Languages

Finnish, English, French

Annika Grönholm

Associate Competition & Regulatory

Languages

Finnish, English, French

Annika advises domestic and international clients on various aspects of EU and Finnish competition law, including merger control procedures, compliance issues, investigations, and proceedings before the competition authorities and courts. She also provides advice in a range of regulatory issues, including foreign direct investment (FDI) screening and Foreign Subsidies Regulation (FSR).

Selected References

Parties:

Morgan Stanley Real Estate Investing

Transaction:

Hannes Snellman acted for funds advised by Morgan Stanley Real Estate Investing in a formation of a joint venture that invests in residential properties in the Helsinki Metropolitan Area. The new venture has been launched with an initial acquisition of around 360 units across seven high-quality residential properties located in fast-growing areas within Helsinki, Espoo, and Vantaa, including four previously owned by Mandatum. The joint venture is looking to grow through more acquisitions going forward.

Value:

Not Public

Role:

Counsel to Morgan Stanley Real Estate Investing

Contacts

Parties:

Helen Oy, Väre Oy

Transaction:

Hannes Snellman advised Helen Oy in the acquisition of Väre Oy from Savon Voima Oyj, Kuopion Energia Oy, Alva-yhtiöt Oy, Lappeenrannan Energia Oy and Kymenlaakson Sähkö Oy. Väre is an energy service company serving consumer and business customers nationwide. Its business consists of electricity retail sales and other energy services that support the use of electricity.

Value:

Not public

Role:

Counsel to Helen Oy

Contacts

Parties:

Lassila & Tikanoja, Stena Recycling Oy

Transaction:

Lassila & Tikanoja’s acquisition of Stena Recycling Oy’s pallet business. The transaction was completed following an in-depth Phase II review by the Finnish Competition and Consumer Authority.

Deal Value:

Value not public

Role:

Counsel to Lassila & Tikanoja

Contacts

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. The transaction was completed after an in-depth Phase II review by the Finnish Competition and Consumer Authority.

Deal Value:

Value not public

Role:

Joint counsel to all parties

Contacts

  • Annika Grönholm

    Associate +358 44 253 5358 annika.gronholm@hannessnellman.com

  • Tuire Kuronen

    Partner +358 40 743 2313 tuire.kuronen@hannessnellman.com

  • Wilma Montonen

    Associate +358 44 030 5990 wilma.montonen@hannessnellman.com

  • Vivi Jaatinen

    Legal Assistant +358 40 821 5939 vivi.jaatinen@hannessnellman.com

  • Anna Nyberg

    Senior Associate +358 41 501 9395 anna.nyberg@hannessnellman.com

Counsel to Plantagen Finland’s bankruptcy estate, supporting the estate administrator in taking over the bankruptcy estate, realization of assets, managing the estate's premises, and general matters related to the bankruptcy process.

Contacts

Parties

YIT Oyj (Seller), Renta Oy (Buyer), YIT Kalusto Oy (Target)

Transaction

Sale of fleet and equipment business and related arrangements

Deal Value

EUR 37 million

Role

Counsel to YIT

 

Contacts

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

Contacts

  • Tuire Kuronen

    Partner +358 40 743 2313 tuire.kuronen@hannessnellman.com

  • Rebecca Osola

    Senior Legal Assistant +358 50 300 6172 rebecca.osola@hannessnellman.com

  • Emilia Reis

    Senior Legal Assistant +358 40 527 5584 emilia.reis@hannessnellman.com

  • Jesper Nevalainen

    Partner +358 40 582 7826 jesper.nevalainen@hannessnellman.com

  • Annika Grönholm

    Associate +358 44 253 5358 annika.gronholm@hannessnellman.com

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

Contacts

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

Contacts

Memberships and Positions of Trust

  • Secretary of the Finnish Competition Law Association

Professional Background

  • Associate, Hannes Snellman, 2023–

Education

  • Master of Laws, University of Helsinki, 2023

Publications

  • The Public Competition Enforcement Review, 2023