Languages

English, Finnish, Swedish

Jenni Heurlin

Managing Associate Competition & Regulatory

Languages

English, Finnish, Swedish

Jenni advises domestic and international clients on all aspects of EU and Finnish competition law, including merger control, compliance, investigations, proceedings before the competition authorities and courts, and state aid. Moreover, she advises companies in a range of regulatory issues, including foreign direct investment (FDI) screening and Foreign Subsidies Regulation (FSR).

In addition to private practice, Jenni has gained in-house counsel experience in competition law matters and the execution of competition law compliance programmes.

Selected References

Parties:

Aneo AS, Arise AB

Transaction:

Hannes Snellman acted as local counsel for Aneo AS in the recommended cash-based public offer to the shareholders of Arise AB which is listed on Nasdaq Stockholm. Arise is one of the leading independent companies in renewable energy in the Nordics.

Value:

The total value of the offer amounts to approximately SEK 1.8 billion.

Role:

Counsel to Aneo AS

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

Enity Holding AB (publ)

Transaction

Hannes Snellman acted as counsel to Enity Holding AB (publ) in connection with its initial public offering and listing on Nasdaq Stockholm.

Role

Counsel to Enity Holding AB (publ)

Contacts

Parties:

Valmet Automotive, the Finnish State, Pontos Group, Finnish Minerals Group, Varma Mutual Pension Insurance Company

Transaction:

Hannes Snellman advised Valmet Automotive in its comprehensive ownership and financing arrangement whereby the Finnish State becomes Valmet Automotive’s majority owner, with Pontos Group continuing as a minority owner, and in which Valmet Automotive’s IONCOR sub-group was divested to Finnish Minerals Group, Varma Mutual Pension Insurance Company, and Pontos Group.

Value:

Not public

Role:

Counsel to Valmet Automotive

Contacts

Parties:

DayOne

Transaction:

Hannes Snellman advised DayOne, a Singapore-based global data center developer and operator, on the development of a state-of-the-art hyperscale data center campus in Lahti, Finland. The aggregate investment is projected to amount to EUR 1.2 billion.

With a total potential capacity of 128 MW IT load, the project comprises a first building of 50 MW IT load. DayOne is also entering into a Growth Partnership Agreement with Lahti underscoring its long-term commitment to Finland’s digital and economic development.

Value:

EUR 1.2 billion

Role:

Counsel to DayOne

Contacts

Parties:

Fazer (Seller), Finnish Food Factory Oy (Buyer)

Transaction:

Hannes Snellman advises Fazer in the business transfer of gurt production to Finnish Food Factory. In connection with the business transfer, Finnish Food Factory becomes a contract manufacturer for Fazer gurts.

Deal Value:

Not public

Role:

Counsel to Fazer

Contacts

Parties:

ABO Energy, Fortum Oyj

Transaction:

Hannes Snellman advised ABO Energy on the disposal of a majority stake in its Finnish wind farm development pipeline to Fortum Oyj. The portfolio comprises approximately 4.4 GW of onshore wind power development projects at various stages.

Update 1 December 2025: The transaction, announced on 23 July 2025, has now been completed.

Deal Value:

Value not public

Role:

Counsel to ABO Energy

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:

Elisa Corporation, MPY Telecom Oy

Transaction:

Elisa Corporation's establishment of a joint venture with MPY Telecom Oy (backed by Infranode) in relation to construction of fibre network in Elisa’s network area.

Deal value:

Value not public

Role:

Counsel to Elisa Corporation

Contacts

Hannes Snellman acted as local counsel to SEB Nordic Energy's portfolio company, Locus Energy AB, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in the establishment of a partnership and cooperation framework with Ingrid Capacity to develop and construct a battery energy storage system (BESS) in the City of Nivala, Finland. Upon completion, this BESS will be the largest of its kind in Finland and one of the largest in the Nordics.

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

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

  • 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

Parties

Locus Energy Ab, SUSI Renewable Energy Fund II

Transaction

Hannes Snellman acted as counsel to Locus Energy Ab, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in its acquisition of portfolio of three operating Finnish wind farms from SUSI Renewable Energy Fund II. The wind farms Pirttiselkä, Leppävirta and Muntila consists of 13 wind turbine generators and contribute approximately 125 GWh in annual production.

