Languages

Finnish, English

A young man with light brown hair, wearing a dark suit and white dress shirt, stands smiling against an orange background. One hand is in his pocket while the other rests near his jacket button.

Niko Haarahiltunen

Associate Competition & Regulatory

A young man with light brown hair, wearing a dark suit and white dress shirt, stands smiling against an orange background. One hand is in his pocket while the other rests near his jacket button.

Languages

Finnish, English

Niko advises domestic and international clients on various aspects of EU and Finnish competition law, including merger control procedures, antitrust investigations, compliance issues, and proceedings before the competition authorities and courts.

He also provides advice on a range of regulatory issues, including foreign direct investment (FDI) screening and Foreign Subsidies Regulation (FSR).

Selected References

Parties:

Energy Fuels Inc. (Buyer), Ara Partners (Seller), Vacuumschmelze GmbH & Co. KG and its related group companies (VAC) (Target)

Transaction:

Hannes Snellman acted as Finnish counsel to Energy Fuels Inc. in the acquisition of Vacuumschmelze GmbH & Co. KG and its related group companies (VAC) from Ara Partners. Energy Fuels is a leading critical mineral company listed on the NYSE, focusing on the production of uranium, rare earth oxides, and medical isotopes.

The transaction comprises Energy Fuels’ acquisition of VAC for a total cash-and-stock consideration of approximately USD 1.9 billion. VAC is an advanced magnetics manufacturing company that specialises in permanent magnet solutions serving sectors such as the automotive, aerospace, defence, data centers, robotics, and semiconductors.

The transaction is expected to close in early 2027, subject to customary closing conditions and regulatory approvals.

Value:

USD 1.9 billion

Role:

Finnish Counsel to Energy Fuels

Contacts

Parties:

Trinax Group, Helix Kapital, Scudo Solutions Oy

Transaction:

Hannes Snellman advised Trinax Group, a Swedish software provider to the Nordic construction market, backed by Helix Kapital, in the acquisition of Scudo Solutions Oy. Scudo Solutions Oy is a Finnish technology company specialising in project cost management software and services.

Value:

Not public

Role:

Counsel to Trinax Group

Contacts

Parties:

KONE Corporation, TK Elevator (TKE)

Transaction:

Hannes Snellman is advising KONE Corporation on its proposed combination with TK Elevator (TKE), a global elevator and escalator leader, in a cash-and-share transaction valuing TKE at approximately EUR 29.4 billion. With its global reach, the transaction is the largest ever announced by a Finnish company. Upon completion, the combined company would become the world’s largest elevator manufacturer, shaping the future of the global elevator and escalator industry.

Value:

EUR 29.4 billion

Counsel to:

KONE Corporation

Contacts

Professional Background

  • Associate, Hannes Snellman, 2026–

Education

  • Master of Laws, University of Helsinki, 2025