Bull Moose Tube to Acquire Hanna Steel Corporation

The merger aims to combine Bull Moose’s manufacturing scale with Hanna Steel’s regional reach, according to executives from both firms. Hanna Steel will transition into a division of the Chesterfield-based company once the transaction clears customary closing conditions. This acquisition marks the third major expansion for Bull Moose in recent years, a move Chairman Ambar Paul describes as a central component of the company’s long-term growth strategy.

John Krupinski, CEO of Bull Moose, emphasized that the integration of Hanna’s assets and experienced teams provides a strategic fit for the company’s existing product portfolio. By absorbing Hanna’s specialized facilities and logistics fleet, Bull Moose intends to enhance its ability to execute large-scale projects and improve service flexibility. Jill Cunningham, Vice-Chair of Hanna Steel, noted that joining a larger organization allows the firm to maintain its service standards while leveraging the broader quality and production capabilities of its new parent company. Financial advisory services for the deal were provided by Brown Gibbons Lang & Company for the buyer and Jefferies LLC for the seller.