Goldner Hawn Portfolio Company Remmele Engineering, Inc. Acquires EL-Tronic Precision, Inc., a Leading Contract Manufacturing Company Serving the Medical Device Industry

MINNEAPOLIS--(BUSINESS WIRE)--Goldner Hawn, a Minneapolis-based private equity firm, has sponsored a significant acquisition by its portfolio company Remmele Engineering, Inc. (Remmele). On January 18, 2008, Remmele acquired Coon Rapids, Minn.-based EL-Tronic Precision, Inc. (EL-Tronic), a provider of engineering and contract manufacturing services to the medical device industry. EL-Tronic, a family-owned company specializing in high-precision, close-tolerance machining of metal components, will be operated as a separate, wholly-owned subsidiary of New Brighton, Minn.-based Remmele. Acquired in 2007 by Goldner Hawn, Remmele is a leading designer and producer of highly engineered, precision-manufactured components and complex automated assembly systems.
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