Lightech develops components for managing the energy supply to lighting units in order to save energy. The company designs drivers and transformers for use in LED and halogen lighting which it manufactures in China. Lightech chairman David Schreiber and his son Zvi, who serves as CEO, founded the company in 1992.

As a family firm, its financial data emerged in the announcement of its acquisition by Carmanah a year ago: in 2010, Lightech had a net profit of $800,000 on $10.6 million revenue.