TEAK VENTURES DO BRASIL COMPLETES ACQUISITION OF SHARE IN PISANI PLASTICS 
03/12/2010

Teak‚Ä©Ventures‚Ä©do‚Ä©Brasil‚Ä©S.A.‚Ä©(TVB)‚Ä©today‚Ä©announced‚Ä©the‚Ä©acquisition‚Ä©of‚Ä©an‚Ä©8.0%‚Ä©share‚Ä©in‚Ä©
Pisani
Industria
de
Plàsticos
S.A.
(Pisani
Plastics),
and
the
appointment
of
Mr.
Marcelo

Busato‚Ä©to‚Ä©the‚Ä©Board‚Ä©of‚Ä©the‚Ä©company.‚Ä©‚Ä©

Online PR News – 12-March-2010 – – Teak‚Ä©Ventures‚Ä©do‚Ä©Brasil‚Ä©S.A.‚Ä©(TVB)‚Ä©today‚Ä©announced‚Ä©the‚Ä©acquisition‚Ä©of‚Ä©an‚Ä©8.0%‚Ä©share‚Ä©in‚Ä©
Pisani
Industria
de
Plàsticos
S.A.
(Pisani
Plastics),
and
the
appointment
of
Mr.
Marcelo

Busato‚Ä©to‚Ä©the‚Ä©Board‚Ä©of‚Ä©the‚Ä©company.‚Ä©‚Ä©
Founded‚Ä©in‚Ä©1979,‚Ä©Pisani‚Ä©Plastics‚Ä©(www.pisani.ind.br)‚Ä©is‚Ä©a‚Ä©primary‚Ä©Brazilian‚Ä©plastic‚Ä©
component‚Ä©manufacturer,‚Ä©based‚Ä©in‚Ä©Caxias‚Ä©do‚Ä©Sul,‚Ä©RS,‚Ä©and‚Ä©Pindamonhagaba,‚Ä©SP.‚Ä©Pisani‚Ä©
Plastics‚Ä©had‚Ä©2009‚Ä©annual‚Ä©sales‚Ä©of‚Ä©BRL‚Ä©103‚Ä©Million‚Ä©(USD‚Ä©60‚Ä©Million).‚Ä©‚Ä©
TVB‚Ä©(www.teakventures.com)‚Ä©is‚Ä©a‚Ä©privately‚Ä©held‚Ä©holding‚Ä©company,‚Ä©based‚Ä©in‚Ä©Curitiba,‚Ä©
PR,‚Ä©Brazil,‚Ä©with‚Ä©investments‚Ä©in‚Ä©the‚Ä©teak‚Ä©plantation,‚Ä©financial‚Ä©services,‚Ä©and‚Ä©plastic‚Ä©
product‚Ä©businesses.‚Ä©
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.‚Ä̬†