Hannes Snellman is regarded as one of the premier law firms in the Nordic region, representing bidders and target boards as well as large shareholders in takeover situations. Public M&A transactions are generally of strategic importance, often involving complex corporate and disclosure issues; our lawyers have considerable experience working as international lead counsel and handling complex cross-border transactions. Also, our emphasis on teamwork makes it easier to draw on our specialists in other disciplines of law for the benefit of the Firm’s clients.
References
Transaction
Counsel to YIT Oyj in relation to its EUR 33.5 million directed share issue, its issue of EUR 36 million convertible notes and certain amendments to its EUR 300 million revolving credit facility agreement with Nordea, Danske Bank, LähiTapiola, OP Corporate Bank, SEB, and Swedbank and its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.
Role
Counsel to YIT Oyj
Parties:
Nordea Bank Abp (JV shareholder), OP Osuuskunta (JV shareholder), Siirto Brand Oy (JV)
Transaction:
Expansion of the operations of Nordea Bank and OP’s 50/50 owned joint venture company, Siirto Brand Oy
Deal Value:
Value not public
Role:
Joint counsel to all parties
Parties:
Otava Ltd, Alma Media Corporation
Transaction:
Otava Ltd's mandatory public tender offer for Alma Media Corporation
Deal value:
EUR 523.7 million
Role:
Counsel to Otava Ltd
Parties:
Terveystalo Plc
Transaction:
Counsel to Terveystalo Plc, a healthcare service provider listed on Nasdaq Helsinki, in the issue and listing of senior unsecured sustainability-linked notes.
Value:
EUR 100 million
Role:
Counsel to Terveystalo Plc
Parties:
Uponor Corporation (target), Georg Fischer Ltd (buyer)
Transaction:
Counsel to Uponor Corporation in the recommended public cash tender offer by Georg Fischer Ltd to purchase all of the issued and outstanding shares of Uponor Corporation.
Value:
EUR 2.1 billion
Role:
Counsel to Uponor Corporation
Parties:
Sega Europe Limited and SEGA Corporation (Buyers) Rovio Entertainment Corporation (Target)
Transaction:
Counsel to Sega Europe Limited and SEGA Corporation in the recommended public cash tender offer for all shares and options in Rovio Entertainment Corporation.
Deal value:
Approximately EUR 706 million
Role:
Counsel to Sega Europe Limited and SEGA Corporation
Parties:
Methode Electronics, Inc., Nordic Lights Group Corporation
Transaction:
Methode Electronics, Inc.'s recommended public cash tender offer for all shares in Nordic Lights Group Corporation
Deal Value:
EUR 132 million
Role:
Counsel to Methode Electronics, Inc.
Parties
Citycon Oyj
Transaction
Counsel to Citycon Oyj in its tender offers of outstanding notes due 2024 of Citycon Treasury B.V. and capital securities issued by it in November 2019 and June 2021.
Deal value
Over EUR 40 million
Role
Counsel to Citycon Oyj
Parties
A consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital (buyer), Caverion Oyj (Target)
Transaction
Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital in the recommended public cash tender offer for all shares in Caverion Oyj.
Deal value
EUR 955 million
Role
Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital
Parties:
Cargotec Corporation, Konecranes Plc
Transaction:
The announced, but subsequently abandoned, merger of Cargotec and Konecranes in 2021-2022
Deal value:
Approx. EUR 2.7 billion
Role:
Counsel to Konecranes Plc
Parties
The German State (Buyer), Fortum Oyj (Seller), Uniper SE (Target)
Transaction
Fortum Oyj’s arrangements related to stabilisation of its German subsidiary Uniper SE. The package will ensure multi-billion funding for Uniper, sale of Fortum’s shareholding in Uniper to the German State for approximately EUR 0.5 billion as well as repayment of Fortum’s EUR 4 billion receivables from Uniper and release of EUR 4 billion parent company guarantees.
Deal value
Approx. EUR 4.5 billion
Role
Finnish counsel to Fortum Oyj
Parties:
Applied Materials Inc. (buyer), Picosun Oy (target)
Transaction:
The acquisition of Picosun Oy, an innovator in atomic layer deposition (ALD) technology, primarily for specialty semiconductors.
Deal Value:
Value not public
Role:
Finnish counsel to Applied Materials Inc.
Parties
Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, other sellers (Sellers), Stena Recycling Oy (Buyer), Encore Ympäristöpalvelut Oy (Target)
Transaction
Sale of Encore Ympäristöpalvelut Oy to Stena Recycling Oy
Deal Value
Value not public
Role
Counsel to Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, and other sellers
Parties:
Equip Capital, Vendis Capital, Mountain Village
Transaction:
Equip Capital's and Vendis Capital's investment for the of majority of shares in Mountain Village, a leading European producer and group of disc golf brands to create the House of Discs
Deal Value:
Value not public
Role:
Counsel to Equip Capital and Vendis Capital
Parties
SARC Architects Oy (seller), CapMan Buyout (buyer)
Deal
CapMan Buyout’s investment in award-winning Finnish architectural firm SARC Architects
Deal Value
Value not public
Role
Counsel to SARC Architects Oy
Counsel to Finnish Customs in the public procurement of bitcoin brokerage services. The assignment is related to the Finnish Government’s decision to sell the Bitcoins and other cryptocurrencies seized by Finnish Customs and allocate a significant share of the additional revenue to support Ukraine in the current war.
