company that would have no impact in the management, acco…

Alto Andes, founded by Cristobal Lira and Guillermo Aguero, has divested its 30% stake in glassmaker Glasstech Chile to other partners in this company that would have no impact in the management, according to executive Luis Felipe Lehuede. Glasstech Chile has a production capacity of 21,000 sq.m. of glass panels and is the largest player of its kind in Chile supplying to the construction industry. Altos Andes became a partner of the company in 2005.

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