M&A, Public
M&A, Public
Hannes Snellman is regarded as one of the premier law firms in the Nordic region, representing bidders and target boards as well as large shareholders in takeover situations. Public M&A transactions are generally of strategic importance, often involving complex corporate and disclosure issues; our lawyers have considerable experience working as international lead counsel and handling complex cross-border transactions. Also, our emphasis on teamwork makes it easier to draw on our specialists in other disciplines of law for the benefit of the Firm’s clients.
References
Parties
Proventus Capital Partners IV AB (publ), Ovzon AB
Transaction
Proventus Capital Partners IV AB (publ) in the debt financing of the Ovzon-3 Satellite
Deal Value
USD 60 million
Role
Lead counsel to Proventus Capital Partners IV AB (publ)

Fredrik Olsson

Mattias Friberg

Maria Orrgard

Khaled Talayhan

Sofia Bengtsson

David Smith
Parties
Mekonomen AB
Transaction
Mekonomen AB’s issue of senior unsecured bonds of SEK 1.25 billion
Deal Value
SEK 1.25 billion
Role
Legal advisor to Mekonomen AB

Paula Röttorp

Mattias Friberg

Maria Orrgard

Sanna Böris

Sofia Bengtsson

Marcus Lehtinen

Anton Eriksson
Parties
Vungle, Inc. (Buyer), GameRefinery Oy (Target)
Transaction
Vungle, Inc.’s acquisition of GameRefinery Oy
Deal Value
Value not public
Role
Counsel to Vungle, Inc.

Heidi Haanpää

Riikka Kuha

Agda Vähä-Piikkiö

Linnea Lehtonen

Heidi Kärki

Beata-Maria Pippingsköld

Amanda Blick

Jenni Parviainen

Matleena Pälve

Joakim Frände

Hanna Lindberg
Parties
Savaria Corporation, Handicare Group AB
Transaction
Savaria Corporation in Its Public Offer for Handicare Group AB
Deal value
The offer values Handicare at approximately SEK 2.9 billion
Role
Counsel to Davaria Corporation

Mattias Friberg

Ola Åhman

Sanna Böris

Marcus Lehtinen

Marc Tevell de Falck

Fredrik Olsson

Albert Danielsson

Peter Forsberg

Johan Holmquist

Sarah Ek

Itai Coleman

Sofia Widegren

Anna Bergström

Alexander Lindqvist

Jenny Lundberg
Parties
Oy Linde Gas Ab (Buyer), Neste Markkinointi Oy (Seller), Neste’s cylinder gas business and stake in Oy Innogas Ab (Targets)
Transaction
Oy Linde Gas Ab’s acquisition of Neste Markkinointi Oy’s cylinder gas business and Neste Markkinointi Oy's stake in Oy Innogas Ab, a provider of LPG cylinder filling, requalification and logistics services.
Value
Value not public
Role
Counsel to Oy Linde Gas Ab

Rabbe Sittnikow

Jesper Kostiainen

Janna Pihanurmi

Mikko Huimala

Laura Sainio

Jesper Nevalainen

Jenni Parviainen

Viivi Rousku

Johanna Haltia-Tapio

Klaus Metsä-Simola

Noora Britschgi
Parties
SpectrumOne AB, Eniro AB, and sellers Theodor Jeansson, MGA Placeringar AB, Hajskäret Invest AB, Martin Bjäringer, Thomas Krishan and Patrik Enblad.
Transaction
SpectrumOne on its acquisition of 28% the Shares in Eniro
Deal Value
Value not public
Role
Counsel to SpectrumOne AB

Mattias Friberg

Khaled Talayhan

Marc Tevell de Falck
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

Mikko Heinonen

Klaus Ilmonen

Anniina Järvinen

Kaisa Himmanen

Viola Valtanen

Agda Vähä-Piikkiö

Maria Wasastjerna

Jenni Heurlin

Laura Sainio

Meri Vanhanen

Henrik Hautamäki

Johanna Haltia-Tapio

Elisabeth Vestin

Satu Kokko
Parties
NP3 Fastigheter AB, AB Sagax
Transaction
NP3 Fastigheter AB on its joint venture with AB Sagax
Value
Value not public
Role
Counsel NP3 Fastigheter AB

Mattias Friberg

Khaled Talayhan

Emma Greiff

Mikael Stabo
Parties
Telia Finland (Seller) and AddSecure (Buyer)
Transaction
Telia Finland’s divestment of Telia Alerta business to AddSecure
Deal Value
Value not public
Role
Counsel to Seller/Telia Finland

