Bull Moose Tube Expands Operations with Acquisition of Hanna Steel Corporation

In a significant move to strengthen its manufacturing footprint in the steel industry, Bull Moose Tube Company has announced the successful acquisition of Hanna Steel Corporation. This strategic purchase, finalized on September 1, 2026, marks a critical step in Bull Moose's commitment to expanding its capabilities and services to customers across various end markets.

A New Chapter for Bull Moose and Hanna Steel

Bull Moose Tube, a prominent manufacturer specializing in steel pipe and tubing products, welcomed Hanna Steel Corporation into its fold with enthusiasm. Hanna Steel, widely recognized for its production of structural and mechanical steel tubing, operates manufacturing facilities in Alabama and Illinois. In addition to its tubing operations, Hanna Steel boasts a coil-coating facility and an in-house transportation service, Hanna Truck Line, Inc. With this acquisition, Hanna Steel will function as a dedicated division under the Bull Moose Tube Company umbrella.

John Krupinski, the CEO of Bull Moose Tube, expressed his excitement over the acquisition. He stated, "We are delighted to officially welcome Hanna Steel to our family. This transaction represents not just a business deal, but the start of a new journey together. Our combined strengths will greatly benefit our customers and partners."

Jill Cunningham, Vice Chair of Hanna Steel Corporation, echoed similar sentiments, extending gratitude to employees, customers, suppliers, and advisors who supported the acquisition process. She remarked, "Hanna Steel has accomplished much, and we believe that joining forces with Bull Moose Tube presents the best long-term prospects for our staff and clients alike."

Leadership Vision for the Future

The acquisition has been underscored by the leadership of Bull Moose Tube, including its Chairman, the Hon. Ambar Paul. He shared the values that have guided their organizations, focusing on integrity, partnership, and long-term stewardship. Paul noted how important it was to continue Hanna's proud tradition of serving their customers and communities, further embedding their values within the operational framework.

Both companies were supported in this strategic transaction by prestigious advisory firms. Brown Gibbons Lang & Company (BGL) acted as the exclusive financial advisor for Bull Moose Tube, while Jefferies LLC provided exclusive financial advisory services for Hanna Steel, with legal representation from Spencer Fane LLP and Bradley Arant Boult Cummings LLP, respectively.

The Strategic Importance of the Acquisition

For Bull Moose Tube, the acquisition of Hanna Steel Corporation is poised to significantly enhance its product offerings and service capabilities. Bull Moose Tube operates numerous manufacturing facilities throughout the United States and is known for one of the largest selections of welded steel tubing across North America. Its products are utilized in a wide array of applications, including commercial construction, fire protection, heavy equipment, and engineered products.

The integration of Hanna Steel's operations, which include specialized tubing and coil-coating services, will expand the product lineup available to customers and deepen the reach into existing and emerging markets. This move not only positions Bull Moose Tube for greater operational efficiency but also allows for a more comprehensive service model that meets the changing needs of their clientele.

As Bull Moose Tube embarks on this new chapter, the focus will be not only on leveraging the assets and capabilities of Hanna Steel, but also on fostering innovation and maintaining the highest levels of service excellence. The company remains committed to its mission of delivering outstanding products while driving value for stakeholders, ensuring that both companies thrive in a competitive landscape.

In conclusion, the successful acquisition of Hanna Steel Corporation is a pivotal milestone for Bull Moose Tube Company. It reflects a strategic approach to growth and an unwavering commitment to customer satisfaction and operational excellence. As the integration process unfolds, industry observers will keenly watch how this merger enhances Bull Moose's position in the steel manufacturing sector and contributes to its long-term success.