Antti Nyberg (Alanko)

Counsel to Aareal Bank in arranging a senior secured financing for NREP’s Noli Studios co-living premises in the Herttoniemi residential area of Helsinki.

Nordea Bank and LähiTapiola in the financing of the acquisition and establishment of Better Burger Society by Intera and NoHo Partners.

Parties

Solidium Oy

Transaction

Hannes Snellman acted as counsel to Solidium Oy in connection with the establishment of its new EUR 300 million revolving credit facility arranged by Danske Bank, Nordea Bank, and Skandinaviska Enskilda Banken

Deal Value

EUR 300 million

Role

Counsel to Solidium Oy

Counsel to lender in the financing and refinancing of the acquisition of the landmark office property Bulevardi 2 located in Central Helsinki.

Parties 

State of Finland and its Defence Forces

Transaction 

Counsel to the State of Finland and its Defence Forces in the project to procure a fighter aircraft system to replace its current fleet of 64 F/A-18 Hornet aircraft.

Deal value 

EUR 10 billion

Role 

Counsel to the State of Finland and its Defence Forces.

Parties

Nordea Bank Abp, Cervi Talotekniikka Oy (target), Intera Partners (buyer)

Transaction

Counsel to Nordea Bank Abp in the financing of acquisition of Cervi Talotekniikka Oy by Intera Partners.

Deal Value

Classified

Role

Counsel to Nordea Bank Abp

Parties

Nordea Bank Abp and LocalTapiola, Spinverse Oy (target), Evolver Equity (buyer)

Transaction

Counsel to Nordea Bank Abp and LocalTapiola in the financing of acquisition of Spinverse Oy by Evolver Equity

Deal Value

Classified

Role

Counsel to Nordea Bank Abp and LocalTapiola

Parties:

Verdane Capital, Lumene

Transaction:

The refinancing of Lumene

Deal Value:

Value not public

Role:

Counsel to Verdane Capital and Lumene

Parties

The German State (Buyer), Fortum Oyj (Seller), Uniper SE (Target)

Transaction 

Fortum Oyj’s arrangements related to stabilisation of its German subsidiary Uniper SE. The package will ensure multi-billion funding for Uniper, sale of Fortum’s shareholding in Uniper to the German State for approximately EUR 0.5 billion as well as repayment of Fortum’s EUR 4 billion receivables from Uniper and release of EUR 4 billion parent company guarantees.

Deal value 

Approx. EUR 4.5 billion

Role 

Finnish counsel to Fortum Oyj

Parties

Fortum Oyj, Uniper SE, Solidium Oy

Transaction 

Fortum Oyj’s EUR 2.35 billion bridge finance facility provided by the Finnish state-owned holding company Solidium Oy

Deal value 

Loan amount max. EUR 2.35 billion

Role 

Finnish counsel to Fortum Oyj

Parties

Orange Capital Partners (Buyer), Starwood Capital Group and Avara Oy (Sellers)

Transaction

Hannes Snellman acted as counsel to Orange Capital Partners in the acquisition of a residential portfolio of 2,200 apartments located across 16 cities from Starwood Capital Group and Avara Oy

Deal Value

Value not public

Role

Counsel to Orange Capital Partners

Parties

Nordea Bank Abp, Skandinaviska Enskilda Banken (publ), and VR-Group Ltd

Transaction

Hannes Snellman acted as counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ) in EUR 100 million term credit facility of VR-Group Ltd.

Deal Value

EUR 100 million

Role

Counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ)

Parties:

Mandatum Asset Management Ltd, NREP’s Noli Studios

Transaction:

Counsel to Mandatum Asset Management Ltd in arranging a senior secured financing for the acquisition of land and for the construction of NREP’s Noli Studios in Otaniemi, Espoo

Deal Value:

Value not public

Role:

Counsel to Mandatum Asset Management Ltd

Parties:

Esperi Care (target), Danske Bank, SEB, and Ilmarinen (majority owners), Triton (buyer)

Transaction:

Counsel to Esperi Care and its majority owners Danske Bank, SEB, and Ilmarinen in the acquisition of the majority of Esperi Care’s shares by Triton Smaller Mid Cap Fund II advised by Triton.

Deal Value:

Value not public.

