An undisclosed buyer acquired Specialty Pipe & Tube Business of Ascent Industries Co. (NasdaqGM:ACNT) for $55 million on December 22, 2023. Angle Advisors acted as financial advisor and Sherman & Howard L.L.C. acted as legal advisor to Ascent.

An undisclosed buyer completed the acquisition of Specialty Pipe & Tube Business of Ascent Industries Co. (NasdaqGM:ACNT) on December 22, 2023.