U.S.-based Bull Moose Tube Company has reached a definitive agreement to acquire Hanna Steel Corporation, a producer of structural and mechanical steel tubing.
The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions. Following completion of the deal, Hanna Steel will operate as a division of Bull Moose.
Bull Moose said the acquisition will expand its manufacturing capabilities and product offering while strengthening its position in the North American steel tubing market.
Founded in 1962, Bull Moose Tube is part of the Caparo Group and operates seven manufacturing facilities across the United States. The company produces a wide range of welded steel tubing products serving commercial construction, infrastructure, fire protection, transportation, heavy equipment and other industrial applications.