Endurance Capital sells Elsold to Tamura Corporation

Endurance Capital acquired the company in 2012 as a division of JL Goslar Group. It relocated the division from Goslar to Ilsenberg in Saxony-Anhalt with the goal of developing it into a standalone company.

The GP has retained ownership of the former parent JL Goslar, according to its website.

Since the separation from JL Goslar, Elsold has experienced double-digit revenue and earnings growth, according to a statement.

Tamura will use Elsold as a platform for further expansion of its European operations.

Company
Founded in 2012 when it was spun out from JL Goslar, Elsold is a manufacturer of soldering products, particularly for the automotive and electronics industries. The company's clients include the European space agency as well as auto manufacturers and solar panel developers.

People
Endurance Capital – Andreas Albath (CEO).

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