Deal Value

Not public

Role

Counsel to Locus Energy Ab, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in its acquisition of portfolio of three operating Finnish wind farms from SUSI Renewable Energy Fund II

Contacts

  • Katja Heikkinen

    Specialist Partner +358 44 310 0290 katja.heikkinen@hannessnellman.com

  • Tapio Teräkivi

    Senior Partner +358 40 769 8273 tapio.terakivi@hannessnellman.com

  • Elisa Panula

    Senior Associate +358 50 917 6807 elisa.panula@hannessnellman.com

  • Silja Piironen

    Senior Associate +358 40 580 7175 silja.piironen@hannessnellman.com

  • Josefina Aalto

    Specialist Partner +358 50 505 7427 josefina.aalto@hannessnellman.com

  • Oona Aalto

    Associate +358 44 023 2073 oona.aalto@hannessnellman.com

  • Aleksi Maunumäki

    Associate +358 41 506 2267 aleksi.maunumaki@hannessnellman.com

  • Mikko Huimala

    Partner +358 44 530 0753 mikko.huimala@hannessnellman.com

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

  • Karoliina Kaartinen

    Legal Assistant +358 40 577 0425 karoliina.kaartinen@hannessnellman.com

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

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

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@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

If Livförsäkring AB (Buyer), Mandatum Life (Seller)

Transaction

If Livförsäkring AB's acquisition of a life insurance portfolio from Mandatum Life

Deal Value

EUR 17.5 million

Role

Counsel to If Livförsäkring AB

Contacts

Parties:

Esperi Care (target), Danske Bank, SEB, and Ilmarinen (majority owners), Triton (buyer)

Transaction:

Counsel to Esperi Care and its majority owners Danske Bank, SEB, and Ilmarinen in the acquisition of the majority of Esperi Care’s shares by Triton Smaller Mid Cap Fund II advised by Triton.

Deal Value:

Value not public.

Role:

Counsel to Esperi Care and its majority owners

Contacts

  • Antti Nyberg

    Partner +358 40 838 9375 antti.nyberg@hannessnellman.com

  • Matias Moberg

    Partner +358 40 867 4634 matias.moberg@hannessnellman.com

  • Emmi Kantola

    Managing Associate +358 40 086 5252 emmi.kantola@hannessnellman.com

  • Heikki Vesikansa

    Partner +358 40 844 2117 heikki.vesikansa@hannessnellman.com

  • Stefan Stellato

    Managing Associate +358 50 356 5566 stefan.stellato@hannessnellman.com

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

Parties 

Virala Acquisition Company Plc, Purmo Group Ltd

Transaction 

Virala Acquisition Company Plc's merger with Purmo Group Ltd.

Deal Value 

EUR 685 million

Role

Counsel to Virala Acquisition Company Plc

Contacts

Counsel to Altia in competition law risk assessment and compliance review.

Contacts

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

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

Contacts

  • Tapio Teräkivi

    Senior Partner +358 40 769 8273 tapio.terakivi@hannessnellman.com

  • Heidi Haanpää

    Partner +358 50 493 8834 heidi.haanpaa@hannessnellman.com

  • Katja Heikkinen

    Specialist Partner +358 44 310 0290 katja.heikkinen@hannessnellman.com

  • Julia Ranta

    Senior Associate +358 50 468 8309 julia.ranta@hannessnellman.com

  • Mikael Wood

    Senior Associate +358 45 7833 4708 mikael.wood@hannessnellman.com

  • Susanna Purovirta

    Managing Associate +358 50 536 4930 susanna.purovirta@hannessnellman.com

  • Mikko Huimala

    Partner +358 44 530 0753 mikko.huimala@hannessnellman.com

  • Heikki Majamaa

    Specialist Partner +358 44 544 2873 heikki.majamaa@hannessnellman.com

  • Ingrid Remmelgas

    Counsel +358 40 068 3879 ingrid.remmelgas@hannessnellman.com

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

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

Contacts

Parties

Valmet Corporation, Alfa Laval AB, Neles Corporation

Transaction

Counsel to Valmet Corporation in the EUR 1.73 bn public tender offer dated 13 July 2020 by Alfa Laval AB for all shares in Neles Corporation and the subsequent increase by Valmet of its shareholding in Neles to 29.5 %. Alfa Laval decided not to complete its offer on 3 November 2020.