Role:

Counsel to Esperi Care and its majority owners

Parties:

Ahlström Capital BV and Nidoco AB (buyers), Ahlstrom-Munksjö (seller), Decor Solutions business area (target)

Transaction:

The buying consortium comprising Ahlström Capital BV and Nidoco AB, in the investment in the majority share of Ahlstrom-Munksjö’s Decor Solutions business area.

Deal Value:

Value not public

Role:

Counsel to the buying consortium (Ahlström Capital BV and Nidoco AB)

Parties:

CapMan Real Estate (buyer), Goldman Sachs Asset Management and Cromwell Property Group (sellers)

Transaction:

The acquisition and financing of an office property portfolio from Goldman Sachs Asset Management and Cromwell Property Group.

Deal Value:

Value not public

Role:

Counsel to CapMan Real Estate.

Parties 

NREP (Buyer), a fund managed by Genesta (Seller)

Transaction 

Hannes Snellman acted as counsel to NREP in the financing and refinancing of the acquisition of the historic office property Bulevardi 21 located in Central Helsinki from a fund managed by Genesta.

Deal Value 

Value not public

Role

Counsel to NREP

Parties 

Areim, Valio Pension Fund

Transaction 

Acquisition of an office property, located in Helsinki at Kaikukatu 3 A, from Valio Pension Fund

Deal Value 

Value not public

Role

Counsel to Areim

Counsel to Eltel AB in financing agreement with banks comprising a EUR 35 million term loan and EUR 90 million revolving credit facility.

Parties 

IK Partners (Buyer), Intera Fund II Ky, Intera Fund III Ky, management and other minority shareholders (Sellers), Renta Group Oy (Target)

Transaction 

Intera Partners’ sale of Renta Group Oy to IK Partners

Deal Value 

Role

Counsel to Intera Partners

Counsel to Nordea Bank Abp in Financing the Acquisition of KaVo Treatment Unit & Instrument business (2020 turnover of approximately USD 317 million) by Planmeca Oy, a global leader in many fields of healthcare technology.

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

Parties

Nordea Bank Abp, Duell Bike-Center, Tecno Globe

Transaction

Counsel to Nordea Bank Abp in financing the acquisition of Tecno Globe by Duell Bike-Center, a portfolio company of Sponsor Capital, and the refinancing of existing financing of Duell Bike-Center

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Parties 

NEP Group, Inc. (a Carlyle Group portfolio company), Bright Group Oy (funds managed by CapMan Buyout)

Transaction 

Counsel to global event technology leader NEP Group, Inc., a Carlyle Group portfolio company, in the acquisition of Bright Group, a 360 supplier of live event services in Northern Europe with presence in Finland, Sweden, and Norway.

Deal Value 

Role

Counsel to NEP Group, Inc. (a Carlyle Group portfolio company)

Parties 

Areim (Buyer), Assai Commercial Oy (Seller), Office and retail property (Target)

Transaction 

Areim's acquisition of an office and retail property, located in Helsinki at Hämeentie 31

Deal Value 

Role

Counsel to Areim

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

Parties

Valmet, Neles

Transaction

Hannes Snellman acted as lead counsel to Valmet, a leading global developer and supplier of process technologies, automation, and services for the pulp, paper, and energy industries, in its merger with Neles, one of the leading providers of mission-critical flow control solutions and services for process industries in Finland. 

Deal Value

The combined value of the merging companies is approximately EUR 7 billion.

Role

Lead counsel to Valmet

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

Parties

Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, Skandinaviska Enskilda Banken (publ), and VR-Group Oy

Transaction

Hannes Snellman acted as counsel to Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, and Skandinaviska Enskilda Banken (publ) in EUR 200 million sustainability linked revolving credit facility of VR-Group Oy.

Deal Value

EUR 200 million

Role

Counsel to Nordea Bank Abp, Danske Bank A/S, Handelsbanken Capital Markets Svenska Handelsbanken AB (publ), OP Corporate Bank plc, and Skandinaviska Enskilda Banken (publ)

Parties

European Directories, Mandatum

Transaction

European Directories' EUR 40,000,000 private financing of European Directories BondCo S.C.A., a portfolio company of Triton Fund III. The financing was arranged by Mandatum Asset Management Ltd and certain other Sampo Group companies.

