Creative Newtech has received approval for the acquisition of 100% of the equity share capital of Infinova (India), a part of the Infinova Global Group. The Board of Directors has approved the budget of up to $4.00 million for this acquisition. This budget includes the consideration payable to the Infinova Group at closing, acquisition-related transaction costs, and professional fees and expenses incurred in connection with the proposed acquisition.
The proposed acquisition includes Infinova’s business operations in India, exclusive brand rights, technical assistance, existing experienced team, product assembly and manufacturing facility. This acquisition is expected to provide Creative Newtech with a strong foundation to progressively build its own Make in India surveillance technology platform, supported by local assembly and manufacturing capability, product ownership and stronger after-sales support. The transaction also supports the company’s transition from a primarily distribution-led model to a more integrated, technology-led surveillance business platform.
The Board of Directors of the company, at its meeting held on July 13, 2026, has approved the same.
Creative Newtech is a well-established company in India’s Information and Communication Technology distribution market. Through a robust network of partners and distribution channels, the company has made a strong foothold in the IT distribution market in the country.
