IMAP has advised members of the founding family of Janoschka AG, a global provider of integrated prepress solutions for the packaging industry, as well as the Stuttgart-based investment company SüdBG on the acquisition by Blue Cap AG. With the acquisition of Janoschka and its subsidiaries, Blue Cap is expanding its portfolio in an attractive market environment in which the company holds a strong position thanks to its close customer relationships and international footprint. Blue Cap is thereby continuing its growth strategy.

As a one-stop provider, Janoschka AG covers key parts of the packaging printing value chain, ranging from packaging development and design adaption to the production of printing tools for gravure and flexographic printing, embossing rollers, technical cylinders and steel bases. The company employs around 1,500 people and operates production facilities in 12 countries across Europe, Asia and the Americas. In 2025, the company generated revenues of approximately €90 million.

The group’s activities are divided into two segments:

• The Janoschka segment focuses on reproduction, i.e., converting designs into print-ready data, including color separation as well as process- and print-specific adjustments, and on the production of printing tools.

• The Linked2Brands segment operates as a digital production agency covering the steps related to design preparation to ensure a consistent brand appearance.

Janoschka serves packaging manufacturers in the FMCG (fast moving consumer goods) sector. Additional applications such as security printing, pharmaceuticals, anti-counterfeiting solutions and tactile surfaces for decor, tissue and textiles complement its portfolio.

Blue Cap AG, a listed investment company, acquires medium-sized B2B companies in special situations and supports their operational and strategic development with the aim of divesting them profitably at a later stage.

The IMAP team with Henning Graw, Christoph Gluschke, Philipp Crocoll, Alexander Köhler, and Levin Kieselhorst advised members of the founding family of Janoschka AG and SüdBG exclusively throughout all phases of a structured M&A process.

The closing of the transaction remains subject to customary closing conditions.