Pelican Energy Partners has acquired Hanna Cylinders to bolster its investment strategy focused on specialized manufacturing for critical energy and infrastructure markets.

Information on the Target

Pelican Energy Partners ("Pelican") has announced its acquisition of Hanna Cylinders, a prominent manufacturer headquartered in Pleasant Prairie, Wisconsin. Specializing in precision-engineered hydraulic and pneumatic cylinders, Hanna caters to high-performance industrial applications. With over 100 years of industry experience, Hanna Cylinders has established itself as a trusted supplier of both custom and standard cylinder configurations, renowned for their quality and reliability under demanding conditions.

The company's extensive portfolio serves various sectors, including construction, material handling, agriculture, mining, automotive, marine, oil and gas, as well as nuclear energy. This diverse clientele highlights Hanna's commitment to engineering excellence, which is further enhanced by the strong relationships it has built with its customers over the years.

Industry Overview in the Target's Specific Country

The industrial and manufacturing sector in the United States plays a critical role in the economy, particularly in highly specialized industries such as nuclear energy and advanced manufacturing. With increasing demand for energy and i