Hannes Snellman Counsel to Tokmanni in its Acquisition of Dollarstore

Hannes Snellman acted as counsel to Tokmanni in its acquisition of Dollarstore, one of the leading Swedish discount retail chains. 

Dollarstore is one of the largest discount retailers in Sweden, operating through approx. 130 stores across Sweden and two stores in Denmark. Dollarstore’s revenue totalled approximately EUR 394 million for the financial year ending on 31 January 2023. 

Tokmanni is Finland’s leading variety discount retailer, with a revenue of EUR 1,168 million in 2020. Tokmanni’s shares are listed on Nasdaq Helsinki.

Hannes Snellman’s cross-border team included Claes Kjellberg, Douglas Essehorn, Alexander Lindqvist, Tanja Schnitt, and Carl Tengblad (Private M&A), Mikael Stabo, Abiram Soma, and Angelica Bengtsson (Real Assets), Antti Kuha, Annemari Rosi, and Julius Lempiäinen (Public M&A), Elisabeth Vestin and Olof Östman (IP & Technology), Carolina Wahlby, Rezan Akkurt, and Sofia Granberg (Finance), and Peter Forsberg, Philip Thorell, and Sarah Ek (Competition & Procurement).