LitCapital Exits Its 33.3 Percent Stake in Plastic Bottle Manufacturer Putokšnis (CEE and CIS)
Source: LitCapital, Unquote | Author(s): Mikkel Stern-Peltz
Lithuania-focused growth capital firm LitCapital has sold its 33.3 percent stake in Lithuania-based plastic bottle manufacturer Putokšnis to 3 Rill, a holding company owned by Putokšnis’s chairman and majority shareholder Alvydas Stulpinas. LitCapital originally invested in the company in June 2011 through its fund LitCapital I. Financial details of the transaction were not disclosed.