Jenni Heurlin
Jenni Heurlin
Jenni Heurlin advises clients on all aspects of EU and Finnish competition law and state aid regulation, with a particular focus on merger control. She also advises companies in a range of regulatory issues, including Foreign Subsidies Regulation (FSR) as well as foreign direct investment (FDI) screening.
Jenni is also the President of the Finnish Competition Law Association.
EU and Competition
Attract praise for her high standard of work.
Legal 500, 2019
References
Parties
Locus Energy Ab, SUSI Renewable Energy Fund II
Transaction
Hannes Snellman acted as counsel to Locus Energy Ab, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in its acquisition of portfolio of three operating Finnish wind farms from SUSI Renewable Energy Fund II. The wind farms Pirttiselkä, Leppävirta and Muntila consists of 13 wind turbine generators and contribute approximately 125 GWh in annual production.
Deal Value
Not public
Role
Counsel to Locus Energy Ab, a long-term active owner and developer of local infrastructure for sustainable energy production in the Nordic region, in its acquisition of portfolio of three operating Finnish wind farms from SUSI Renewable Energy Fund II
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Katja Heikkinen
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Tapio Teräkivi
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Elisa Panula
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Silja Piironen
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Aleksi Maunumäki
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Josefina Aalto
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Oona Aalto
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Mikko Huimala
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Jenni Heurlin
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Karoliina Kaartinen
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
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Tuire Kuronen
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Rebecca Osola
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Emilia Reis
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Jenni Heurlin
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Annika Grönholm
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Jesper Nevalainen
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Lasse Riski
Parties
If Livförsäkring AB (Buyer), Mandatum Life (Seller)
Transaction
If Livförsäkring AB's acquisition of a life insurance portfolio from Mandatum Life
Deal Value
EUR 17.5 million
Role
Counsel to If Livförsäkring AB
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Heidi Haanpää
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Agda Vähä-Piikkiö
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Mikko Huimala
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Jenni Heurlin
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Piia Ahonen
Parties:
Cargotec Corporation, Konecranes Plc
Transaction:
The announced, but subsequently abandoned, merger of Cargotec and Konecranes in 2021-2022
Deal value:
Approx. EUR 2.7 billion
Role:
Counsel to Konecranes Plc
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Mikko Heinonen
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Sonja Siggberg
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Mikko Huimala
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Markus Bremer
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Jenni Heurlin
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Johanna Haltia-Tapio
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Ingrid Remmelgas
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Matias Moberg
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Riikka Kuha
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Agda Vähä-Piikkiö
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Linnea Lehtonen
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Pauliina Sutinen
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Jenni Parviainen
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Heikki Vesikansa
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
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Antti Nyberg
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Matias Moberg
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Emmi Kantola
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Heikki Vesikansa
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Stefan Stellato
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Jenni Heurlin
Parties
Altia Plc, Arcus ASA
Transaction
Merger of Altia Plc and Arcus ASA to form Anora Group
Deal value
Preliminary aggregated annual revenue EUR 640 million
Role
Lead counsel to Altia Plc
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Sonja Siggberg
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Klaus Ilmonen
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Anniina Järvinen
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Robert Gordin
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Mikko Huimala
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Essi Ellman
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Jenni Heurlin
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Heikki Vesikansa
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Harri Vehviläinen
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Isabella Kartila
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Markus Bremer
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Johanna Haltia-Tapio
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Panu Siitonen
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
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Sonja Siggberg
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Anniina Järvinen
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Linnea Lehtonen
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Tommi Kovero
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Tero Pikkarainen
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Heikki Vesikansa
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Stefan Stellato
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Isabella Kartila
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Antti Nyberg
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Pauliina Sutinen
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Axel Hård af Segerstad
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Wilhelm Sanmark
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Mikko Huimala
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Jenni Heurlin
Parties
Castellum, Kielo, Blackstone Tactical Opportunities, Brunswick Real Estate.
Transaction
Hannes Snellman acted as counsel to Castellum in its acquisition of property company Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate.
