# Tenaris to acquire Artrom Steel Tubes for EUR 86 million

Tenaris S.A. has signed a definitive agreement to acquire 100% of Artrom Steel Tubes S.A. from GLGH Steel, LLC for EUR 86 million. Artrom operates a steelmaking facility in Reșița and a seamless pipe rolling facility in Slatina, Romania. Closing is expected in Q4 2026, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2026-05-08
- Where: Reșița and Slatina, Romania, Romania
- Value: $94.0M (86.0M EUR)
- Status: announced
- Capacity: steelmaking: 450,000 metric tons per year; seamless pipe rolling: 200,000 metric tons per year
- Products: seamless steel pipes, industrial pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Tenaris](https://endata.com/companies/2544.md) (acquirer)
- [Artrom Steel Tubes S.A.](https://endata.com/companies/91847.md) (target)
- [GLGH Steel, LLC](https://endata.com/companies/91848.md) (partner)

## Sources

- [stocktitan.net](https://www.stocktitan.net/sec-filings/TS/6-k-tenaris-sa-current-report-foreign-issuer-d2cd7dff8e12.html), 2026-05-08: "Tenaris expects the acquisition to broaden its industrial pipe product range and manufacturing footprint, enhancing its service to European industrial customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.