Tuire Kuronen

Johannes Husa

Agda Vähä-Piikkiö

Riikka Kuha

Emma Swahne

Anton Pirinen

Mikko Huimala

Helena Lamminen

Marta Kauppinen

Outi Jousi

Eeva Tiainen
Parties
Telia Company (Seller), Polhem Infra (Buyer), Telia Carrier (Target)
Transaction
Telia Company’s divestment of Telia Carrier to Polhem Infra
Deal Value
SEK 9,450 million
Role
Finnish counsel to Telia Company

Tuire Kuronen

Johannes Husa

Agda Vähä-Piikkiö

Panu Vikberg

Netta Pitkämäki

Johanna Haltia-Tapio

Ingrid Remmelgas
Parties
TrønderEnergi AS, Scandinavian Biogas
Transaction
The Norwegian energy company TrønderEnergi has become the largest shareholder in Scandinavian Biogas, a leading producer of biogas in the Nordics.
Deal value
Value not public
Role
Swedsih counsel to TrønderEnergi AS

Johanna Wärnberg

Mikael Stabo

Peter Forsberg

Elisabeth Vestin

Mattias Friberg

Jenny Lundberg

Albert Danielsson

David Olander

Douglas Essehorn

Ebba Almén

Alexander Lindqvist

David Smith

Josephine Lindgren

Itai Coleman
Parties
Volati Hem och Beslag Finland Ab (Buyer), Pisla Group Oy (Seller), Pisla Oy (Target)
Transaction
Counsel to Volati Hem och Beslag Finland Ab in its acquisition of Pisla Oy from Pisla Group Oy
Deal Value
Value not public
Role
Counsel to Volati Hem och Beslag Finland Ab

Annika Schauman

Roosa Väre

Mikael Lustig

Anna Räty

Pauliina Sutinen

Susanna Hernberg

Matias Moberg

Laura Sainio

Anna Bergström

Harri Vehviläinen

Sten Olsson

Olli-Pekka Veranen
Parties
Paradigm Capital Value Fund SICAV, Internationella Engelska Skolan i Sverige Holdings II AB (“IES”)
Transaction
Counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
Deal Value
The offer values IES at approximately 3.3 Billion
Role
Counsel to Consortium Led by Paradigm Capital

Mattias Friberg

Ola Åhman

Christoffer Saidac

Sanna Böris

Khaled Talayhan

Marcus Lehtinen

Emma Greiff

Marc Tevell de Falck

Fredrik Olsson

Carolina Wahlby

Aina Renström

Rezan Akkurt

Peter Forsberg

David Olander
Parties
Altia Plc, Arcus ASA
Transaction
Merger of Altia Plc and Arcus ASA to form Anora Group
Deal value
Not public
Role
Lead counsel to Altia Plc

Sonja Siggberg

Klaus Ilmonen

Anniina Järvinen

Maisa Cederström

Henrik Hautamäki

Anton Karlais

Robert Gordin

Kaisa Himmanen

Ebba Almén

Mikko Huimala

Lauri Putkonen

Essi Ellman

Jenni Heurlin

Peter Forsberg

Johan Holmquist

Sarah Ek

David Olander

Frida Svensson

Heikki Vesikansa

Harri Vehviläinen

Isabella Kartila

Markus Bremer

Tuomas Toivonen

Sami Niemi

Aina Renström

Johanna Haltia-Tapio

Risto Ojakoski

Jenny Lundberg

Josephine Lindgren

Panu Siitonen

Sarita Schröder
Parties:
Cargotec Corporation, Konecranes Plc
Transaction:
Merger of Cargotec Corporation and Konecranes Plc
Deal value:
Approx. EUR 2.7 billion
Role:
Counsel to Konecranes Plc

Mikko Heinonen

Henrik Hautamäki

Sonja Siggberg

Outi Raitasuo

David Olander

Peter Forsberg

Mikko Huimala

Markus Bremer

Jenni Heurlin

Johanna Haltia-Tapio

Ingrid Remmelgas

Sini Paajanen

Matias Moberg

Riikka Kuha

Kaisa Himmanen

Agda Vähä-Piikkiö

Linnea Lehtonen

Maria Wasastjerna

Pauliina Sutinen

Jenni Parviainen

Heikki Vesikansa

Khaled Talayhan

Mattias Friberg

Marc Tevell de Falck

Carolina Lefort Ahokanto

Sarah Ek

Peppi Manninen
Parties
Magnesium Capital LLP, Rejlers Embriq AS, Rejlers Embriq AB, Rejlers AB (publ)
Transaction
Magnesium Capital LLP in the acquisition of Rejlers Embriq AS and Rejlers Embriq AB from Rejlers AB (publ). The acquisition was made by funds advised by Magnesium Capital LLP
Deal Value
Value not public
Role
Counsel to Magnesium Capital LLP

