SüdBG sells its shares in Janoschka to Blue Cap

Stuttgart/Kippenheim — The Stut­t­­gart-based invest­ment company Süd Betei­li­gun­gen GmbH (SüdBG) has signed a purchase agree­ment for the sale of its shares in Janoschka AG (Janoschka), Kippen­heim. The shares of the foun­ding family Janoschka will also change hands. Blue Cap AG, based in Munich, will become the new owner of the inter­na­tio­nally well-posi­­tio­­ned Janoschka Group. The part­ners have agreed not to disc­lose the details. 

Foun­ded in 1976 by Manfred Janoschka, Janoschka is now conside­red the market leader in the inter­na­tio­nal prepress indus­try. SüdBG joined the company in 2017 as part of a capi­tal increase to finance the inter­na­tio­nal growth of the Janoschka Group and a simul­ta­neous manage­ment buy-out and, toge­ther with the foun­ding family and the Super­vi­sory Board, supported the manage­ment in imple­men­ting the targeted
growth stra­tegy. This included auto­ma­ting produc­tion and incre­asing the level of digi­ta­liza­tion in the value chain. In addi­tion, the inter­na­tio­nal produc­tion sites in Asia — parti­cu­larly in Malay­sia, Viet­nam and the Phil­ip­pi­nes — as well as in Turkey, Poland and Mexico, were expan­ded in order to offer custo­mers world­wide compre­hen­sive tech­ni­cal exper­tise and inno­va­tions, solu­ti­ons and services for gravure and flexo­gra­phic prin­ting. During the part­ner­ship with SüdBG, Janoschka has expan­ded and exten­ded its service port­fo­lio. Janoschka now employs around 1,500 people and has a turno­ver of over 90 million euros. 

Süd Betei­li­gun­gen GmbH (SüdBG) is a wholly owned subsi­diary of Landes­bank Baden-Würt­­te­m­­berg (LBBW) and has been support­ing medium-sized compa­nies for more than 50 years with custo­mi­zed equity and equity-rela­­ted solu­ti­ons in the context of succes­sion plan­ning, growth finan­cing and share­hol­der chan­ges. As one of the leading invest­ment compa­nies in the German-spea­king region and a long-term inves­tor, SüdBG has supported more than 70 compa­nies with around 600 million euros and a broad network in sustainable corpo­rate deve­lo­p­ment over the past 10 years.
— www.suedbg.de

SüdBG deal team:
Gunter Max, Felix Rieder, Stefan Hennig, Phil­ipp Nitzschke, Sebas­tian Köhnlein

Advi­sor SüdBG:

M&A: IMAP M&A Consul­tants AG (Henning Graw, Chris­toph Gluschke, Phil­ipp Crocoll, Alex­an­der Köhler, Levin Kieselhorst)

Legal: Orrick, Herring­ton & Sutcliffe LLP (Dr. Chris­toph Bren­ner, Stefan Riedl, Maria Teodorescu)