Thomás de Carranza Abogados advises Andino Global on its IPO
Andino Inversiones Global has achieved a significant milestone by gaining admission to the Paris stock market, Euronext Access+, following a meticulous process guided by legal counsel from the Spanish law firm Thomás de Carranza Abogados.
Andino Global, majority shareholder of the Peruvian logistics group Andino Investment Holding, has made its debut on the Paris stock exchange with a capitalisation of 66 million euros. Presently, Andino Global holds over 70% of the circulating shares of the Peruvian multinational, which operates extensively across Ibero-America, primarily in Peru, Mexico, and Colombia.
Founded in Peru with over 50 years of experience, the company is listed on the Lima Stock Exchange and has a workforce exceeding 2,000 employees. It specializes in airport services, maritime and port services, logistics, financial, and logistical real estate infrastructure.
The coordination of the IPO process was led by Armanext, the first Spanish “listing sponsor” authorized by Euronext. Legal guidance from Thomás de Carranza Abogados was spearheaded by partners Santiago Thomás de Carranza, Cristina Simón, who will assume the roles of Secretary and Deputy Secretary of the Board of Directors of Andino Global, respectively. The team also included Iñigo Sánchez del Campo and Cristina Oriol Ruiz Gallardón.