BluO

bluO SICAV-SIF
legal form
founding	2008
resolution	2013
Seat	Luxembourg
management	Lothar Rafalski, ; chairman; Hans-Michael Deml; Stefan Beulertz;
Branch	Holding company

BluO is a former investment company based in Luxembourg . BluO was founded by the former Arques bosses Peter Löw and Martin Vorderwülbecke and wound up in 2013.

Corporate concept

According to its own information, as a private equity investor , BluO wanted to acquire companies that were in dire need of restructuring, preferably group subsidiaries, below their intrinsic value, then restructuring and selling them again. According to the company, the money for this came mainly from wealthy families and large industrialists.

The company originally set up an investment fund worth € 300 million, the bluO Fund I. In March 2013, Peter Löw announced that it would liquidate BluO's business and transfer the remaining investments to a new investment vehicle, Livia.

Holdings

Pitstop (workshop chain) : Was sold to PV Automotive on July 30, 2010 .
Destination trade in goods (Austria): acquired from Tengelmann (company) in 2010 ; It was sold to management in 2012.
Adler Modemärkte : acquired in 2009; Gradual sale on the stock exchange from 2011.
Goldgas: Acquired in 2012; Sale to VNG - Verbundnetz Gas in March 2013
AlzChem ; transferred to the Livia Fund in September 2013.

Web links

BluO International Restructuring. Archived from the original on May 20, 2013 ; accessed on November 23, 2016 .

Individual evidence

↑ Angela Maier: Bluo restructuring fund aims at billion deals. Financial Times Deutschland , October 30, 2008, archived from the original on December 4, 2008 ; accessed on November 23, 2016 .
↑ Reliable sources confirm the departure of the long-time COS managing director Update: Ex-COS boss Jochen Strack changes to BluO participation - 08/14/2009. BluO, accessed on November 23, 2016 (English).
↑ Björn Godenrath: Peter Löw closes the Bluo chapter. Börsen-Zeitung , March 26, 2013, accessed on November 23, 2016 (chargeable link).
↑ Beate Hofmann: Metro separates from Adler. Lebensmittel Zeitung , February 13, 2009, accessed on November 23, 2016 (chargeable link).
↑ Bluo sells Viennese supermarket chain Zielpunkt: MBO at a former Tengelmann subsidiary. (pdf, 40 kB) Börsen-Zeitung 27/2012, p. 10, February 8, 2012, archived from the original on October 18, 2012 ; accessed on November 23, 2016 .

[1] Angela Maier: Bluo restructuring fund aims at billion deals. Financial Times Deutschland , October 30, 2008, archived from the original on December 4, 2008 ; accessed on November 23, 2016 .

[2] Reliable sources confirm the departure of the long-time COS managing director Update: Ex-COS boss Jochen Strack changes to BluO participation - 08/14/2009. BluO, accessed on November 23, 2016 (English).

[3] Björn Godenrath: Peter Löw closes the Bluo chapter. Börsen-Zeitung , March 26, 2013, accessed on November 23, 2016 (chargeable link).

[4] Beate Hofmann: Metro separates from Adler. Lebensmittel Zeitung , February 13, 2009, accessed on November 23, 2016 (chargeable link).

[5] Bluo sells Viennese supermarket chain Zielpunkt: MBO at a former Tengelmann subsidiary. (pdf, 40 kB) Börsen-Zeitung 27/2012, p. 10, February 8, 2012, archived from the original on October 18, 2012 ; accessed on November 23, 2016 .