Deal Value
EUR 640 million
Role
Counsel to Castellum
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Tapio Teräkivi
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Heidi Haanpää
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Katja Heikkinen
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Julia Ranta
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Mikael Wood
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Susanna Purovirta
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Mikko Huimala
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Heikki Majamaa
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Ingrid Remmelgas
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Jenni Heurlin
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
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Mikko Heinonen
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Klaus Ilmonen
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Anniina Järvinen
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Agda Vähä-Piikkiö
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Jenni Heurlin
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Johanna Haltia-Tapio
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Satu Kokko
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
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Antti Kuha
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Antti Nyberg
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Jenni Heurlin
Counsel to Altia in competition law risk assessment and compliance review.
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Jenni Heurlin
Parties
Sanoma Media Finland Oy (Seller), Schibsted (buyer), Oikotie Ltd (target)
Transaction
The sale of Sanoma’s online classifieds business Oikotie to Schibsted
Deal value
EUR 185 million
Role
Counsel to Sanoma Group
Core team
Riikka Rannikko, Jesper Nevalainen, Mikko Huimala, Agda Vähä-Piikkö, Jenni Heurlin, Anton Pirinen
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Riikka Rannikko
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Jesper Nevalainen
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Mikko Huimala
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Agda Vähä-Piikkiö
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Jenni Heurlin
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.
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Mikko Huimala
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Klaus Ilmonen
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Jenni Heurlin
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Antti Kuha
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Tommi Kovero
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Satu Kokko
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
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Riikka Rannikko
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Mikko Huimala
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Jesper Nevalainen
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Agda Vähä-Piikkiö
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Jenni Heurlin
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
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Riikka Rannikko
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Johanna Haltia-Tapio
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Jenni Heurlin
Parties
Telia Company (Buyer), AinaGroup Oyj (Seller), AinaCom Oy (Target)
Transaction
Telia Company’s acquisition of AinaCom Oy from AinaGroup Oyj
Deal Value
Value not public
Role
Counsel to Telia Company
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Heidi Haanpää
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Riikka Kuha
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Jenni Heurlin
Parties
Lemminkäinen Corporation and YIT Corporation
Transaction
The combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger
Deal Value
EUR 771 million
Role
Counsel to Lemminkäinen
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Sonja Siggberg
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Mikko Heinonen
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Markus Bremer
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Heikki Vesikansa
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Johanna Haltia-Tapio
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Elina Toivakainen
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Laura Tavakka
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Heikki Majamaa
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Harri Vehviläinen
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Jenni Heurlin
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Stefan Stellato
Counsel to Kesko Corporation in securing unconditional merger control clearance from the Finnish Competition and Consumer Authority for its acquisition of Kalatukku E. Eriksson Ltd., a Finnish fish processor and wholesaler.
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Mikko Huimala
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Jenni Heurlin
Rankings
- "Attract praise for her high standard of work." , EU and competition, Legal 500, 2019
Memberships and Positions of Trust
- Member of the Competition Law Expertise Group of the Finnish Bar Association 2024–
- Member of the International Competition Network’s (ICN) Merger Working Group, 2024–
- President of the Finnish Competition Law Association, 2023–, previously vice president (2022–2023), member of the board (2020–2022), and secretary (2018–2020)
- Secretary of the Finnish Competition Law Yearbook, 2018–
- Member of the Finnish Bar Association
- Member of FIDE Finland
- Member of the Finnish Public Procurement Association
- Member of the Finnish Economic Association
Publications
- Luonnos uudeksi markkinamäärittelytiedonannoksi ja monisuuntaisten alustojen markkinamäärittely, Finnish Competition Law Yearbook 2022 (co-author)
- Vertikaalisten sääntöjen päivittäminen nykyajan markkinatodellisuuteen, Finnish Competition Law Yearbook 2021 (co-author)
- Tasa-arvo ja kilpailuoikeus, Finnish Competition Law Yearbook 2020 (co-author)
- Vastuullisuus osana tehokkuuspuolustusta EU:n kilpailuoikeudessa, Defensor Legis 4/2020 (co-author)
Education and Professional Background
- Managing Associate, Hannes Snellman, 2023–
- Corporate Counsel, Competition (Secondee), Kesko Corporation, 2022–2023
- Senior Associate, Hannes Snellman, 2021
- Associate, Hannes Snellman, 2017
- Associate, DLA Piper Finland, 2017
- Master of Social Sciences (Economics), Åbo Akademi University, 2022
- Master of Laws, University of Turku, 2017
- University of Sheffield, United Kingdom, 2015