Parties
Digital 9 Infrastructure plc (Buyer), Pontos Oy, Taaleri Datacenter Ky, other sellers (Sellers), Ficolo Oy (Target)
Transaction
Sale of Ficolo Oy to Digital 9 Infrastructure plc
Deal Value
EUR 135 million
Role
Counsel to Pontos Oy, Taaleri Datacenter Ky, and other sellers
Parties
Basware Corporation (target), a consortium consisting of Accel-KKR, Long Path Partners, and Briarwood Chase Management (buyer)
Transaction
Counsel to the offeror consortium of Accel-KKR, Long Path Partners, and Briarwood Chase Management in the tender offer for all outstanding securities in Basware Corporation.
Deal Value
EUR 620 million
Role
Counsel to the consortium
Parties
Paulig Group (seller), Valio (buyer), Gold&Green brand, intellectual property and R&D function (target)
Transaction
The divestment of Paulig’s Gold&Green brand, intellectual property and R&D function to Valio
Deal Value
Value not public
Role
Counsel to Paulig Group
Parties
Mecenat AB (Buyer), shareholders of Oy Frank Students Ab (Sellers), Oy Frank Students Ab (Target)
Transaction
Counsel to Mecenat, a portfolio company of IK Partners, in its add-on acquisition of Oy Frank Students Ab, a company known for its leading student identification and discount app Frank
Deal Value
Value not public
Role
Mecenat AB and IK Partners
Parties
IK Partners (Buyer), Intera Fund II Ky, Intera Fund III Ky, management and other minority shareholders (Sellers), Renta Group Oy (Target)
Transaction
Intera Partners’ sale of Renta Group Oy to IK Partners
Deal Value
Value not public
Role
Counsel to Intera Partners
Parties
Angel Pond Holdings Corporation, MariaDB Corporation Ab
Transaction
Combination of Angel Pond Holdings Corporation and MariaDB Corporation Ab by way of a domestication merger and cross-border merger, and related transactions
Deal Value
USD 672 million (implied enterprise value of the combined company)
Role
Finnish counsel to Angel Pond Holdings Corporation
Parties
Smartly.io (Buyer), Ad-Lib.io (Target) and various sellers
Transaction
Acquisition of Ad-Lib.io, the next-generation creative optimization platform, by Smartly.io, the leading social advertising SaaS platform for creative and performance marketers.
Deal Value
Value not public
Role
Finnish counsel to Smartly.io
Parties
Tencent (Investor), Vitruvian Partners (Co-Investor), Enfuce Financial Services Oy (Target)
Transaction
Counsel to Tencent in its further investment in Enfuce Financial Services, a leading European Card-as-a-Service (CaaS) platform for modern card issuing and processing, in connection with a EUR 45 million Series C investment round
Deal Value
EUR 45 million
Role
Counsel to Tencent
Parties Lassila & Tikanoja plc (JV shareholder), Neova Oy (JV shareholder), L&T Biowatti Oy (joint venture company)
Transaction Counsel to Lassila & Tikanoja plc, a service company that is putting the circular economy into practice, in creating a joint venture with Neova Oy consolidating the parties’ energy wood businesses in Finland and Estonia. The joint venture’s turnover is approximately EUR 100 million and it employs approximately 100 employees.
Deal Value Not disclosed
Role Legal counsel to L&T plc
Parties
Enersense International Oyj, Megatuuli Oy
Transaction
Enersense International Oyj, a provider of zero-emission energy solutions, has signed an agreement on acquiring shares of the onshore wind farm developer Megatuuli Oy.
Deal Value
EUR 18.5 million
Role
Counsel to Enersense International
Parties
Enersense International Oyj
Transaction
Counsel to Enersense International Oyj in its equity investment in and primary partnership arrangement with P2X Solutions Oy
Deal Value
Value not public
Role
Counsel to Enersense International
Parties
Staffbase GmbH, Valo Solutions Oy
Transaction
Staffbase’s acquisition of Valo Solutions, the Finnish-based leading provider of intranets and workplace solutions.
Deal Value
Value not public
Role
Counsel to Staffbase GmbH
Parties
Citycon Oyj
Transaction
Citycon Oyj’s repurchase of a total amount of 9,500,000 own shares for a total purchase price of EUR 65.8 million as a result of a market based reverse accelerated bookbuild process
Deal Value
EUR 65.8 million
Role
Counsel to Citycon Oyj
Parties
NEP Group, Inc. (a Carlyle Group portfolio company), Bright Group Oy (funds managed by CapMan Buyout)
Transaction
Counsel to global event technology leader NEP Group, Inc., a Carlyle Group portfolio company, in the acquisition of Bright Group, a 360 supplier of live event services in Northern Europe with presence in Finland, Sweden, and Norway.
Deal Value
Value not public
Role
Counsel to NEP Group, Inc. (a Carlyle Group portfolio company)
Parties
Tosibox Oy, Nexit Ventures and its partner 3TS Capital Partners
Transaction
Counsel to Tosibox Oy, a provider of operational technology networking platforms for enterprises and organisations, in raising new equity funding from Nexit Ventures and its partner 3TS Capital Partners.
Deal Value
EUR 5 million
Role
Counsel to Tosibox Oy
Parties
Anora Group Plc (Altia Plc, Arcus ASA) and Galatea AB
Transaction
Required pre-closing divestment of Altia’s brands Skåne Akvavit, Hallands Fläder, and Brøndums and cognac brand Grönstedts (along with Arcus’s aquavit brand Akevitt Spesial and spirits brands S.P.R.T. and Dworek) to Galatea AB. The divestment to a suitable buyer was required by the Finnish, Norwegian, and Swedish competition authorities as a condition to their approval of the merger between Altia and Arcus to form Anora Group.
