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FACUNDO CORP ANNOUNCES THE SELLING OF ITS ENTERON SUBSIDIARY

FOR IMMEDIATE RELEASE: NOVEMBER 10TH, 2016.


Facundo Corp is announcing the sale of its Enteron subsidiary. The subsidiary handles web-based solutions to industrial customers.


Enteron is being sold to an unclosed amount to the stock-holder company McKenzy Holdings LLC.

Facundo Pignanelli, Chairman and CEO of the Company made the following statement:


“Enteron was one of our earliest products in our portfolio. Since then we grow and expanded to markets that we never think of. As time passes we started to develop a new vision for our company and Enteron wasn’t fitting that vision.”


Brian Mckenzy, CEO and Chairman of McKenzy Holdings LLC expressed the following:


“Mckenzy Holdings is entering to the web market with a giant step, Enteron is a company with a lot of expertise and experience. We’re thrilled for the opportunities than come with Enteron”.


The deal is under FCC approval and it’s expected to be finalized in the second quarter of 2017.


McKenzy Holdings LLC is a stock-holding company. Mckenzy Holdings NYSE stock symbol is traded under “MCZY”.


Facundo Corp operates a large chain of retail services as well industrial services around the world. Facundo Corp NYSE stock symbol is traded under “FCORP”.


 

Click here to download this press release in Adobe Acrobat format.

For additional information please contact:

Martín Gomez

(713) 853-9757

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