Teka Tecelagem Kuehnrich S.A. Stock

Teka Tecelagem Kuehnrich SA (Teka) is a Brazil-based company active in the textile industry. The Company is engaged in the production, import and export of household textile products. Its product portfolio includes bath and beach towels, sheet sets, bathrobes, curtains and tablecloths, among others. The Company offers its products under the brand name Teka. It operates through three industrial units in Brazil, which are located in the cities of Indaial, Artur Nogueira and Itapira, as well as through subsidiaries in Argentina, Paraguay, Germany and Austria. The Company’s subsidiaries were Tecelagem Kuehnrich, Cerro Azul Participacoes e Administracao Ltda, Teka Paraguay, Teka Europalager and Salerna Holding Gmbh. On October 30, 2013, the Company announces further details on bankruptcy process; its plan for judicial recovery was approved by the Judge of the Second Civil Court of Blumenau.