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Newtech Holdings Acquires Craig Electronics and Enters Distribution Agreements for Philco and Philips
Friday 25 November 2022

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.
Date Published: 25/11/2022