Hannes Snellman

PRACTICE AND EXPERIENCE

Tuire specialises in mergers and acquisitions and cross-border transactions, with an emphasis on complex strategic deals, joint venture structures and long-term contractual arrangements between industrials. She has also significant experience in private equity and corporate advisory work, and special industry expertise within forestry and telecommunication sectors.

In 2007–2009, Tuire worked as an associate at Cravath, Swaine & Moore in New York, and she is also a member of the New York Bar (since 2008).

Tuire is a frequent lecturer at the firm’s client events and internal education programs in topics relating to transactions and corporate and contract law.

SELECT REFERENCES

• Counsel to ISS Palvelut Oy, a leading Finnish facility services provider, in the sale of 100% of the shares in ISS Security Oy and the Finnish security business and related assets to Intera Fund III Ky, a private equity fund managed by Intera Partners.

• Finnish counsel to Telia Company in the divestment of the Sergel Group, a Nordic and Baltic credit management and debt purchase service provider, to Marginalen AB and Marginalen Bank Bankaktiebolag, in a transaction valuing the Sergel Group at SEK 2,070 million (or EUR 222 million) on a cash and debt-free basis.

• 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 Uponor in establishing an Intelligent Water Sensing  Technology JV with Belkin International in the U.S. and Europe.

• 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 Certeum Corporation and its Board of Directors in relation to the sale of the 57.5% majority stake in Certeum between Sponda Plc and Varma Mutual Pension Insurance Company (as sellers) and Tungsten Investment S.à.r.l. (as purchaser), a company affiliated to Blackstone Real Estate Partners Europe IV.

• Finnish 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 Ilmarinen and AMF in a joint venture with Kesko concerning the sale and leaseback of a portfolio of 40 retail properties in Finland and Sweden.

• Counsel to TeliaSonera in the establishment of a new mobile network sharing joint venture with DNA.

• Counsel to TeliaSonera in the acquisition of AinaCom Oy’s consumer and network business.

• Counsel to Finnair in the sale of Finncatering to LSG Lufthansa Service.

• Finnish counsel to GE Capital on the sale of a significant pan-European business involving 20 European jurisdictions, China, Bermuda and the United States.

• Finnish counsel to SoftBank and GungHo Online Entertainment in their acquisition of a controlling stake in Supercell, a Finnish online gaming company.

• Counsel to EQT in the acquisition of Terveystalo from Bridgepoint.

• Local counsel to Renesas Electronics in the sale of Renesas Mobile Europe and certain LTE modem technology assets to Broadcom.

• Counsel to Intellectual Ventures in establishing an R&D and IP joint venture Benemilk with Raisio.

• Counsel to Orkla in the acquisition of Boyfood from Fram Foods.

• Counsel to UPM-Kymmene in the sale of its packaging paper business to Billerud.

• Counsel to UPM-Kymmene in the sale of its 11% stake in Metsä Fibre.

• Counsel to UPM-Kymmene in the outsourcing of its IT infrastructure services to HCL Technologies.

• Counsel to UPM-Kymmene in the sale of its RFID business to Smartrac.

• Counsel to UPM-Kymmene in the share buyback of 6.7% stake in Metsä-Botnia by Metsä-Botnia and in the call option of Metsäliitto for the remaining shares in Metsä-Botnia.

• Counsel to Renesas Electronics in its acquisition of Nokia’s wireless modem business.

• Counsel to UPM-Kymmene in its acquisition of Metsä-Botnia’s Uruguayan operations and related transactions.

RANKINGS

• Ranked as a Highly regarded lawyer in the 2018 edition (Finland: Corporate and M&A) of IFLR1000
• Ranked among the best lawyers in the 2014, 2015, 2016 and 2017 editions (Helsinki: Mergers and Acquisitions) of Best Lawyers®

MEMBERSHIPS AND POSITIONS OF TRUST

• Member of the Finnish Bar Association
• Member of the New York Bar
• Member of the Finnish Corporate Law Association (Suomen yhtiöoikeusyhdistys ry)

EDUCATION AND PROFESSIONAL BACKGROUND

• Partner, Hannes Snellman, 2012-present
• Foreign Associate, Cravath, Swaine & Moore LLP (New York), 2007–2008
• LL.M. (Corporate), New York University School of Law, 2007
• Senior Associate, Hannes Snellman, 2004-2012
• Associate Lawyer, Hannes Snellman, 2000–2004
• Master of Laws, University of Helsinki, 2000
• Trainee, Hannes Snellman, 1999–2000