Eurocash invests in Frisco.pl

Major Polish FMCG distributor Eurocash has agreed to acquire 44 percent in e-commerce firm Frisco.pl, the companies said in a statement on Tuesday. The deal value was not disclosed. PE fund MCI Management will remain the firm’s majority shareholder. “Funds raised in this round of financing will allow us not only to continue with Frisco’s development strategy … but also open perspectives for growing the business,” said Nicolas Jedraszak, CEO of Frisco.pl.