MUNICH — Blue Cap AG announced today that its Annual General Meeting approved a record dividend of EUR 1.60 per share for the 2025 financial year, up from EUR 1.10 per share in the previous year. The dividend comprises a base dividend of EUR 0.65 and a special dividend of EUR 0.95, funded largely by the successful sale of portfolio company con-pearl. Shareholders representing 64.7% of voting capital approved all agenda items by a large majority.
“The renewed record dividend reflects the strength of our business model,” said Dr. Henning von Kottwitz, CEO of Blue Cap AG. “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.”
The sale of con-pearl in 2025 demonstrated the execution of Blue Cap’s Buy-Transform-Sell strategy, generating attractive exit proceeds that strengthened the company’s balance sheet. Following the exit, Blue Cap acquired Janoschka AG in early 2026, an internationally active provider of prepress solutions for the packaging industry. This acquisition marks a key milestone in the company’s growth strategy, adding a globally established business with development potential.
“The sale of con-pearl once again demonstrated how we create and realize sustainable value through active transformation,” said Henning Eschweiler, COO of Blue Cap AG. “At the same time, with Janoschka we have acquired an investment that is an excellent strategic fit and offers significant value creation potential.”
Blue Cap maintains a strong liquidity position, providing flexibility for further value-enhancing acquisitions. The company focuses on acquiring medium-sized B2B companies in special situations, typically holding 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.
The detailed voting results and Management Board presentation are available at www.blue-cap.de/annual-general-meeting.
For business leaders, the dividend approval signals Blue Cap’s ability to generate shareholder value through active portfolio management. The combination of a special dividend and a new acquisition indicates a balanced approach to capital allocation, which may serve as a model for other investment firms. The acquisition of Janoschka positions Blue Cap in the growing packaging sector, potentially driving future revenue growth.
Blue Cap AG is listed on the Open Market (Scale segment of the Frankfurt Stock Exchange and m of the Munich Stock Exchange; ISIN: DE000A0JM2M1; stock ticker: B7E). More information is available at www.blue-cap.de.