Claes Kjellberg

Ola Åhman

Fredrik Olsson

Johanna Wärnberg

Carolina Wahlby

Moa Fritzon Torbjelt

Ebba Almén

Julia Wegelius

Josephine Lindgren

David Smith

Linn Alfredsson

Jonas Sjöberg

Alexander Lindqvist

Itai Coleman
Parties
Valmet Oyj (Buyer), Solidium Oyj (Seller)
Transaction
Counsel to Valmet Oyj in the acquisition of future Neles Corporation from Solidium Oy, representing 14.88% of all Neles’ shares and votes.
Deal Value
EUR 179 million
Role
Counsel to Valmet Oyj

Johan Aalto

Lauri Marjamäki

Anna Sahrakorpi

Maria Wasastjerna
Parties
Verkkokauppa.com Oyj
Transaction
Verkkokauppa.com Oyj's listing on the official list of Nasdaq Helsinki on 5 June 2020
Deal Value
Value not public
Role
Counsel to Verkkokauppa.com Oyj

Klaus Ilmonen

Anniina Järvinen

Elina Toivakainen

Anton Karlais

Robert Gordin

Tommi Kovero
Parties
Vida AB, Bergs Timber AB (publ)
Transaction
Vida AB in the Acquisition of Bergs Timber AB’s (publ) Swedish Sawmill Business
Deal Value
SEK 400 million
Role
Counsel to Vida AB

Mikael Klang

Johanna Wärnberg

Nicole Jerad

Douglas Essehorn

Jenny Lundberg

Josephine Lindgren

Peter Forsberg

David Olander

Mattias Friberg
Parties
City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II
Transaction
The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres
Deal Value
Approx. EUR 300 million
Role
Counsel to City of Espoo
Team
Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér

Rabbe Sittnikow

Jussi Ekonen

Janna Pihanurmi

Janne Veneranta

Roosa Väre

Markus Bremer

Maria Landtman

Samuli Pirinen

Heikki Vesikansa

Harri Vehviläinen

Piia Ahonen

Joakim Lavér
Parties
Oasmia Pharmaceutical AB, Elevar Therapeutics Inc
Transaction
Advised Oasmia Pharmaceutical AB, listed on Nasdaq Stockholm, Mid Cap, on corporate, disclosure, governance and due diligence matters in connection with Oasmia entering a global strategic partnership with US based Elevar Therapeutics Inc. Hannes Snellman has in this connection also assisted Oasmia and its global/US pharmaceutical counsel.
Deal Value
Value not public
Role
Advised Oasmia Pharmaceutical AB

Christoffer Saidac

Mattias Friberg

Khaled Talayhan

Emma Greiff
Parties
ABB and Hitachi
Transaction
Sale of ABB’s Power Grids business to Hitachi
Deal Value
Enterprise Value of USD 11 billion for 100% of Power Grids
Role
Finnish Counsel to ABB

Heidi Haanpää

Agda Vähä-Piikkiö

Klaara Lähteenoja

Johanna Haltia-Tapio

Ella Hiltunen
Parties
ABB and FIMER S.p.A
Transaction
Sale of ABB’s solar inverter business to FIMER S.p.A
Deal Value
Value not public
Role
Finnish Counsel to ABB

Heidi Haanpää

Agda Vähä-Piikkiö

Klaara Lähteenoja

Johanna Haltia-Tapio

Annakaisa Sutinen
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

Riikka Rannikko

Mikko Huimala

Jesper Nevalainen

Suvi-Tuuli Saarnio

Agda Vähä-Piikkiö

Jenni Heurlin

Carolina Lefort Ahokanto
Parties
Quest Diagnostics Incorporated (Buyer), Shareholders of Blueprint Oy (Sellers), Blueprint Genetics Oy (Target)
Transaction
The sale of Blueprint Genetics’ entire share capital to Quest Diagnostics
Deal Value
Value not public
Role
Counsel to Blueprint Genetics and its owners

Sten Olsson

Olli-Pekka Veranen

Roosa Väre

Karoliina Kyläkoski

Johanna Haltia-Tapio

Jenni Parviainen
Parties
Smartly.io Solutions Oy and its owners, Providence Equity Partners
Transaction
Counsel to Smartly.io and its owners in the sale of a majority stake to Providence Equity Partners
Deal Value
EUR 200 million
Role
Counsel to Smartly.io Solutions Oy and its owners

