Heikki Vesikansa

+358 9 2288 4496
+358 40 844 2117
Maria Qutishat

Assistant's telephone:

+358 9 2288 4475

Assistant's e-mail:


Heikki heads our Transaction Structuring practice in Helsinki. He advises our clients in tax structuring of investments, divestments, and joint ventures. Heikki has been a key member of transaction teams, preparing structuring analyses and assessing tax considerations, in various private and public M&A matters as well as in equity and debt capital market transactions.

Heikki’s wide experience in the area of transaction structuring stems from providing tax advice in over 300 transactions over the past 15 years or so. He has also defended clients' tax structures in courts, including advice on recent successful high-profile tax cases at the Finnish Supreme Administrative Court. In addition, he has participated in the recent consultations for Finnish interest tax deduction limitations (earnings stripping) and new Finnish rules on the taxation of repayment of equity capital.


  • Counsel to a fund managed by J.P. Morgan Asset Management in its disposal of a 66,680 sqm logistics property in Espoo to a fund managed by Genesta

  • Counsel to Vaaka Partners in its acquisition of majority of shares in Jungle Juice Bar

  • Counsel to Skandia Fastigheter in its acquisition of 14,400 sqm of office property in Helsinki from TRIUVA

  • Counsel to GW Sohlberg in Ahlström Capital’s EUR 110 million acquisition of shares in Detection Technology and Glaston from GW Sohlberg

  • Counsel to Lemminkäinen Corporation in the combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger

  • Counsel to a J.P. Morgan Asset Management fund in its disposal of four office properties to Alma Property Partners I AB in the Keilaniemi business district of Espoo, Finland

  • Counsel to a tax payer in a court proceeding which confirmed that earn out payments cannot be taxed as salary income subject to highest progressive tax rates

  • Counsel to majority sellers in the sale of a majority of shares in Quattro Mikenti Group Oy to Adelis Equity Partners Fund I AB by Henri Juva and other sellers

  • Counsel to SUSI Partners AG in its acquisition of the Tetrituuli Wind Farm in Finland from Ilmatar Windpower Plc

  • Counsel to a fund managed by J.P. Morgan Asset Management in its disposal of a 11,200 sqm office property in Helsinki to a fund managed by Genesta

  • Counsel to Powerflute Oyj in its acquisition of Harvestia Oy from Vapo Oy

  • Counsel to Ahlstrom in the combination of Ahlstrom and Munksjö through a merger

  • Counsel to Powerflute Oyj in the recommended cash offer for Powerflute by Nordic Packaging and Container (Finland) Holdings Oy an affiliate of Madison Dearborn Partners, LLC

  • Counsel to SoftBank and its affiliates in the sale of their entire 72.2% stake in Supercell, a Finnish leading mobile game maker, to Tencent, a Chinese internet company, in a transaction valuing Supercell’s equity at USD 10.2 billion

  • Counsel to Patria and its shareholder in the sale of 49.9% of the shares in Patria Oyj to Kongsberg Defence & Aerospace AS

  • Counsel to Veolia in 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

  • Counsel to Ahlstrom Corporation in the sale of its building & wind business unit to Owens Corning

  • Counsel to Biotie Therapies Corp. in the public tender offer of the shares and other securities in Biotie Therapies by Acorda Therapeutics

  • Counsel to EQT Infrastructure Limited in its sale of Adven Group to a consortium comprising of AMP Capital Investors and Infracapital Partners II

  • Counsel to Faron Pharmaceuticals Ltd in its IPO and listing on the AIM market of the London Stock Exchange as well as in the preceding fundraising of approx. GBP 10 million

  • Counsel to Alma Media Corporation in the exchange offer for the shares and options in Talentum Oyj. The exchange offer includes both share and cash components and the total value of the offer amounts to Eur 42.7 million

  • Finnish tax counsel to Summit Partners in the acquisition of a EUR 20 million minority stake in RELEX, a Finnish provider of supply chain software solutions for retailers

  • Finnish counsel to SoftBank in the acquisition of an additional 22.7% stake in Supercell, a Finnish online gaming company

  • Counsel to Trimble Finland Oy in its acquisition of Fifth Element Oy from key employees of and investors in Fifth Element Oy

  • Counsel to Asiakastieto Group Plc in its IPO and listing on the Helsinki Stock Exchange

  • Counsel to Valmet Plc in its acquisition of the process automation systems business from Metso Plc

  • Counsel to Patria Plc in purchase of shares from Airbus Group

  • Counsel to Ratos AB in investment into Ledil Group Oy 

  • Counsel in connection with an investment by a Nordic PE fund into a Finnish technology company*
  • Structuring of a Finnish wind power investment fund*
  • Counsel in connection with an acquisition of Finnish energy assets by an international consortium of investors*
  • Counsel in connection with an investment into a Finnish natural resources company by an international PE fund*
  • Counsel in connection with the sale of a Finnish technology company by an international PE fund*
  • Counsel in connection with an acquisition of a Finnish healthcare equipment manufacturer by an international PE fund*
  • Counsel in connection with an IPO of a company*
  • Counsel in connection with a public tender offer for the shares of a Nordic company by a Finnish company* 
  • Counsel in legal proceedings before the Finnish Supreme Administrative Court leading to a ruling whereby Finnish tax authorities are not entitled to retrospectively impose additional taxes to companies by re-characterising legal transactions without relevant mandate given by Finnish domestic tax law*
  • Counsel in the angel investment round of a Finnish mobile phone application developer*
  • Counsel in connection with an investment by a European energy fund into a Finnish wind park*
  • Counsel in connection with the sale of Finnish wind parks by Finnish owners to an international fund*
  • Counsel in a Central Tax Board case resolving the correct consolidation level indicated in the safe haven rule of the new Finnish interest deduction limitations (earnings stripping)*
  • Counsel in connection with a debt-leveraged acquisition of certain Finnish energy assets from a European company by a Finnish acquirer*
  • Counsel in legal proceedings before the Helsinki Administrative Court confirming an earlier Supreme Administrative Court decision that transfer taxes are not payable on the termination of share options*

(*=references from prior to joining Hannes Snellman)


  • Ranked as a Notable practitioner in the 2018 edition (Finland: Corporate and M&A) of IFLR1000
  • Ranked as a recommended lawyer in the 2017 edition (Tax) of Legal 500


  • Member, Taxes Committee of the Finnish Bar Association 2017

  • Member of the Finnish Corporate Law Association 2016
  • Member of the International Bar Association 2016
  • Member of the Finnish Bar Association 2015
  • Member of International Fiscal Association (IFA) 2015
  • Legal committee of the Finnish Venture Capital Association (FVCA) 2011 -
  • Member of the Association for Finnish Tax Professionals 2005


  • Partner, Hannes Snellman 2016

  • Specialist Partner, Hannes Snellman 2014

  • KPMG Oy Ab 2001-2014
  • Master of Laws, University of Helsinki 2001