Blue Cap portfolio company Gämmerler GmbH launches strategic reorientation process
_Focus on profitable core business, sale of non-strategic minority interests
Munich, 6 April 2021 The management of Gämmerler GmbH, a wholly owned subsidiary of Blue Cap AG, and the management of Blue Cap have decided to reorientate the company’s focus on the profitable service and spare parts business in the future.
In recent years, Gämmerler GmbH’s business performance has been dominated by consolidation pressure in the printing industry. This was further intensified in the wake of the global Covid-19 pandemic. As a result, new investments were held back and there were lockdown-related delays in the installation of equipment abroad. Due to these circumstances and the expectations for market development, Gämmerler plans to direct its focus towards the profitable service and spare parts business. This comprises spare parts and repair services, preventive inspections and general overhauls.
As part of the operational restructuring process, the minority stake of 49% in Gammerler Tech Corporation in the US was also sold to the majority shareholder.