Deal Value

EUR 1.73 billion

Role

Counsel to Valmet Corporation

Contacts

  • Antti Kuha

    Partner +358 40 775 7440 antti.kuha@hannessnellman.com

  • Antti Nyberg

    Partner +358 40 838 9375 antti.nyberg@hannessnellman.com

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

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

Contacts

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

Contacts

Comprehensive advice on the state aid law for the Prime Minister’s Office concerning the recapitalisation (rights offering) of the state-controlled airline Finnair Plc, including advise on the notification procedure before the European Commission. The rights offering of 500 MEUR is one of the largest rights offerings in Finland in recent years. The Commission’s decision in the case lead to amendments to the COVID-19 related State Aid Temporary Framework.

Contacts

  • Mikko Huimala

    Partner +358 44 530 0753 mikko.huimala@hannessnellman.com

  • Klaus Ilmonen

    Partner, Doctor of Laws +358 40 831 1868 klaus.ilmonen@hannessnellman.com

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

  • Antti Kuha

    Partner +358 40 775 7440 antti.kuha@hannessnellman.com

  • Satu Kokko

    Senior Associate +358 40 838 9157 satu.kokko@hannessnellman.com

Parties

Sanoma Media Finland Oy (Seller), Schibsted (buyer), Oikotie Ltd (target)

Transaction

The sale of Sanoma’s online classifieds business Oikotie to Schibsted

Deal value

EUR 185 million

Role

Counsel to Sanoma Group

Core team

Riikka Rannikko, Jesper Nevalainen, Mikko Huimala, Agda Vähä-Piikkö, Jenni Heurlin, Anton Pirinen

Contacts

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

Contacts

Rankings

  • Recognised as a key lawyer, EU & Competition, Legal 500, 2025
  • "The rising star is Jenni Heurlin.", EU and Competition, Legal 500, 2025
  • "Attract praise for her high standard of work." , EU and competition, Legal 500, 2019

Memberships and Positions of Trust

  • Member of the Board of the Finnish Competition Law Association, President (2023-2025), Vice President (2022–2023), Member of the Board (2020–2022), and Secretary (2018–2020)
  • Member of the Expert Group on Competition Law of the Finnish Bar Association, 2024–
  • Member of the International Competition Network’s (ICN) Merger Working Group
  • Secretary of the editorial board of the Finnish Competition Law Yearbook
  • Member of the Finnish Bar Association
  • Member of FIDE Finland
  • Member of the Finnish Economic Association

Professional Background

  • Managing Associate, Hannes Snellman, 2023–
  • Kesko Corporation (Secondment), 2022–2023
  • Senior Associate, Hannes Snellman, 2021
  • Associate, Hannes Snellman, 2017
  • DLA Piper Finland, 2017

Education

  • Master of Social Sciences (Economics), Åbo Akademi University, 2022
  • Master of Laws, University of Turku, 2017
  • University of Sheffield, United Kingdom, 2015

Publications

  • Luonnos uudeksi markkinamäärittelytiedonannoksi ja monisuuntaisten alustojen markkinamäärittely, Finnish Competition Law Yearbook 2022 (co-author)
  • Vertikaalisten sääntöjen päivittäminen nykyajan markkinatodellisuuteen, Finnish Competition Law Yearbook 2021 (co-author)
  • Tasa-arvo ja kilpailuoikeus, Finnish Competition Law Yearbook 2020 (co-author)
  • Vastuullisuus osana tehokkuuspuolustusta EU:n kilpailuoikeudessa, Defensor Legis 4/2020 (co-author)

Speaking Engagements

  • The Finnish Competition and Consumer Authority’s competition enforcement themed seminar, speaker, 2025
  • Alma Talent’s seminar on state aid and competition law (valtiontuet ja kilpailuoikeus), speaker, 2022–2024