Deal Value

EUR 40,000,000

Role

Counsel to European Directories

Parties 

Sitowise Holding AB, TFIP

Transaction 

Sitowise in the Acquisition of TFIP

Value

Value not public

Role 

Counsel to Intera Partners backed Sitowise Holding AB

Parties

Valmet Corporation, Alfa Laval AB, Neles Corporation

Transaction

Counsel to Valmet Corporation in the EUR 1.73 bn public tender offer dated 13 July 2020 by Alfa Laval AB for all shares in Neles Corporation and the subsequent increase by Valmet of its shareholding in Neles to 29.5 %. Alfa Laval decided not to complete its offer on 3 November 2020.

Deal Value

EUR 1.73 billion

Role

Counsel to Valmet Corporation

Parties 

Nordea Bank Abp, Nordea Bank Abp, filial i Sverige, Danske Bank  A/S, Danske Bank  A/S, Finland Branch, Norvestor, PHM Holding Oy, Kotikatu Holding Oy

Transaction

Nordea Bank's and Danske Bank's EUR 195,000,000 senior loan financing supporting Norvestor together with PHM Group in the acquisition of Kotikatu Holding Oy

Deal Value

EUR 195 million

Role

Counsel to Nordea Bank Abp and Danske Bank A/S

Parties

Ahlstrom-Munksjö Oyj (target), a consortium consisting of Ahlström Capital, Bain Capital Private Equity, Viknum and Belgrano Inversiones (buyer)

Transaction

Recommended public cash tender offer for all shares in Ahlstrom-Munksjö Oyj by Spa Holdings 3 Oy

Deal value

Approximately EUR 2.1 billion

Role

Counsel to the consortium

Parties

Nykredit Realkredit A/S, Catella

Transaction

Counsel to Nykredit Realkredit A/S in refinancing of housing company portfolio located in the Helsinki region owned by Catella

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S

Parties

Nordea Bank Abp, PHM Holding Oy, Norvestor

Transaction

Nordea Bank Abp's financing of the acquisition of the majority of shares in PHM Holding Oy (PHM) by Norvestor

Deal Value 

Value not public

Role 

Counsel to Nordea Bank Abp

Parties

Remeo Oy 

Transaction

Counsel to Remeo Oy in refinancing of its existing financing and financing of new waste treatment facility in Långmossabergen

Deal Value

Value not public

Role

Counsel to Remeo Oy

Team

Antti Alanko, Mari Miettinen, Linda Launonen

Parties

Nordea Bank Abp, Areim

Transaction

Counsel to Nordea Bank Abp in financing the acquisition of a residential portfolio of 900 rental apartments from Ilmarinen by Areim

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Parties

Nordea Bank Abp, Evolver Equity Fund I, Micro Aided Design Oy, Arktis AS, Nolliplan AB

Transaction

Counsel to Nordea Bank Abp in financing the acquisitions of Micro Aided Design Oy, Arktis AS and Nolliplan AB by Evolver Equity Fund I

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Parties 

Sitowise Holding AB, Karlsson & Segelström Construct AB

Transaction

Sitowise Holding AB in the acquisition of Karlsson & Segelström Construct AB.

Deal Value 

Value not public 

Role

Counsel to Sitowise Holding AB

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.

Parties

Nykredit Realkredit A/S, Nykredit Bank A/S, Doric, Svenska Folkskolans Vänner R.F. foundation

Transaction

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S in financing the acquisition of a building in the center of Helsinki by Doric from Svenska Folkskolans Vänner R.F. foundation

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S

Parties

Nykredit Realkredit A/S, Nykredit Bank A/S, Areim, GE Healthcare Finland

Transaction

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S in financing the acquisition of an office building in Helsinki by Areim from GE Healthcare Finland

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S and Nykredit Bank A/S

Parties

Nordea Bank Abp, Relais Group, Aktiebolaget Reservdelar, Huzell I Karlstad Aktiebolag

Transaction

Counsel to Nordea Bank Abp in financing the acquisition of Aktiebolaget Reservdelar and Huzell I Karlstad Aktiebolag by Relais Group

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

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

Parties

OP Corporate Bank plc, Nordea Bank Abp, Normet Oy

Transaction

Counsel to OP Corporate Bank plc and Nordea Bank Abp in EUR 115 million refinancing of Normet Oy

Deal Value

EUR 115 million

Role

Counsel to OP Corporate Bank plc and Nordea Bank Abp

Parties

Nykredit Realkredit A/S, Niam, NCC Property Development, Suurpelto Center & Laajasalo Shopping Center

Transaction

Counsel to Nykredit Realkredit A/S in financing the acquisition of Suurpelto Center in Espoo and Laajasalo Shopping Center in Helsinki by Niam from NCC Property Development.