Deal value
Not public
Role
Lead counsel to Altia Plc (Anora Group Plc)
Parties
Altia Plc, Arcus ASA
Transaction
Merger of Altia Plc and Arcus ASA to form Anora Group
Deal value
Preliminary aggregated annual revenue EUR 640 million
Role
Lead counsel to Altia Plc
Parties
BlackRock Real Assets (Buyer), Green Horizon Renewables a.s. and other minority investors (Sellers), Mikana portfolio (Target)
Transaction
BlackRock Real Assets’ acquisition of the Mikana portfolio, which consists of an existing operational project of 20 MW and four wind development projects with a capacity of 200 MW, from Green Horizon Renewables a.s. and other minority investors
Deal Value
Value not public
Role
Counsel to Green Horizon Renewables a.s. and other minority investors
Parties
Landis+Gyr (Buyer), Telia Finland (Seller), Telia AMR Business (Target)
Transaction
Telia Finland’s sale of Telia AMR Business to Landis+Gyr
Deal Value
Value not public
Role
Counsel to Telia Finland (Seller)
Parties
KONE Corporation, Motala Hissar AB, Aritco Group AB
Transaction
Counsel to global elevator and escalator provider KONE Corporation and its subsidiary KONE Aktiebolag in the divestment of Motala Hissar AB to Aritco Group AB, a wholly-owned subsidiary of Investment AB Latour (publ).
Deal Value
Value not public
Role
Counsel to KONE Corporation
Parties
Valmet, Neles
Transaction
Hannes Snellman acted as lead counsel to Valmet, a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries, in its merger with Neles, one of the leading providers of mission-critical flow control solutions and services for process industries in Finland.
Deal Value
The combined value of the merging companies is approximately EUR 7 billion.
Role
Lead counsel to Valmet
Parties
Castellum, Kielo, Blackstone Tactical Opportunities, Brunswick Real Estate.
Transaction
Hannes Snellman acted as counsel to Castellum in its acquisition of property company Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate.
Deal Value
EUR 640 million
Role
Counsel to Castellum
Parties
Terveystalo Plc, Terveystalo Healthcare Oy, Feelgood Svenska AB (publ)
Transaction
Hannes Snellman advised Terveystalo on its acquisition of 72 percent of the shares and recommended mandatory takeover offer for Feelgood Svenska AB (publ)
Deal Value
SEK 606 million / EUR 60 million
Role
Counsel Terveystalo Plc and Terveystalo Healthcare Oy
Parties Vungle, Inc. (Buyer), GameRefinery Oy (Target)
Transaction Vungle, Inc.’s acquisition of GameRefinery Oy
Deal Value Value not public
Role Counsel to Vungle, Inc.
Parties
Oy Linde Gas Ab (Buyer), Neste Markkinointi Oy (Seller), Neste’s cylinder gas business and stake in Oy Innogas Ab (Targets)
Transaction
Oy Linde Gas Ab’s acquisition of Neste Markkinointi Oy’s cylinder gas business and Neste Markkinointi Oy's stake in Oy Innogas Ab, a provider of LPG cylinder filling, requalification and logistics services.
Value
Value not public
Role
Counsel to Oy Linde Gas Ab
Parties
Mayr-Melnhof Cartonboard International GmbH, Kotkamills Group Oyj
Transaction
Mayr-Melnhof Cartonboard International GmbH's acquisition of Kotkamills Group Oyj
Deal Value
Approx. EUR 425 million
Role
Counsel to Mayr-Melnhof Cartonboard International GmbH
Parties
PPG Industries, Inc. (Bidder), Tikkurila Oyj (Target)
Transaction
Recommended public cash tender offer for all of the shares in Tikkurila by PPG Industries, Inc.
Deal Value
EUR 1.5 billion
Role
Counsel to Tikkurila Oyj
Parties
Telia Finland (Seller) and AddSecure (Buyer)
Transaction
Telia Finland’s divestment of Telia Alerta business to AddSecure
Deal Value
Value not public
Role
Counsel to Seller/Telia Finland
Parties
Telia Company (Seller), Polhem Infra (Buyer), Telia Carrier (Target)
Transaction
Telia Company’s divestment of Telia Carrier to Polhem Infra
Deal Value
SEK 9,450 million
Role
Finnish counsel to Telia Company
Parties
Volati (Buyer), Pisla Group Oy (Seller), Pisla Oy (Target)
Transaction
Volati's acquisition of Pisla Oy from Pisla Group Oy
Deal Value
Value not public
Role
Counsel to Volati
Parties
Valmet Oyj (Buyer), Solidium Oyj (Seller)
Transaction
Counsel to Valmet Oyj in the acquisition of future Neles Corporation from Solidium Oy, representing 14.88% of all Neles’ shares and votes.
