April 15, 2026
A Wenger Plattner team led by Oliver Künzler advised SIZZLE Acquisition Corp. II (NASDAQ: "SZZLU"), a Nasdaq listed SPAC, as lead European lead counsel with respect to the acquisition via business combination of Trasteel Trading Holding SA, a European Leader in Steel Trading and Processing. Trasteel agreed to a business combination that values Trasteel at $800 million pre‑money with existing shareholders rolling 100% into the combined Pubco. The combined entity shall form a Nasdaq‑listed Pubco with ticker TSTL. Trasteel shareholders will receive $800,000,000 in Pubco ordinary shares at $10.00 per share. Closing is expected by end of 2026 subject to customary approvals. We congratulate the parties to this milestone! The further core team consisted of Markus Muehlemann, Partner, Tax, Martina Braun, Partner, IP/Commercial, Suzanne Eckert, Counsel, Corporate/M&A, Sarah Hilber, Counsel, Real Estate, Cristina Solo de Zaldívar, Counsel, Employment, Valérie Berger, Senior Associate, Corporate/M&A, André S. Berne, Senior Associate, Regulatory & Competition, Lynn Grob, Associate, Corporate/M&A, Luca M. Henn, Associate, Corporate/M&A and Nicholas Schallberger, Commercial, Junior Associate.
Stay up to date and subscribe to our Newsletter.