Sten Olsson

Annika Schauman

Olli-Pekka Veranen

Emmi Kantola

Jesper Nevalainen

Jenni Parviainen
Parties
EQT Fund VIII (Buyer), Agilitas Private Equity and other shareholders (Sellers), Recover Nordic (Target)
Transaction
EQT’s acquisition of Recover Nordic
Deal Value
Value not public
Role
Finnish counsel to EQT Fund VIII

Sten Olsson

Jesper Kostiainen

Annika Schauman

Mikael Lustig

Heidi Kärki

Beata-Maria Pippingsköld
Parties
Searchlight Capital Partners (co-bidder), Lothar Geilen (co-bidder), Opus Group AB (target)
Transaction
Public cash offer for all shares in Opus Group AB by Searchlight Capital Partners and Lothar Geilen
Deal Value
Approximately SEK 2.47 billion
Role
Counsel to Lothar Geilen

Mattias Friberg

Claes Kjellberg

Khaled Talayhan
Parties
FSN Capital, eCraft, Orango, Fellowmind
Transaction
Fellowmind, eCraft and Orango merge to create European Microsoft Business Applications platform
Deal Value
Value not public
Role
Counsel to eCraft and its owners

Mikko Heinonen

Johannes Husa

Kaisa Himmanen

Heikki Vesikansa

Beata-Maria Pippingsköld

Anna Räty
Parties
Vitrulan Composites Oy (Buyer); Ahlstrom-Munksjö Oyj (Seller); Glass fiber reinforcement business (Target)
Transaction
Ahlstrom-Munksjö has agreed to sell its glass fiber reinforcement business in Mikkeli, Finland, to Vitrulan Composites Oy
Deal Value
EUR 6.5 million
Role
Counsel to Ahlstrom-Munksjö Oyj

Johan Aalto

Henrik Hautamäki
Parties
Outotec Oyj, Metso Corporation
Transaction
The combination of Outotec and Metso Minerals through a demerger
Deal Value
EUR 3.9 billion (illustrative combined sales)
Role
Counsel to Outotec Oyj

Mikko Heinonen

Klaus Ilmonen

Outi Raitasuo

Markus Bremer

Peter Forsberg

Anna-Maria Tamminen

Heikki Vesikansa

Maria Wasastjerna

Johanna Haltia-Tapio

Laura Kotilainen

Elina Toivakainen

Jenni Parviainen

Annemari Rosi

Samuli Pirinen

Emmi Kantola

Taina Metso

Anna Sahrakorpi

Anton Karlais

Henrik Hautamäki

Ina Rautiainen

Stefan Stellato

Johan Holmquist

Maria Landtman

David Olander

Itai Coleman

Sarah Ek

Nathalie Miskin

Frida Svensson

Ammar Khan

Marcus Nyberg

Victor Bjerselius
Parties
Marrone Bio Innovations, Inc. (Buyer), shareholders of Pro Farm Technologies Oy (Sellers), Pro Farm Technologies Oy (Target)
Transaction
Marrone Bio Innovations, Inc., an international leader in sustainable bioprotection and plant health solutions, acquired Pro Farm Technologies Oy, a Finnish agriculture technology company supplying nutrient and biostimulant technology and products
Deal Value
USD 31.8 million
Role
Counsel to Marrone Bio Innovations, Inc.

Tuire Kuronen

Riikka Kuha

Tero Pikkarainen

Antti Alanko

Matias Moberg

Pauliina Sutinen

Heikki Vesikansa

Panu Siitonen

Beata-Maria Pippingsköld

Johanna Haltia-Tapio

Heidi Kärki

Klaus Metsä-Simola

Noora Britschgi
Parties
Peab AB (Buyer), YIT Corporation (Seller), YIT’s Nordic paving and mineral aggregates businesses (Targets)
Transaction
YIT’s sale of its Nordic paving and mineral aggregates businesses in Finland, Sweden, Norway and Denmark to Peab
Deal Value
EUR 280 million
Role
Counsel to YIT Corporation

Mikko Heinonen

Jesper Kostiainen

Suvi-Tuuli Saarnio

Kaisa Himmanen

Jesper Nevalainen

Klaus Metsä-Simola

Heikki Vesikansa

Harri Vehviläinen

Markus Bremer

Ninja Pyy

Emmi Kantola

Johanna Haltia-Tapio

Klaara Lähteenoja

Toni Malminen

Jenny Lundberg

Janna Pihanurmi
Parties
Tieto Corporation, EVRY ASA
Transaction
The combination of Tieto and EVRY through a cross-border merger
Deal Value
Value not public
Role
Counsel to EVRY ASA

