EQS-Adhoc: Blue Cap AG sells subsidiary Nokra to Vishal Precision Group | 30.09.24

Munich, September 30, 2024 – Blue Cap AG (“Blue cap“) today entered into an agreement on the sale of its 90% stake in nokra Optische Prüftechnik und Automation GmbH (“nokra“). The buyer is Vishay Precision Group (“VPG“).

The total proceeds (before taxes) are in the single-digit million range and more than 1 million euros above the valuation of the intrinsic value as of June 30, 2024. The sale of the company corresponds to an annual return on the invested capital (internal interest rate). return) of approximately 21% and a multiple on invested capital of approximately 6x.

nokra, part of Blue Cap since 2014, produces highly accurate, laser-optical measuring systems for the automatic inline inspection of geometric dimensions. Typical areas of application include the flatness measurement of sheet metal and panels, the thickness measurement of strip material, the curvature of windshields and 3D dimensions of hot-forged parts.

Due to the small size of nokra, no adjustment will be made to the forecast for the full year 2024 as a result of the transaction. The Board of Directors continues to expect a consolidated turnover of between 270 and 290 million euros for the entire year 2024 and an adjusted result.⁽¹⁾ EBITDA margin of 8.5-9.5%.

¹⁾ Adjustments: Adjusted for extraordinary, out-of-period and other effects of reorganization measures and one-off effects

About Blue Cap AG

Blue Cap AG is a Munich-based investment company, founded in 2006 and listed on the capital market. In special situations, the company takes over medium-sized companies from the B2B sector and supports them in their entrepreneurial development with the aim of selling them profitably later. The acquired companies have their headquarters in the DACH region, generate a turnover of between 20 and 200 million euros and have a sustainably stable core activity. Blue Cap has majority interests in eight companies from the Adhesives & Coating Technology, Plastics Technology, Production Technology, Life Sciences and Business Services sectors. The Group currently employs approximately 1,200 people in Germany and other European countries. Blue Cap AG is listed on the open market (Scale, Frankfurt and m:access, Munich; ISIN: DE000A0JM2M1; ticker symbol: B7E). www.blue-cap.de

Contact:

Blue Cap AG
Annika Kuppers
Business affairs
Phone +49 89 288909-24
[email protected]