Deal Value
EUR 179 million
Role
Counsel to Valmet Oyj
Parties
Verkkokauppa.com Oyj
Transaction
Verkkokauppa.com Oyj's listing on the official list of Nasdaq Helsinki on 5 June 2020
Deal Value
Value not public
Role
Counsel to Verkkokauppa.com Oyj
Parties
City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II
Transaction
The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres
Deal Value
Approx. EUR 300 million
Role
Counsel to City of Espoo
Team
Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér
Parties
ABB and Hitachi
Transaction
Sale of ABB's Power Grids business to Hitachi
Deal Value
Enterprise Value of USD 11 billion for 100% of Power Grids
Role
Finnish Counsel to ABB
Parties
ABB and FIMER S.p.A
Transaction
Sale of ABB's solar inverter business to FIMER S.p.A
Deal Value
Value not public
Role
Finnish Counsel to ABB
Parties
Sanoma Group (Buyer), Alma Media Corporation (Seller), Alma Media Kustannus Oy and Alma Manu Oy (Targets)
Transaction
Sanoma Group’s acquisition of Alma Media’s regional news media business
Deal Value
EUR 115 million (announced enterprise value)
Role
Counsel to Sanoma Group
Parties
Quest Diagnostics Incorporated (Buyer), Shareholders of Blueprint Oy (Sellers), Blueprint Genetics Oy (Target)
Transaction
The sale of Blueprint Genetics’ entire share capital to Quest Diagnostics
Deal Value
Value not public
Role
Counsel to Blueprint Genetics and its owners
Parties
Smartly.io Solutions Oy and its owners, Providence Equity Partners
Transaction
Counsel to Smartly.io and its owners in the sale of a majority stake to Providence Equity Partners
Deal Value
EUR 200 million
Role
Counsel to Smartly.io Solutions Oy and its owners
Parties
EQT Fund VIII (Buyer), Agilitas Private Equity and other shareholders (Sellers), Recover Nordic (Target)
Transaction
EQT’s acquisition of Recover Nordic
Deal Value
Value not public
Role
Finnish counsel to EQT Fund VIII
Parties
FSN Capital, eCraft, Orango, Fellowmind
Transaction
Fellowmind, eCraft and Orango merge to create European Microsoft Business Applications platform
Deal Value
Value not public
Role
Counsel to eCraft and its owners
Parties
Vitrulan Composites Oy (Buyer); Ahlstrom-Munksjö Oyj (Seller); Glass fiber reinforcement business (Target)
Transaction
Ahlstrom-Munksjö has agreed to sell its glass fiber reinforcement business in Mikkeli, Finland, to Vitrulan Composites Oy
Deal Value
EUR 6.5 million
Role
Counsel to Ahlstrom-Munksjö Oyj
Parties
Outotec Oyj, Metso Corporation
Transaction
The combination of Outotec and Metso Minerals through a demerger
Deal Value
EUR 3.9 billion (illustrative combined sales)
Role
Counsel to Outotec Oyj
Parties
Marrone Bio Innovations, Inc. (Buyer), shareholders of Pro Farm Technologies Oy (Sellers), Pro Farm Technologies Oy (Target)
Transaction
Marrone Bio Innovations, Inc., an international leader in sustainable bioprotection and plant health solutions, acquired Pro Farm Technologies Oy, a Finnish agriculture technology company supplying nutrient and biostimulant technology and products
Deal Value
USD 31.8 million
Role
Counsel to Marrone Bio Innovations, Inc.
Parties
Verdane, CAP-Group
Transaction
Verdane's acquisition of CAP-Group, Finland’s largest driving school and a pioneer of simulator-based training for consumers and professionals.
Deal Value
Value not public
Role
Counsel to Verdane
Parties
Peab AB (Buyer), YIT Corporation (Seller), YIT’s Nordic paving and mineral aggregates businesses (Targets)
Transaction
YIT’s sale of its Nordic paving and mineral aggregates businesses in Finland, Sweden, Norway and Denmark to Peab
Deal Value
EUR 280 million
Role
Counsel to YIT Corporation
Parties
Tieto Corporation, EVRY ASA
Transaction
The combination of Tieto and EVRY through a cross-border merger
Deal Value
Value not public
Role
Counsel to EVRY ASA
Parties
Vaaka Partners, Lyyti
Transaction
Vaaka Partners' acquisition of Lyyti
Deal Value
Value not public
Role
Counsel to Vaaka Partners
Parties
Fazer Food Services, Compass Group PLC
Transaction
Fazer Group in its divestment of Fazer Food Services to Compass Group PLC
Deal Value
EUR 475 million
Role
Counsel to Fazer Group
Parties
Ramirent Plc, Loxam S.A.S.
Transaction
Recommended public cash tender offer for Ramirent Plc by Loxam S.A.S.
Deal Value
EUR 970 million
Role
Counsel to Ramirent Plc
Parties
Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, Kruunuvuoren Satama Oy
Transaction
A series of transactions, whereby Ilmarinen, Kesko, and Kesko Pension Fund, among other things, dissolve their joint ownership of Kruunuvuoren Satama and Ilmarinen acquires all 3,438,885 Kesko A shares held by Kruunuvuoren Satama.
