Languages

Finnish, English

Tommi Kovero

Senior Associate Corporate Advisory, Capital Markets, M&A

Languages

Finnish, English

Tommi advises domestic and international clients on M&A, capital markets, and corporate law related matters. He has experience from general M&A and complex equity capital markets transactions, including IPOs, public tender offers, and share offerings. During his career, Tommi has worked on many of the largest ECM transactions in Finland. In addition, he is experienced in corporate and securities law advisory.

Selected References

Parties

Citycon Oyj

Transaction

Citycon Oyj's EUR 48.2 million directed share issue

Deal Value

EUR 48.2 million

Role

Counsel to Citycon Oyj

Contacts

Parties

Faron Pharmaceuticals Ltd

Transaction

Hannes Snellman acted as counsel to Faron Pharmaceuticals Ltd in its public share offering of EUR 30.7 million and the preceding issuance of convertible capital loans in the total amount of EUR 3.2 million and a private placement of EUR 4.8 million. Faron Pharmaceuticals is a clinical-stage biopharmaceutical company focused on developing treatment of cancers via novel immunotherapies. Faron’s shares are listed on Nasdaq First North Growth Market Finland and as depositary interests, representing entitlements to shares, on AIM in the United Kingdom. The offering consisted of a public offering to private individuals and legal entities in Finland and an institutional offering to institutional investors internationally, and a separate open offer to qualifying holders of depositary interests in the United Kingdom and elsewhere and a retail offer to retail investors in the United Kingdom.

Deal Value

EUR 30.7 million

Role

Counsel to Faron Pharmaceuticals Ltd

Contacts

  • Riikka Rannikko

    Managing Partner +358 40 731 1611 riikka.rannikko@hannessnellman.com

  • Anniina Järvinen

    Partner +358 50 377 1177 anniina.jarvinen@hannessnellman.com

  • Tommi Kovero

    Senior Associate +358 40 523 9292 tommi.kovero@hannessnellman.com

  • Roope Sevón

    Associate +358 44 281 9880 roope.sevon@hannessnellman.com

  • Robert Gordin

    Senior Associate +358 44 079 9799 robert.gordin@hannessnellman.com

  • Sofi Lehtinen

    Associate +358 40 620 7199 sofi.lehtinen@hannessnellman.com

  • Aki Salmela

    Senior Associate +358 50 307 9056 aki.salmela@hannessnellman.com

  • Linnea Lehtonen

    Senior Associate +358 50 352 4855 linnea.lehtonen@hannessnellman.com

  • Josefina Aalto

    Counsel +358 50 505 7427 josefina.aalto@hannessnellman.com

  • Elisa Viiri

    Associate +358 40 574 9599 elisa.viiri@hannessnellman.com

  • Jenni Parviainen

    Managing Associate +358 40 808 6523 jenni.parviainen@hannessnellman.com

  • Anni Nohteri

    Legal Assistant + 358 40 682 2161 anni.nohteri@hannessnellman.com

  • Melisa Göllü

    Legal Assistant +358 40 612 6240 melisa.gollu@hannessnellman.com

Parties

Cargotec Corporation and Kalmar Corporation

Transaction

Cargotec’s partial demerger and separation of Kalmar

Deal Value

Approx. EUR 2.0 billion (illustrative carve-out sales)

Role

Counsel to Cargotec Corporation and Kalmar Corporation

Contacts

Parties:

Kemppi Group Oy, Kempower Corporation

Transaction:

Counsel to Kemppi Group Oy, the majority owner of Kempower Corporation, in the placing of 3.4 million shares in Kempower Corporation

Deal value:

EUR 102 million

Role:

Counsel to Kemppi Group Oy

Contacts

Parties:

Otava Ltd, Alma Media Corporation

Transaction:

Otava Ltd's mandatory public tender offer for Alma Media Corporation

Deal value: 

EUR 523.7 million

Role:

Counsel to Otava Ltd

Contacts

Parties

Citycon Oyj

Transaction

Counsel to Citycon Oyj in its tender offers of outstanding notes due 2024 of Citycon Treasury B.V. and capital securities issued by it in November 2019 and June 2021.

Deal value

Over EUR 40 million

Role

Counsel to Citycon Oyj

Contacts

Parties

Basware Corporation (target), a consortium consisting of Accel-KKR, Long Path Partners, and Briarwood Chase Management (buyer)

Transaction

Counsel to the offeror consortium of Accel-KKR, Long Path Partners, and Briarwood Chase Management in the tender offer for all outstanding securities in Basware Corporation.

Deal Value

EUR 620 million

Role

Counsel to the consortium

Contacts

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

Parties

Virala Acquisition Company Plc

Transaction

Hannes Snellman acted as legal counsel to Virala Acquisition Company Plc on its IPO and the listing of its Class C shares on the SPAC segment of the regulated market of Nasdaq Helsinki

Deal Value

EUR 107.5 million

Role

Counsel to Virala Acquisition Company 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

  • Tommi Kovero

    Senior Associate +358 40 523 9292 tommi.kovero@hannessnellman.com

  • Satu Kokko

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

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

Contacts

Memberships and Positions of Trust

  • Member of the Finnish Bar Association

Professional Background

  • Senior Associate, Hannes Snellman, 2024
  • Associate, Hannes Snellman, 2020

Education

  • Master of Laws, University of Helsinki, 2019
  • Bachelor of Science in Economics and Business Administration, Aalto University, 2019
  • NUS Business School, National University of Singapore, 2018