Bull Moose Tube Company has successfully completed its acquisition of Hanna Steel Corporation. Hanna Steel will now operate as a division of Bull Moose Tube Company.
"We are pleased to officially welcome Hanna Steel to the Bull Moose family," said John Krupinski, Chief Executive Officer of Bull Moose Tube Company. "I would like to thank everyone who helped make this transaction possible. We look forward to this next chapter together."
Jill Cunningham, Vice Chair of Hanna Steel Corporation, added, "On behalf of the Hanna family, I would like to thank our employees, customers, suppliers, and advisors for their support throughout this process. We are proud of what Hanna has accomplished, and confident Bull Moose Tube is the right long-term home for our business and our people."
Chairman of Bull Moose Tube Company, the Hon. Ambar Paul, said, "My father, The Rt. Hon. Lord Swraj Paul, built our businesses on integrity, partnership, and long-term stewardship. We are honored to welcome Hanna Steel to the Bull Moose family and look forward to continuing its proud tradition of serving customers and communities."
Brown Gibbons Lang & Company (BGL) served as exclusive financial advisor to Bull Moose Tube Company, and Spencer Fane LLP acted as legal counsel.
Jefferies LLC served as exclusive financial advisor to Hanna Steel Corporation, and Bradley Arant Boult Cummings LLP acted as legal counsel.
