Trasteel Holding S.A., a European Leader in Steel Trading and Processing, Agrees to Go Public Through a Business Combination with Sizzle Acquisition Corp. II
Sizzle Acquisition Corp. II - Unit (SZZLU)
Company Research
Source: GlobeNewswire
Luxembourg, Switzerland, April 13, 2026 (GLOBE NEWSWIRE) -- Trasteel Holding S.A. (“Trasteel”), headquartered in Lugano (Switzerland) and Luxembourg, and Sizzle Acquisition Corp. II (Nasdaq: SZZL) (“Sizzle II”), a Cayman Islands publicly traded special purpose acquisition company, today announced that they have entered into a definitive agreement, dated April 13, 2026, for a business combination (“Business Combination Agreement”) to form a new global steel trading and industrial public holding company (“Pubco”). Upon closing of the business combination, subject to approval by Trasteel and Sizzle II shareholders and satisfaction of other customary closing conditions, Trasteel and Sizzle II intend to list Pubco on the Nasdaq Stock Market LLC, under the symbol “TSTL”, with each of Trasteel and Sizzle II becoming wholly owned subsidiaries of Pubco. The closing is expected to occur by the end of 2026. Trasteel was formed in 2009 and is currently owned by Giuseppe Mannina, Fratelli Cosul
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