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TEAK VENTURES Teak Ventures do Brasil S/A Av. Silva Jardim, 2042 Conj. 805 Curitiba ‐ Parana – Brasil Brasil Parana, 80250̴ 55 41 33 |
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Teak
Ventures
do
Brasil
S.A.
(TVB)
today
announced
the
acquisition
of
an
8.0%
share
in
Pisani
Industria
de
Plàsticos
S.A.
(Pisani
Plastics),
and
the
appointment
of
Mr.
Marcelo
Busato
to
the
Board
of
the
company.
Online PR News – 12-March-2010 –Teak
Ventures
do
Brasil
S.A.
(TVB)
today
announced
the
acquisition
of
an
8.0%
share
in
Pisani
Industria
de
Plàsticos
S.A.
(Pisani
Plastics),
and
the
appointment
of
Mr.
Marcelo
Busato
to
the
Board
of
the
company.
Founded
in
1979,
Pisani
Plastics
(www.pisani.ind.br)
is
a
primary
Brazilian
plastic
component
manufacturer,
based
in
Caxias
do
Sul,
RS,
and
Pindamonhagaba,
SP.
Pisani
Plastics
had
2009
annual
sales
of
BRL
103
Million
(USD
60
Million).
TVB
(www.teakventures.com)
is
a
privately
held
holding
company,
based
in
Curitiba,
PR,
Brazil,
with
investments
in
the
teak
plantation,
financial
services,
and
plastic
product
businesses.
Mr
Busato,
the
CEO
of
TVB
commented:
"The partnership with Pisani is key to the long
term strategy of TVB, as it represents a high valued relationship in an industry where
our team has over 30 years of accumulated knowledge."
Mr
Paulo
Weber,
the
CEO
of
Pisani
commented:
"Our partnership with TVB represents
the continuity in the International approach of Pisani and strengthens the Board of our
company with the contribution of the experience of Mr Busato.”
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