Deal Value
EUR 164 million
Role
Counsel to Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, and Kruunuvuoren Satama Oy
Parties
Byggnadstekniska Byrån Sverige AB (Target), Sitowise Holding AB (Buyer), Byggnadstekniska Byrån Mosebacke AB (Seller)
Transaction
Intera Partners backed Sitowise Oy in the Acquisition of Byggnadstekniska Byrån Sverige AB
Deal Value
Value not public
Role
Counsel to Intera Partners
Parties
Funds managed by Sentica Partners Oy (Buyer), Mikael Swanljung and his family (Sellers), Picnic Finland Oy, Europicnic Oy and La Torrefazione Oy (Targets)
Transaction
Sentica Partners’ acquisition of majority ownership in Picnic Company Group from Mikael Swanljung and his family
Counsel to Cherry Ventures Management GmbH in its investment and purchase of shares in Chief Chief Technologies Oy/Speechgrinder, a developer of voice technology software and application programming interface
Deal Value
Value not public
Role
Counsel to Cherry Ventures Management GmbH
Parties
Glaston Corporation (Buyer), Conzzeta AG (Seller), Bystronic Maschinen AG, Bystronic Lenhardt GmbH and their subsidiaries (Targets)
Transaction
Glaston Corporation’s acquisition of Bystronic Glass and refinancing of Glaston
Deal Value
EUR 68 million
Role
Counsel to Glaston Corporation
Parties
BVB Substrates B.V. and its owners, Vapo Oy and Kekkilä Oy
Transaction
Joint venture by combining BVB Substrates B.V. and Kekkilä Oy to form Kekkilä-BVB Oy, a leading horticultural substrate company in Europe in the market for professional growers and home gardeners
Deal Value
Value not public
Role
Counsel to BVB Substrates B.V. and its owners
Parties
City of Espoo
Transaction
PPP school project which involves building several new schools over two to four years and maintaining them for approx. 20 years.
Deal Value
Estimated value in excess of EUR 100 million
Role
Counsel to the City of Espoo
Parties
Precast Holding Oy (Buyer), Elematic HoldCo Oy (Seller), Elematic Oyj (Target), Nordic Trustee (as bonds trustee appointed by Elematic’s
Transaction
Restructuring of ownership and financing structure of Elematic Oyj
Deal Value
Value not public
Role
Counsel to Nordic Trustee
Parties
Telia Company (Buyer), AinaGroup Oyj (Seller), AinaCom Oy (Target)
Transaction
Telia Company’s acquisition of AinaCom Oy from AinaGroup Oyj
Deal Value
Value not public
Role
Counsel to Telia Company
Parties
Mimir Invest (Buyer), Caverion (Seller), Project piping & tank business and the related Ylivieska workshop (Targets)
Transaction
Caverion’s sale of project piping & tank business and the related Ylivieska workshop of the Industrial Solutions division.
Deal Value
Value not public
Role
Counsel to Caverion
Parties
Nordic Healthcare Group Oy, Vaaka Partners Oy
Transaction
Vaaka Partner's investment in Nordic Healthcare Group
Deal Value
Value not public
Role
Counsel to Vaaka Partners
Parties
Jarkir Oy (Seller), Partnera Oy (Buyer), Suomen Teollisuussijoitus Oy (Buyer), Uusioaines Oy (Target)
Transaction
Jarkir's sale of Uusioaines to Partnera and Tesi
Deal Value
EUR 19,8 million
Role
Counsel to Seller Jarkir Oy
Parties
Vaaka Partners, Framery
Transaction
Vaaka Partners' acquisition of Framery
Deal Value
Value not public
Role
Counsel Vaaka Partners
Parties
Commonwealth Bank (Seller), Colonial First State Global Asset Management (Target), Mitsubishi UFJ Trust and Banking Corporation (Buyer)
Transaction
Commonwealth Bank's sale of its global asset management business, Colonial First State Global Asset Management (CFSGAM), to Mitsubishi UFJ Trust and Banking Corporation
Deal Value
AUD 4.1 billion
Role
Counsel to Commonwealth Bank
Parties
Nexit Ventures (Seller), Ekahau, Inc. (Target), Ookla (Buyer)
Transaction
Nexit Ventures' sale of shares of Ekahau to Ookla
Deal Value
Value not public
Role
Counsel for Nexit Ventures and Ekahau, Inc.
Parties
Qingdao Sifang SRI Intellectual Technology Co. Ltd. (Buyer), Beneq Oy and its shareholders (Sellers), Beneq Oy (Target)
Transaction
The sale of Beneq Oy to Qingdao Sifang SRI Intellectual Technology Co. Ltd.
Deal Value
Value not public
Role
Counsel to Beneq Oy and its shareholders
Parties
AtoB@C Shipping AB (Target), Aspo Plc (Bidder) Anders Nilsson (Private Investor)(Seller)
Transaction
Aspo Plc has agreed to acquire AtoB@C Shipping AB from Anders Nilsson (Private investor).
Deal Value
EUR 30 million
Role
Counsel to Aspo Plc
Parties
ABB (Buyer), General Electric Company (Seller), GE Industrial Solutions (Target)
Transaction
ABB’s acquisition of GE Industrial Solutions, GE’s global electrification solutions business.
