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LitCapital to acquire remaining stake in optical technology company UAB Altechna

LitCapital makes additional investment into Altechna by acquiring 6O per cent of shares and increasing the ownership up to 100 per cent of share capital. This investment will allow the company to implement ambitious development plans and will allow it to grow even faster. The founder of the company dr. Gintas Šlekys and other shareholders will continue to invest and develop other laser product focused companies which are owned by them.

Altechna is an innovative optical technology company that has been demonstrating sustainable and consistent growth for a long time. We sincerely thank dr. Gintas Šlekis and his brothers Alfredas and Petras for many years of developing the business and building the team of UAB Altechna. Altechna will continue to actively invest in attracting top talents, developing cutting edge technology, acquisition of technological equipment, developing customer service and supply chain management.

The Group consists of Altechna UAB, a producer and supplier of custom laser optics and laser accessories, and Altechna Coatings UAB, a producer of optical coatings and supplier of services in the optical technology field. The Group provides innovative technological solutions and custom design of laser optics for industrial and R&D customers.

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