Hannes Snellman acted as counsel to Ratos AB (publ), Varma Mutual Pension Insurance Company and Redito AB in a formation of Serena Properties AB, a new Nordic real estate fund, which will focus on commercial properties.
Hannes Snellman acted for Lockheed Martin (NYSE: LMT) in connection with the structuring and negotiation of its investment in Exechon Enterprises L.L.C., based in the United Arab Emirates. Hannes Snellman advised in particular on Swedish and Finnish law aspects of the acquisition of the assets and undertaking of Swedish company, Exechon AB, an investor in the new joint venture company.
Hannes Snellman acted as counsel to H.C. Starck GmbH on its investment in MetaSphere Technology AB. H.C. Starck is one of the leading producers of customer-specific powders and components made of technology metals and technical ceramics while MetaSphere has developed an innovative, proprietary technology for the production of spherical metal powders, a material in high demand in growth industries such as additive manufacturing.
Hannes Snellman acted as counsel to Dr Fisher Farma B.V. on its acquisition of all the shares in Pharmachim AB. Pharmachim is one of the largest parallel importers of prescription pharmaceuticals in Sweden and a supplier to major pharmacy chains, the main Swedish pharmaceutical distributor Tamro and local health authorities. The deal is an important strategic move for Fisher Farma in the European market.
“Interpretation and Application of the Tax Avoidance Act”, a 198 page book (only available in Swedish), written by Specialist Partner Carl-Magnus Uggla and Senior Associate Christian Carneborn, has today been published by Wolters Kluwer/Norstedts Juridik and is already available in most online book stores.
Hannes Snellman joins the collaboration project “Leveling the playing field” that aims to promote female partners at Swedish law firms. The project was launched by the Stockholm Chamber of Commerce, Swedish Women in Arbitration Network (SWAN) and Wiminvest.
Read more about “Leveling the playing field”.
Hannes Snellman advises Certeum Corporation and its Board of Directors in relation to the sale of shares representing 57.5% of all shares 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.
Hannes Snellman acts as counsel to Alma Media Corporation (publisher of for instance Kauppalehti) in the exchange offer for the shares and options in Talentum Oyj (publisher of for instance Affärsvärlden). The exchange offer includes both share and cash components and the total value of the offer amounts to Eur 42.7 million.
Hannes Snellman acted as counsel to Niam in its acquisition of the Kaari shopping centre, the ninth largest shopping centre in Finland, and five freehold plots around the shopping centre. Additionally, the purchaser and the seller, Helsingin Osuuskauppa Elanto, agreed on long term leases of the seller's current premises in the shopping centre.
The transaction is the first 100% sale and purchase of a major shopping centre in Helsinki since 2008.