Deal Value
USD 2.6 billion
Role
Finnish counsel to ABB
Parties
Ahlstrom-Munksjö (Buyer), Expera Specialty Solutions (Target), KPS Capital Partners (Seller)
Transaction
Ahlstrom-Munksjö’s acquisition of Expera Specialty Solutions, a U.S.-based specialty paper producer
Deal Value
USD 615 million
Role
Counsel to Ahlstrom-Munksjö
Parties
Elementis plc (Buyer), Mondo Minerals B.V. (Target)
Transaction
A proposed acquisition of Mondo Minerals B.V. by Elementis plc
Deal Value
USD 600 million
Role
Counsel to Elementis plc
Parties
Biovian Oy (Target), Keensight Capital (Bidder)
Transaction
Keensight Capital’s acquisition of a majority stake in Biovian, a leading European player in contract manufacturing and development of biopharmaceuticals
Deal Value
Value not public
Role
Counsel to Biovian Oy and founding shareholders
Parties
CapMan Infra (Bidder), Elenia Group (Target)
Transaction
CapMan Infra signed to invest in Elenia, a leading Finnish electricity network and district heat company
Deal Value
EUR 70 million
Role
Counsel to CapMan Infra
Parties
CVC Capital Partners, LocalTapiola, Varma, Ilmarinen, Mehiläinen management (Buyers), Mehiläinen Oy (Target), Kohlberg Kravis Roberts & Co. L.P., Triton Partners (Sellers)
Transaction
LocalTapiola's co-investment with CVC Capital Partners, Varma and Ilmarinen to Mehiläinen Oy, a leading Finnish private health- and social care provider
Deal Value
Value not public
Role
Counsel to LocalTapiola
Parties
Asiakastieto Group Plc (Buyer), UC AB (Target), Six Swedish banks (Sellers)
Transaction
Asiakastieto Group Plc’s pending acquisition of UC AB, a credit information company
Orion Corporation's divestment of the diagnostics business unit Orion Diagnostica Oy to a private equity fund managed by Axcel Management A/S
Deal Value
Value not public
Role
Counsel to Orion Corporation
Parties
Apax Digital Fund (Buyer), Vaaka Partners (Seller), Solita Oy (Target)
Transaction
Vaaka Partners' sale of Solita Oy to Apax Digital Fund
Deal Value
Value not public
Role
Counsel to Vaaka Partners
Parties
DevCo Partners Oy, Medix Biochemica
Transaction
DevCo Partners Oy's acquisition of Medix Biochemica
Deal Value
Value not public
Role
Counsel to DevCo Partners Oy
Parties
OP Financial Group (Seller), Vienna Insurance Group (Buyer), Seesam Insurance AS (Target)
Transaction
OP Financial Group's sale of the non-life insurance company Seesam Insurance AS (Seesam), including its Latvian and Lithuanian branches, to Vienna Insurance Group (VIG)
Deal Value
Value not public
Role
Counsel to OP Financial Group
Parties
Green Horizon Renewables (Buyer), Founders and certain other investors (Sellers), Winda Power (Target)
Transaction
Green Horizon Renewables’ acquisition of over 70% stake in Winda Power
Deal Value
Value not public
Role
Counsel to Green Horizon Renewables
Parties
WSP Finland Oy (Buyer), ISS Palvelut Oy (Seller), ISS Proko Oy and its subsidiary ISS Suunnittelupalvelut Oy (Targets)
Transaction
ISS Palvelut Oy's sale of ISS Proko Oy and its subsidiary ISS Suunnittelupalvelut Oy to WSP Finland Oy
Deal Value
Value not public
Role
Counsel to ISS Palvelut Oy
Parties
Nordic Packaging and Container Holdings (Seller), Mondi Group (Buyer), Powerflute Group Holdings Oy (Target)
Transaction
Nordic Packaging and Container Holdings' sale of Powerflute Group Holdings Oy to a division of Mondi Group
Deal Value
Enterprise value of EUR 365 million
Role
Counsel to Nordic Packaging and Container Holdings (NPAC Holdings)
Parties
EQT (Seller), Anticimex (Target), AMF Pensionsforsakring AB, The Sixth National AP-fund, Volito, Cubera (Buyers)
Transaction
The sale of 19% minority stake sale in Anticimex by EQT
Deal Value
EUR 311 million
Role
Counsel to EQT
Parties
Sampo plc (Buyer), 19.9% of the shares in Saxo Bank Group (Target)
Transaction
Sampo plc’s Acquisition of 19.9% of Shares in Saxo Bank Group
Deal Value
EUR 265 million
Role
Counsel to Sampo plc
Parties
Vaaka Partners (Buyer), management and minority shareholders (Sellers), Smoothie Heaven Oy (Target)
Transaction
Vaaka Partners acquired majority of shares in Smoothie Heaven Oy, a juice and smoothie bar company known as Jungle Juice Bar, from management and minority shareholders
Deal Value
Value not public
Role
Counsel to Vaaka Partners
Parties
Wise Group (Buyer), Management and minority shareholders (Sellers), Sito Oy (Target)
Transaction
Combination of Wise Group and Sito Oy
Deal Value
Value not public
Role
Counsel to Wise Group
Parties
Ahlström Capital (Buyer), Oy GW Sohlberg Ab (Seller), 39% of shares in Detection Technology and 18% of shares in Glaston (Targets)
Transaction
Ahlström Capital’s acquisition of shares in Detection Technology and Glaston from Oy GW Sohlberg Ab
Deal Value
Approx. EUR 110 million
Role
Counsel to Oy GW Sohlberg Ab
Parties
Scandic Hotels Group (Buyer), Restel (Seller), Restel’s Hotel Portfolio (Target)
Transaction
Scandic’s acquisition of Restel’s hotel operations in Finland from Restel
Deal Value
EUR 114.5 million
Role
Counsel to Scandic Hotels Group
Parties
Lemminkäinen Corporation and YIT Corporation
Transaction
The combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger
Deal Value
EUR 771 million
Role
Counsel to Lemminkäinen
Parties
Terveystalo, Diacor
Transaction
Terveystalo's acquisition of Diacor
Deal Value
Value not public
Role
Counsel to Terveystalo
Parties
Quattro Mikenti Group Oy sale of shares to Adelis Equity Partners Fund I AB
Transaction
Sale of a majority of shares in Quattro Mikenti Group Oy to Adelis Equity Partners Fund I AB by Henri Juva and other sellers
Deal Value
Value not public
Role
Counsel to Henri Juva
Parties
Oriola Oyj and Kesko Oyj
Transaction
A 50/50 percent joint venture to establish a chain of health, beauty and wellbeing stores across Finland, with the plan to expand the business to include pharmaceuticals if the legislation is amended
Sentica’s portfolio company Trust Kapital's acquisition of Enfo Zender, Enfo Oyj’s information logistics subsidiary
Deal Value
Value not public
Role
Counsel to Trust Kapital
Parties
Powerflute (Buyer); Harvestia Oy (Target); Vapo Oy (Seller)
Transaction
Powerflute Oyj’s acquisition of Harvestia Oy from Vapo Oy
Deal Value
Value not public
Role
Counsel to Powerflute Oy
Parties
Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)
Transaction
Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group
Deal Value
Value not public
Role
Counsel to Hartwall Capital Oy Ab
Parties
Intera Fund III Ky (Buyer), ISS Palvelut Oy (Seller), ISS Security Oy and the Finnish security business and related assets (Target)
Transaction
Divestment by ISS Palvelut of 100% of the shares in ISS Security Oy and the Finnish security business and related assets to Intera.
