Hannes Snellman Advises KONE in Landmark Transaction to Combine with TK Elevator (TKE) 

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. 

Our core team comprises Mikko Heinonen, Thomas Landell, Anniina Järvinen, Riikka Rannikko, Klaus Ilmonen, Jon Termonen, Agda Vähä‑Piikkiö, Viivu Kilkku, Johan Kontio, Jatro Pihlavamäki, Claes Backström, Tobias Palmgren, Samuel Åkerlund, Anni Ollus, and Hanna‑Mari Mudi (M&A and Corporate), Mikko Huimala, and Niko Haarahiltunen (Competition), Markus Bremer, Matias Moberg, Pauliina Sutinen, Ruusa Jumppanen, and Samuel Hardy (Finance), Sanna Honkinen, Anna Nyberg, and Annika Sillanpää (Employment), Heikki Vesikansa, Harri Vehviläinen, and Antti Louhivuori (Tax), Panu Siitonen, Axel Hård af Segerstad, and Hilma Mäkitalo‑Saarinen (IP & Tech), Minna Juhola (Real Estate, Environment), Ricardo Gomes (Dispute Resolution), and Emil Çevirel (Knowledge Management).