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S

Parties

Wereldhave N.V. (Seller), Morgan Stanley Real Estate Investing (MSREI) (Buyer)

Transaction

Wereldhave's divestment of the Itis shopping centre to a fund advised by Morgan Stanley Real Estate Investing (MSREI)

Deal Value

Approx. EUR 520 million

Role

Counsel to Wereldhave N.V.

Parties

Nykredit Realkredit A/S, Aberdeen Standard Investments, LähiTapiola

Transaction

Nykredit Realkredit's financing the acquisition of a portfolio of 824 apartments by Aberdeen Standard Investments from LähiTapiola

Deal Value

Value not public

Role

Counsel to Nykredit Realkredit A/S

Parties

Kildare Partners, Technopolis Plc

Transaction

Kildare Partners’ public tender offer for Technopolis Plc, a Finland-based listed company providing offices, coworking spaces and related services

Deal Value

EUR 729.7 million

Role

Counsel to Kildare Partners

Parties

Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch, Terrafame Ltd

Transaction

Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch provided EUR 130,000,000 Guarantee Facility to Terrafame Ltd, a Finnish multi-metal company, 2018

Deal Value

Value not public

Role

Counsel to Chubb European Group Limited, Branch in Finland, HCC International Insurance Company Plc and Liberty Mutual Insurance Europe Plc, Cologne Branch

Parties

Areim Fund III (Buyer), Avant Capital Partners, Varma Mutual Pension Insurance Company, EPISO 4 fund (Sellers)

Transaction

Areim Fund's acquisition of a portfolio of eight office properties from Avant Capital Partners, Varma Mutual Pension Insurance Company and EPISO 4 fund advised by Tristan Capital Partners

Deal Value

Value not public

Role

Counsel to Areim Fund III

Parties

IVG Polar Oy (Seller), Goldman Sachs and Cromwell Property Group (Buyers)

Transaction

IVG Polar Oy's divestment of an office portfolio with a lettable space of 132,000m² to Goldman Sachs and Cromwell Property Group

Deal Value

EUR 108.5 million

Role

Counsel to IVG Polar Oy

Parties

EQT Partners UK Advisors LLP, Biovian Oy and Keensight Capital’s investment

Transaction

Counsel to EQT Partners UK Advisors LLP in the financing of Keensight Capital’s investment in Biovian Oy

Deal Value

Value not public

Role

Counsel to EQT Partners UK Advisors LLP

Parties

Orion Corporation (Seller), Axcel Management A/S (Buyer), Orion Diagnostica Oy (Target)

Transaction

Orion Corporation's divestment of the diagnostics business unit Orion Diagnostica Oy to a private equity fund managed by Axcel Management A/S

Deal Value

Value not public

Role

Counsel to Orion Corporation

Parties

Counsel to Polygon AB (publ) and Triton

Transaction

Issue of a EUR 210 million rated senior secured bond and the entry into of a super senior RCF

Deal Value

EUR 210 million

Role

Counsel to Polygon AB (publ) and Triton

Parties

Nordea Bank AB (publ), CapMan Buyout X Fund, KotiSun Group Oy

Transaction

Nordea Bank AB (publ), Finnish Branch’s financing for the acquisition of KotiSun Group

Deal Value

Value not public

Role

Counsel to Nordea Bank AB (publ), Finnish Branch

Parties

Goldman Sachs International (Buyer), Sponda Oyj (Target)

Transaction

Hannes Snellman acted as counsel to Goldman Sachs International, as mezzanine arranger, of mezzanine credit facilities provided to Blackstone in connection with its public to private acquisition of Sponda Oyj

Deal Value

EUR 3.9 billion

Role

Counsel to Goldman Sachs International

Parties

Sampo plc, Terrafame Ltd

Transaction

Sampo plc's financing of Terrafame Ltd, a Finnish multi-metal company producing primarily nickel and zinc by bioheapleaching at its mine located in Sotkamo.

