On December 5, North American industrial steel pipe and tube manufacturer Zekelman Industries completed its acquisition of EXLTUBE from SPS Companies, Inc. Zekelman and SPS finalized the acquisition less than a month after announcing their agreement in November.
Headquartered in North Kansas City, Mo., EXLTUBE manufactures hollow structural sections (HSS), mechanical tubing, standard pipe, and specialty products. With three Kansas City-area mills and more than 530,000 sq. ft of manufacturing and warehouse space, EXLTUBE complements and strengthens the products and manufacturing capabilities offered by the Zekelman family of companies.
“This acquisition enables Zekelman to provide improved service and an enhanced product offering to customers throughout North America,” said Barry Zekelman, executive chairman and CEO of Zekelman Industries. “The cultures of our organizations are highly complementary, and we look forward to beginning this next chapter with the talented team at EXLTUBE.”
Zekelman is the largest independent manufacturer of HSS and steel pipe in North America, as well as its top producer of electrical conduit and elbows, couplings, and nipples. In addition to EXLTUBE, Zekelman’s companies include AISC member Atlas Tube, plus Picoma, Sharon Tube, Wheatland Tube, Western Tube, and Z Modular.