Klaus Ilmonen

Outi Raitasuo

Elisabeth Vestin

Anna Ribenfors

Riikka Kuha

Annika Schauman

Stefan Stellato
Parties
NEP Group (Bidder), HDR Sweden (Target)
Transaction
NEP Group in its acquisition of HDR Sweden, a company specialised in full-service production within the live sports, entertainment and broadcast markets in Sweden, Norway, Denmark and Finland
Deal Value
Value not public
Role
Counsel to NEP Group

Claes Kjellberg

Peter Forsberg

Moa Fritzon Torbjelt

Nicole Jerad

David Olander

Jonas Sjöberg

Anna Bergström

Douglas Essehorn

Ninja Pyy

Jenny Lundberg
Parties:
Transaction:
Deal value:
HS role:

Johanna Wärnberg

Douglas Essehorn

Anna Bergström

Rezan Akkurt

Julia Wegelius
Parties
Vaaka Partners, Lyyti
Transaction
Vaaka Partners' acquisition of Lyyti
Deal Value
Value not public
Role
Counsel to Vaaka Partners

Sten Olsson

Olli-Pekka Veranen

Mikael Lustig

Emmi Kantola

Senni Mäki-Hallila

Heidi Kärki
Parties
Calabrio Sweden AB (Buyer), HoldIT Communication AB (Seller), Teleopti (Target)
Transaction
Calabrio, a portfolio company of KKR, in its acquisition of Teleopti, a global provider of cloud-based workforce management (WFM) software
Deal Value
Value not public
Role
Counsel to Calabrio

Claes Kjellberg

Fredrik Olsson

Jonas Sjöberg

Aina Renström

Josephine Lindgren

Anna Bergström

Sara Heikfolk

Douglas Essehorn

Jenny Lundberg
Parties
Fazer Food Services, Compass Group PLC
Transaction
Fazer Group in its divestment of Fazer Food Services to Compass Group PLC
Deal Value
EUR 475 million
Role
Counsel to Fazer Group

Richard Åkerman

Riikka Rannikko

Ammar Khan

Jonas Sjöberg

Nicole Jerad

Moa Fritzon Torbjelt

Sini Paajanen

Johanna Haltia-Tapio

Jenny Lundberg

Josephine Lindgren

Jenni Heurlin

Julia Wegelius
Parties
Ramirent Plc, Loxam S.A.S.
Transaction
Recommended public cash tender offer for Ramirent Plc by Loxam S.A.S.
Deal Value
EUR 970 million
Role
Counsel to Ramirent Plc

Johan Aalto

Anna Sahrakorpi

Heidi Haanpää

Sini Paajanen

Toni Malminen
Parties
Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, Kruunuvuoren Satama Oy
Transaction
A series of transactions, whereby Ilmarinen, Kesko, and Kesko Pension Fund, among other things, dissolve their joint ownership of Kruunuvuoren Satama and Ilmarinen acquires all 3,438,885 Kesko A shares held by Kruunuvuoren Satama.
Deal Value
EUR 164 million
Role
Counsel to Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, and Kruunuvuoren Satama Oy

Tuire Kuronen

Klaus Ilmonen

Mikko Heinonen

Heikki Vesikansa

Harri Vehviläinen

Mikko Huimala

Tero Pikkarainen
Parties
Byggnadstekniska Byrån Sverige AB (Target), Sitowise Holding AB (Buyer), Byggnadstekniska Byrån Mosebacke AB (Seller)
Transaction
Intera Partners backed Sitowise Oy in the Acquisition of Byggnadstekniska Byrån Sverige AB
Deal Value
Value not public
Role
Counsel to Intera Partners

Claes Kjellberg

Antti Alanko

Carolina Wahlby

Olli-Pekka Veranen

Jonas Sjöberg

Anna Bergström

Douglas Essehorn

Matias Moberg

Mari Miettinen

David Smith

Linn Alfredsson

Josephine Lindgren

Jenny Lundberg

Roosa Väre
Parties
Stirling Square Capital Partners LLP (Buyer), Logent Group (Target), Adelis Equity Partners (Sellers)
Transaction
Stirling Square Capital Partners LLP in the Acquisition of Logent Group from Adelis Equity Partners.
Deal Value
Value not public
Role
Counsel to Stirling Square Capital Partners LLP
