US-based consumer products provider Newtech Holdings has acquired Florida-based consumer electronics company Craig Electronics, as well as exclusive distribution agreements for Philco consumer electronics products and Philips DVD players in North America, the company said.
Terms of the transaction were not disclosed.
Newtech acquired Craig Electronics from Nova Wildcat Fund.
Craig Electronics is a consumer electronics provider, offering a complete one-stop consumer technology and electronics solution for national big box, food and drug, club, and mass retail distribution.
Industrial Blue Laser Technology Specialist Nuburu Closes Merger with SPAC
Crisp Acquires Electronic Data Interchange Platform Integral Group
HdL Companies Acquires DataMax Revenue Enhancement
Plusgrade Acquires UpStay to Expand Portfolio in Hospital Industry
Lexitas Acquires Kusar Court Reporters to Expand Growth in Western Market
Addtronics Acquires Missouri Tooling & Automation to Expand Robotic Automation Solutions
CropX Acquires Tule to Expand in Drip-Irrigated Specialty Crops Market in California
Highlander Partners Acquires Black Sage Technologies to Solidify Position in C-UAS Category
Precisely Acquires Transerve to Strengthen Data Enrichment and Analysis Capabilities