Languages

English, Finnish

Assistant

Vivi Jaatinen

Tuire Kuronen

Partner M&A, Joint Ventures & Commercial Cooperation, Corporate Advisory

Languages

English, Finnish

Assistant

Vivi Jaatinen

Tuire specialises in mergers and acquisitions, both domestic and cross-border, with a special focus on carve-outs, joint ventures, and long-term contractual and commercial arrangements. She has over 25 years of experience in transactional work in Finland and New York, including auction processes, bilateral processes, cross-border mergers, and demergers, but also private equity and equity investments. Moreover, she advises clients on corporate advisory, general contract law, and foreign direct investment screening. Tuire has special industry expertise in circular economy, waste management, forestry, data center, telecommunication, and healthcare sectors.

 

Selected References

Parties:

ABB Switzerland Ltd.

Transaction:

ABB Switzerland Ltd. investment in project company Arctial

Deal value:

Value not public

Role:

Counsel to ABB Switzerland Ltd.

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

  • Lasse Riski

    Specialist Partner +358 50 571 0749 lasse.riski@hannessnellman.com

  • Anna Nyberg

    Senior Associate +358 41 501 9395 anna.nyberg@hannessnellman.com

Hannes Snellman acted as the Finnish counsel to Bauer Media Group, a leading European media business including print and online publishing, audio broadcasting, and entertainment, in its acquisition of Clear Channel Europe-North, a significant out-of-home media sector player, including a Finnish entity Clear Channel Suomi Oy. The acquisition extends Bauer Media Group’s European reach and strengthens its core media-related businesses.

Contacts

Parties

Trelleborg AB, BP-Tech Group Oy

Transaction

Trelleborg AB acquires BP-Tech Group Oy

Deal value

Value not public

Role

Counsel to Trelleborg AB

Contacts

Parties

TRP Hungary (Buyer), Bankruptcy Estate of KymiRing Oy (Seller), The KymiRing motor track (Target)

Transaction

Counsel to TRP Hungary in the acquisition of the KymiRing motor track from the bankruptcy estate of KymiRing Oy.

Deal Value

Value not public

Role

Counsel to TRP Hungary

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

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

  • Lasse Riski

    Specialist Partner +358 50 571 0749 lasse.riski@hannessnellman.com

  • Annika Grönholm

    Associate +358 44 253 5358 annika.gronholm@hannessnellman.com

Parties:

Recover Group (Seller), Mutares Holding-69 GmbH (Buyer), Recover Nordic Oy (Target)

Transaction:

Divestment of Recover Nordic Oy

Deal value:

Value not public

Role:

Counsel to Recover Group

Contacts

  • Tuire Kuronen

    Partner +358 40 743 2313 tuire.kuronen@hannessnellman.com

  • Susanna Purovirta

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

  • Agda Vähä-Piikkiö

    Senior Associate +358 50 594 6016 agda.vaha-piikkio@hannessnellman.com

  • Lasse Riski

    Specialist Partner +358 50 571 0749 lasse.riski@hannessnellman.com

  • Emilia Reis

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

  • Rebecca Osola

    Senior Legal Assistant +358 50 300 6172 rebecca.osola@hannessnellman.com

Parties:

Masco Corporation (Buyer), Nordic Mezzanine and other Sauna360 Group Oy’s shareholders (Sellers), Sauna360 Group Oy (Target)

Transaction:

Acquisition of Sauna360 Group Oy

Deal value:

Value not public

Role:

Finnish and Swedish Counsel to Masco Corporation

Contacts

Parties:

Thome Group, OSM Maritime Group

Transaction: 

Merger of Thome Group and OSM Maritime Group

Value:

Value not public

Role:

Finnish counsel to Thome Group Holding Limited

Contacts

Parties:

Metsähallitus, Vattenfall

Transaction:

Counsel to the Finnish state enterprise Metsähallitus in the joint venture entered into with Vattenfall concerning Finland’s first large-scale offshore wind farm. Our assignment, commenced in 2021, entailed all legal aspects of the structured sales process followed by the creation of the joint venture and the contractual framework steering the development.

Deal Value: 

Value not public

Role:

Counsel to Metsähallitus

Contacts

Parties

A consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital (buyer), Caverion Oyj (Target)

Transaction 

Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital in the recommended public cash tender offer for all shares in Caverion Oyj.

