At today’s Annual General Meeting, shareholders of Blue Cap AG approved all proposals submitted by the Management Board and Supervisory Board with a large majority. A total of 64.7% of the company’s voting share capital was represented. The key highlight was the approval of a record dividend of EUR 1.60 per share, up from EUR 1.10 in the previous year. This includes a base dividend of EUR 0.65 per share and a special dividend of EUR 0.95 per share, primarily funded by the successful sale of portfolio company con-pearl during the 2025 financial year.
“The renewed record dividend reflects the strength of our business model. We are allowing our shareholders to participate directly in the value realized from the sale of con-pearl while still maintaining sufficient financial resources to actively shape Blue Cap’s next phase of growth,” said Dr. Henning von Kottwitz, CEO of Blue Cap AG.
The Management Board’s report to the Annual General Meeting reviewed an eventful 2025, highlighted by the con-pearl exit. This transaction demonstrated the successful execution of Blue Cap’s Buy-Transform-Sell strategy, generating attractive exit proceeds that strengthened the company’s balance sheet. The strong liquidity position provides flexibility for future value-enhancing acquisitions.
In early 2026, Blue Cap acquired Janoschka AG, an internationally active provider of prepress solutions for the packaging industry. This acquisition marks an important milestone in Blue Cap’s growth strategy, adding an established company with a global presence and attractive development opportunities to the investment portfolio. “The sale of con-pearl once again demonstrated how we create and realize sustainable value through active transformation. At the same time, with Janoschka we have acquired an investment that is an excellent strategic fit and offers significant value creation potential,” said Henning Eschweiler, COO of Blue Cap AG.
The combination of the con-pearl exit and the Janoschka acquisition positions Blue Cap for its next growth phase. The company maintains significant financial flexibility to pursue further acquisitions while rewarding shareholders with a record dividend. The detailed voting results and the Management Board presentation are available at www.blue-cap.de/annual-general-meeting.
Blue Cap AG is a publicly listed investment company headquartered in Munich, Germany, founded in 2006. It acquires medium-sized B2B companies in special situations, actively supports their operational development, and aims to sell them profitably. Acquired companies are headquartered in the DACH region, generate revenues between EUR 20 million and EUR 200 million, and operate sustainable core businesses. Blue Cap generally holds majority stakes in six companies across industries such as Adhesives & Coating Technology, Plastics Technology, Prepress, Life Sciences, and Business Services. The group employs around 2,000 people in Germany and other countries. More information is available at www.blue-cap.de.