Deal Value
EUR 35 million
Role
Counsel to ISS Palvelut Oy
Parties
DevCo Partners Oy’s group of investors (Buyers); Vexve Oy (Target); Partnos Oy (Seller)
Transaction
DevCo Partners Oy’s acquisition of Vexve Oy from Partnos Oy
Deal Value
Value not public
Role
Counsel to DevCo Partners Oy
Parties
Norvestia Oyj, CapMan Plc
Transaction
The public exchange offer for the shares and other securities in Norvestia by CapMan Plc
Deal Value
Value not public
Role
Counsel to Norvestia Oyj
Parties
Ahlstrom Oyj, Munksjö Oyj
Transaction
The combination of Ahlstrom and Munksjö through a merger
Deal Value
Approx. EUR 1,2 billion
Role
Lead counsel to Ahlstrom
Parties
Eurus Energy Holdings Corporation (Buyer), Maas Capital Renewables (Seller) and YARD ENERGY (Seller)
Transaction
Eurus Energy Holdings Corporation's acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY
Deal Value
Value not public
Role
Counsel to Eurus Energy Holdings Corporation
Parties
Powerflute Oyj (Target), Madison Dearborn Partners, LLC (Bidder)
Transaction
Recommended cash offer for Powerflute Oyj by Nordic Packaging and Container (Finland) Holdings Oy an affiliate of Madison Dearborn Partners, LLC
Deal Value
GBP 268 million
Role
Counsel to Powerflute Oyj
Parties
Sampo plc (Buyer), Topdanmark A/S (Target)
Transaction
Sampo plc’s mandatory public cash offer for all outstanding shares in Topdanmark A/S
Deal Value
Value not public
Role
Counsel to Sampo plc
Parties
Vitec Software Group AB (publ) (Buyer), Futursoft Oy (Target)
Transaction
Vitec Software Group AB's (publ) acquisition of all shares in the Finnish software company Futursoft Oy
Deal Value
Value not public
Role
Counsel to Vitec Software Group AB (publ)
Parties
Valedo Partners Fund I AB (Seller), Corbel Holding Oy (Target), Realia Group (Buyer)
Transaction
Valedo's divestment of Corbel, a facility services company, to Realia Group
Deal Value
Value not public
Role
Counsel to Valedo Partners Fund I AB
Parties
Infratek, Pohjolan Werkonrakennus Oy
Transaction
Infratek's acquisition of Pohjolan Werkonrakennus Oy
Deal Value
Value not public
Role
Counsel to Infratek
Parties
Ruokakesko Oy (Buyer), Triton (Seller), Suomen Lähikauppa Oy (Target)
Transaction
Triton's sale of Suomen Lähikauppa Oy to Ruokakesko Oy, a subsidiary of Kesko Corporation
Deal Value
Value not public
Role
Counsel to Triton
Parties
Sentica Partners and a number of private individuals (Sellers), Humana AB (Buyer), Arjessa Oy (Target)
Transaction
Sentica Partners and a number of private individuals sold the leading Finnish psychosocial care provider to Humana AB
Deal Value
EUR 32 million (EV)
Role
Counsel to Humana AB
Parties
YIT Corporation, Etera Mutual Pension Insurance Company, Onvest Oy, Fennia Mutual Insurance Company
Transaction
Joint venture of YIT Corporation, Etera Mutual Pension Insurance Company, Onvest Oy, and Fennia Mutual Insurance Company for the implementation of the Mall of Tripla and its parking facilities
Deal Value
Approx. EUR 600 million
Role
Counsel to YIT Corporation
Parties
Telia Company (Seller), Marginalen AB and Marginalen Bank Bankaktiebolag (Buyers), Sergel Group (Target)
Transaction
Telia Company's divestment of the Sergel Group to Marginalen AB and Marginalen Bank Bankaktiebolag
Deal Value
SEK 2,070 million (approx. EUR 222 million)
Role
Counsel to Telia Company
Parties
SoftBank Group Corporation (Seller), Tencent Holdings Limited (Buyer), Supercell (Target)
Transaction
SoftBank Group Corporation's and its affiliates' sale of all of their 72.2% stake in Supercell to an affiliate of Tencent Holdings Limited
Deal Value
Approx. USD 10.2 billion
Role
Counsel to SoftBank and its affiliates
Parties
Triton, Fläkt Woods
Transaction
Triton's acquisition of Fläkt Woods
Deal Value
Value not public
Role
Counsel to Triton
Parties
Uponor and Belkin International
Transaction
A joint venture to pioneer in the development of intelligent water sensing and conservation technology for buildings in the U.S. and Europe.