Deal Value

Value not public

Role

Counsel to Sampo plc

Parties

Nordea Bank AB (publ), Basware Oyj

Transaction

Nordea Bank AB's (publ) refinancing of Basware Oyj

Deal Value

Value not public

Role

Counsel to Nordea Bank AB (publ)

Parties

Rapala VMC Corporation

Transaction

Rapala VMC Corporation's hybrid bond issue.

Deal Value

EUR 25 million

Role

Rapala VMC Corporation

Parties

Wise Group (Buyer), Management and minority shareholders (Sellers), Sito Oy (Target)

Transaction

Combination of Wise Group and Sito Oy

Deal Value

Value not public

Role

Counsel to Wise Group

Parties

Barings Real Estate Advisers (Buyer), CapMan (Seller)

Transaction

The acquisition of Entresse shopping mall from CapMan, by a fund managed by Barings Real Estate Advisers

Deal Value

Value not public

Role

Counsel to Barings Real Estate Advisers

Parties

Intera Fund III Ky (Buyer), Management and minority shareholders (Sellers), Wise Group Finland Oy (Target)s

Transaction

Intera’s acquisition of majority ownership in Wise Group Finland Oy from the management and minority shareholders

Deal Value

Value not public

Role

Counsel to Intera

Parties

Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)

Transaction

Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group

Deal Value

Value not public

Role

Counsel to Hartwall Capital Oy Ab

Parties

Ahlstrom Capital Oy

Transaction

Ahlstrom Capital Oy's financing arrangements

Deal Value

Value not public

Role

Counsel to Ahlstrom Capital Oy

Parties

Equinix (Buyer), TelecityGroup (Target)

Transaction

Data centre operator Equinix’s GBP 2.3 billion offer for London-based rival TelecityGroup

Deal Value

GBP 2.3 billion

Role

Finnish counsel to Equinix

Local counsel in novation of leases and sale and transfer of Airbus A350-900 aircraft.

Parties

EQT Partners, debt fund

Transaction

Refinancing of Mikeva Group with a Finnish law governed unitranche financing structure

Deal Value

Value not public

Role

Counsel to EQT Partners

Parties

Cor Group Oy, Industry Investment, Norvestia Plc and acting management (Sellers), EQT MidMarket Limited Partnership (Buyer), Touhula Varhaiskasvatus Oy (Target)

Transaction

Cor Group Oy, Industry Investment, Norvestia Plc and acting management sold the leading Finnish private day care provider Touhula Varhaiskasvatus Oy to EQT MidMarket Limited Partnership.

Deal Value

Value not public

Role

Counsel to EQT

Parties

Niam

Transaction

The financing relating to Niam’s acquisition of the Kaari shopping centre

Deal Value

Value not public

Role

Counsel to Niam

Local counsel in sale and transfer of Airbus A319-112.

Local counsel in sale and transfer of three Embraer E190-100 aircrafts.

Parties

Sagax, Deutsche Pfandbriefbank

Transaction

Refinancing of Sagax

Deal Value

SEK 3.6 billion

Role

Counsel to Deutsche Pfandbriefbank

Parties

Ilmarinen and AMF (Buyer), Kesko (Seller and Co-Investor), 40 retail properties in Finland and Sweden (Target)

Transaction

JV between Kesko, Ilmarinen and AMF concerning the sale and leaseback of a portfolio of 40 retail properties in Sweden and Finland. Kesko continues as an owner of the portfolio, with AMF, Ilmarinen and Kesko having equal shares in the portfolio going forward.

Deal Value

EUR 652 million

Role

Counsel to Ilmarinen and AMF

Parties

Fingrid Oyj

Transaction

Fingrid Oyj's debt issuance programme

Deal Value

EUR 1,5 billion

Role

Counsel to the dealers and the trustee

Parties

Sappi Limited

Transaction

Sappi Limited's bond issue

Deal Value

EUR 450 million

Role

Local counsel to issuer

Counsel to Glaston Oyj in connection with its finance transaction.