Andino Global lists on Euronext Access+ Paris

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  • 1st listing on Euronext in 2024
  • 1st international listing on Euronext in 2024
  • €66 million of market capitalisation
  • Andino Global joins a pool of 50+ Spanish companies listed on Euronext markets

 

Paris – 16 January 2024. Euronext today congratulates Andino Inversiones Global (“Andino Global”), a port and airport infrastructure and logistics leader, on its listing on Euronext Access+ Paris (ticker code: MLAIG).

Andino Global is a company incorporated in Madrid in 2022 that holds a majority stake in Andino Investment Holding (AIH), a Peruvian holding company listed on the Lima Stock Exchange. With more than 2,000 employees, AIH has over 50 years’ experience in the provision of port and airport infrastructure and services, maritime services and logistics, as well as financial services and real estate associated with logistics. It operates primarily in Peru and Mexico, providing airport services at Arequipa, Ayacucho, Juliaca, Puerto Maldonado and Tacna airports, among others.

Andino Global’s listing on Euronext is part of the company’s strategy to diversify and expand to new markets in Latin America, Spain and the rest of Europe.

Andino Global’s listing on Euronext Access+ Paris was completed today, 16 January, through the technical listing procedure and the admission to trading of its 20,582,313 shares. The reference price was set at €3.21 per share, giving a market cap of around €66 million.

Carlos Vargas, Executive Director of Andino Global, said: “We are rolling out an ambitious growth plan. This much-awaited listing on Euronext Access+ Paris will deliver outstanding opportunities to raise our profile among the financial community, attract new global investors and underpin our growth strategy, particularly in Europe.”

 

andino_global_-_bell_ceremony

Caption: Carlos Vargas, Executive Director of Andino Global, and his team at the bell-ringing ceremony this morning, accompanied by Pablo Pérez-Orive, Listing Sales Manager for Euronext in Spain, to celebrate the company's listing.

CONTACTS mediamediateam@euronext.com

Aurelie Cohen (Corporate, Paris)

+33 1 70 48 24 45

       parispressoffice@euronext.com

Teresa Vicent (Grupo Albión)

     +34 91 531 23 88

tvicent@grupoalbion.net

Sofía García (Grupo Albión)

     +34 91 531 23 88

sgarcia@grupoalbion.net

         

 

About Andino Global

Andino Global is the majority shareholder of Andino Investment Holding (AIH), a leading logistics and infrastructure projects company with a wide range of services including airport handling, airport operation, port infrastructure and services, logistics, as well as financial services associated with logistics. With a majority stake in Andino Investment Holding, S.A.A. and a portfolio of 11 operating subsidiaries in Peru, the company has demonstrated a strong commitment to excellence and sustainability as it expands its presence in international markets.

 

 

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