Blue Cap AG Sells con-pearl to Inteplast Group Corporation

Munich, August 13, 2025 – Blue Cap AG, a German investment company specializing in medium-sized manufacturing companies, has announced the sale of its 100% stake in con-pearl GmbH to Inteplast Group Corporation, a strategic investor based in Livingston, New Jersey, USA. The transaction is expected to close in the third quarter of 2025.

The sale price is in the high double-digit million range, exceeding the last net asset value (NAV) valuation by more than 10% as of December 31, 2024. This valuation reflects a significant premium over the NAV, highlighting the strategic importance and growth potential of con-pearl under Blue Cap’s ownership.

During its tenure with Blue Cap, con-pearl experienced notable earnings growth, contributing to the overall success of the Blue Cap Group. The sale is expected to yield a substantial internal rate of return (IRR) of over 60% annually, representing a multiple of approximately 15x the capital employed.

As a result of this transaction, Blue Cap AG has adjusted its forecast for the fiscal year 2025 to reflect the impact of the sale on its continuing operations. The company remains focused on its core strategy of investing in and supporting medium-sized manufacturing enterprises in Germany.

Blue Cap AG is listed on the Xetra exchange, with a market capitalization of €79,860,000 as of August 11, 2025. The company’s stock closed at €17.4 on the same day, with a 52-week high of €19.1 and a low of €15.3. The price-to-earnings ratio stands at 186.598, indicating the market’s valuation of the company’s earnings potential.

This strategic divestiture aligns with Blue Cap AG’s ongoing efforts to optimize its portfolio and enhance shareholder value. The company continues to operate in the capital markets sector, focusing on its mission to support and grow medium-sized manufacturing companies in Germany.