Trasteel, a Swiss leading firm in steel trading and processing, is pleased to announce the successful acquisition of Profilmec Group (“Profilmec”) alongside Profilmec’s longstanding minority shareholder and CEO Walter Talpo, who has reinvested his shares in the transaction. Profilmec was founded in 1961 by Mr. Giuseppe Bottanelli, who passed away in January 2022, and is

TRASTEEL SA (“TRASTEEL”) and VANOMET AG (“VANOMET”), two Switzerland based leaders in the steel industry, acquired Officine Tecnosider S.r.l. (“OTS”). OTS is a leading Italian manufacturer of hot rolled heavy plates for the construction and engineering industry. OTS is located in San Giorgio di Nogaro in the North-East of Italy and employs 110 people. OTS