Pelican Energy Partners completed the acquisition of Hanna Cylinders.

Pelican Energy Partners, a private equity firm specializing in mid-sized oil, gas, and nuclear energy equipment and service companies, completed the acquisition of Hanna Cylinders, a manufacturer of precision-engineered hydraulic and pneumatic cylinders designed for high-performance industrial applications. Financial terms were not disclosed. "I am pleased to share this exciting next chapter in Hanna's history. This investment aligns with our growth strategy that will allow us to expand operations, optimize production and engineering capabilities, and continue advancing our custom cylinder technologies. We remain committed to delivering the high-quality, dependable products and technical expertise our customers have relied on for decades," Tim Barefoot, Hanna Cylinders President.