Aurelius-backed European Imaging Group completed the acquisition of a majority stake in Cyfrowe.pl.

Aurelius-backed European Imaging Group, a company of photographers and filmmakers, completed the acquisition of a majority stake in Cyfrowe.pl, an e commerce store that offers photographic and filming equipment. "We are very excited about this acquisition. Cyfrowe is the strongly growing No 1 player in Poland – a market that is new to European Imaging Group and that will be a great base for us to enter the Eastern European market. Also Cyfrowe will further benefit from best practices sharing among the entire EIG. We are particularly happy that Jaroslaw Banacki will stay on board as CEO of Cyfrowe to drive the company’s future development,” Richard Glatzel, European Imaging Group CEO.