Deal Value
USD 50 million
Role
Counsel to Uponor
Parties
The Carlsberg Group (Seller), Viking Malt Oy (Buyer), Danish Malting Group A/S (Target)
Transaction
The Carlsberg Group sold the Danish Malting Group comprising three breweries located in Denmark and Poland to Viking Malt Oy
Deal Value
Value no public
Role
Counsel to Viking Malt Oy
Parties
Cor Group Oy, Industry Investment, Norvestia Plc and acting management (Sellers), EQT MidMarket Limited Partnership (Buyer), Touhula Varhaiskasvatus Oy (Target)
Transaction
Cor Group Oy, Industry Investment, Norvestia Plc and acting management sold the leading Finnish private day care provider Touhula Varhaiskasvatus Oy to EQT MidMarket Limited Partnership.
Deal Value
Value not public
Role
Counsel to EQT
Parties
National Silicon Industry Group (Offeror), Okmetic Oyj (Target)
Transaction
Voluntary recommended public tender offer by National Silicon Industry Group for all shares and option rights in Okmetic Oyj
Deal Value
Approximately EUR 170 million
Role
Counsel to Okmetic Oyj
Parties
State of Finland (Seller), Patria Oyj (Target), Kongsberg Defence & Aerospace AS (Buyer)
Transaction
The Finnish government's sale of 49.9% of its shares in Patria Oyj to Kongsberg Defence & Aerospace AS
Deal Value
EUR 272 million
Role
Counsel to Patria and its shareholder
Parties
Veolia, Neste and Borealis
Transaction
A transaction creating a JV with Neste and Borealis to build a new combined heat and power plant and produce and supply steam and other utilities to Neste's refinery and Borealis' petrochemical plant in Porvoo, Finland
Deal Value
Approximately EUR 350 million
Role
Counsel to Veolia
Parties
Ahlstrom (Seller), Ahlstrom’s building and wind business unit (Target), Owens Corning (Buyer)
Transaction
Ahlstrom’s divestment of its building and wind business unit to Owens Corning
Acorda Therapeutics' public tender offer of the shares and other securities in Biotie Therapies
Deal Value
USD 363 million
Role
Counsel to Biotie Therapies Corp.
Parties
Atine Group Oy (Seller), Sector Alarm (Buyer), Turvatiimi (Target)
Transaction
Sale of Turvatiimi to Sector Alarm by Atine Group Oy
Deal Value
EUR 7,610,330
Role
Counsel to Atine Group Oy
Parties
Adven Group (Target), EQT (Seller), AMP Capital, Infracapital (Buyers)
Transaction
EQT Infrastructure Limited’s sale of Adven Group to a consortium comprising of AMP Capital Investors and Infracapital Partners II
Deal Value
Value not public
Role
Counsel to EQT
Parties
Blackstone Real Estate Partners Europe IV (Buyer), Sponda Plc and Varma Mutual Pension Insurance Company (Sellers), Certeum Corporation (Target)
Transaction
Sale of the majority stake of 57.5% of all shares in Certeum
Deal Value
Approximately EUR 500 million
Role
Counsel to Certeum Corporation and its Board of Directors
Parties
Niam (Buyer), Helsingin Osuuskauppa Elanto (Seller), Kaari shopping centre (Target)
Transaction
Niam's acquisition of the Kaari shopping centre, the ninth largest shopping centre in Finland, and five freehold plots around the shopping centre.
Deal Value
Value not public
Role
Counsel to Niam
Parties
Summit Partners (Buyer), Retail Logistics Excellence - RELEX Oy and certain shareholders of RELEX (Seller), Retail Logistics Excellence - RELEX Oy (Target)
Transaction
Summit Partners' acquisition of a EUR 20 million minority stake in RELEX, a Finnish provider of supply chain software solutions for retailers
Deal Value
EUR 20 million
Role
Counsel to Summit Partners
Parties
Royal Vopak (Seller), Vopak Chemicals Logistics Finland Oy (Target), Oiltanking Sonmarin Oy (Buyer)
Transaction
Royal Vopak sold the Finnish entity Vopak Chemicals Logistics Finland Oy to Oiltanking Sonmarin Oy a wholly owned subsidiary of Oiltanking GmbH, based in Hamburg, Germany The divested entity consists of two terminals: Vopak Terminal Mussalo and Vopak Terminal Hamina
Deal Value
EUR 43 million
Role
Counsel to Royal Vopak
Parties
SoftBank (Buyer), Supercell (Target)
Transaction
SoftBank's acquisition of an additional 22.7% stake in Supercell, a Finnish online gaming company
Deal Value
Value not public
Role
Finnish counsel to SoftBank
Parties
Trimble Finland Oy (Buyer), Key employees of and investors in Fifth Element Oy (Seller), Fifth Element Oy (Target)
Transaction
Trimble Finland Oy’s acquisition of Fifth Element Oy from key employees of and investors in Fifth Element Oy