Deal value 

EUR 955 million

Role 

Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital

Contacts

Parties

Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, other sellers (Sellers), Stena Recycling Oy (Buyer), Encore Ympäristöpalvelut Oy (Target)

Transaction

Sale of Encore Ympäristöpalvelut Oy to Stena Recycling Oy

Deal Value

Value not public

Role

Counsel to Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, and other sellers

Contacts

Parties

Digital 9 Infrastructure plc (Buyer), Pontos Oy, Taaleri Datacenter Ky, other sellers (Sellers), Ficolo Oy (Target)

Transaction

Sale of Ficolo Oy to Digital 9 Infrastructure plc

Deal Value

EUR 135 million

Role

Counsel to Pontos Oy, Taaleri Datacenter Ky, and other sellers

 

Contacts

  • Tuire Kuronen

    Partner +358 40 743 2313 tuire.kuronen@hannessnellman.com

  • Satu Kokko

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

  • Jesper Nevalainen

    Partner +358 40 582 7826 jesper.nevalainen@hannessnellman.com

  • Anna Nyberg

    Senior Associate +358 41 501 9395 anna.nyberg@hannessnellman.com

  • Julia Ranta

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

  • Mikko Huimala

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

Parties 

Chevron Global Energy Inc (Buyer), Neste Corporation (Seller), NEXBASE™ brand and associated base oils business (Target)

Transaction 

Finnish counsel to Chevron Global Energy Inc, a wholly-owned subsidiary of Chevron Corporation, in the acquisition of the NEXBASE™ brand and associated base oils business from Neste Corporation

Deal Value 

Value not public

Role

Finnish counsel to Chevron Global Energy Inc

Contacts

Parties 

Angel Pond Holdings Corporation, MariaDB Corporation Ab

Transaction 

Combination of Angel Pond Holdings Corporation and MariaDB Corporation Ab by way of a domestication merger and cross-border merger, and related transactions

Deal Value 

USD 672 million (implied enterprise value of the combined company)

Role

Finnish counsel to Angel Pond Holdings Corporation

Contacts

Parties
Lassila & Tikanoja plc (JV shareholder), Neova Oy (JV shareholder), L&T Biowatti Oy (joint venture company)

Transaction
Counsel to Lassila & Tikanoja plc, a service company that is putting the circular economy into practice, in creating a joint venture with Neova Oy consolidating the parties’ energy wood businesses in Finland and Estonia. The joint venture’s turnover is approximately EUR 100 million and it employs approximately 100 employees.

Deal Value
Not disclosed

Role
Legal counsel to L&T plc

Contacts

Parties

Tencent (Investor), Vitruvian Partners (Co-Investor), Enfuce Financial Services Oy (Target)

Transaction

Counsel to Tencent in its further investment in Enfuce Financial Services, a leading European Card-as-a-Service (CaaS) platform for modern card issuing and processing, in connection with a EUR 45 million Series C investment round

Deal Value

EUR 45 million

Role

Counsel to Tencent

Contacts

Parties 

Landis+Gyr (Buyer), Telia Finland (Seller), Telia AMR Business (Target)

Transaction 

Telia Finland’s sale of Telia AMR Business to Landis+Gyr

Deal Value 

Value not public

Role

Counsel to Telia Finland (Seller)

Contacts

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

Contacts

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

Contacts

Rankings

  • Recognised as Highly Regarded in M&A, IFLR1000, 2024
  • “Tuire Kuronen is excellent in M&A transactional work.” Commercial, Corporate and M&A, Legal500, 2023
  • “Knowledgeable and focused.” Financial and corporate, IFLR1000, 2021
  • Ranked as a Highly regarded lawyer, Finland: M&A, IFLR1000, 2018–2021

Memberships and Positions of Trust

  • Member of the Finnish Bar Association
  • Member of the New York Bar
  • Member of the Finnish Corporate Law Association (Suomen yhtiöoikeusyhdistys ry)

Professional Background

  • Partner, Hannes Snellman, 2012–
  • Foreign Associate, Cravath, Swaine & Moore LLP, New York, 2007–2008
  • Senior Associate, Hannes Snellman, 2004–2012
  • Associate, Hannes Snellman, 2000–2004

Education

  • LL.M. (Corporate), New York University School of Law, 2007
  • Master of Laws, University of Helsinki, 2000