Tenaris to Acquire Artrom Steel Tubes S.A. seamless pipe manufacturing plant in Romania

LUXEMBOURG, May 08, 2026 (GLOBE NEWSWIRE) -- Tenaris S.A. (NYSE and Mexico: TS; EXM Italy: TEN) announced today that it has entered into a definitive agreement to acquire from GLGH Steel, LLC, a U.S.-based company, 100% of the share capital of Artrom Steel Tubes S.A., for an aggregate purchase price of EUR 86 million, on a cash-free and debt-free basis, including a normalized level of working capital.