Mikko Heinonen
Mikko Heinonen
Mikko's practice focuses on various forms of corporate transactions, finance advisory, and securities regulation. He frequently provides advice regarding governance, finance, and transactional matters to corporations and their boards. Mikko has also advised many industrial and technology companies in restructuring and insolvency situations and has considerable experience in public takeovers and cross-border transactions, including some of the largest transactions in the Nordic market.
Mikko is entrusted with non-executive board memberships in various companies and charitable organisations.
Mikko is a frequent speaker at university lectures and seminars and has particular interest in university alumni activities. He currently serves as the chairman of the Turku University Foundation.
Mikko is also qualified to practice in the State of New York.
Precise and accurate advice on matters with a very strategic and tactical approach.
IFLR1000, 2022
References
Parties:
Uponor Corporation (target), Georg Fischer Ltd (buyer)
Transaction:
Counsel to Uponor Corporation in the recommended public cash tender offer by Georg Fischer Ltd to purchase all of the issued and outstanding shares of Uponor Corporation.
Value:
EUR 2.1 billion
Role:
Counsel to Uponor Corporation

Mikko Heinonen

Klaus Ilmonen

Sonja Siggberg

Aki Salmela

Jon Termonen

Viola Karjalainen

Roope Sevón

Wilma Montonen

Mikko Huimala

Päivi Tammilehto

Helena Lamminen

Essi Ellman

Sofia Saarelainen

Annika Grönholm

Heikki Vesikansa

Jenni Parviainen

Isabella Kartila

Tuomas Toivonen

Melisa Göllü

Janika Vallila

Monika Parkkinen

Anni Nohteri
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

Mikko Heinonen

Anniina Järvinen

Tommi Kovero

Samuel Åkerlund

Julius Lempiäinen

Mikko Huimala

Helena Lamminen

Markus Bremer

Josefina Aalto

Karoliina Kaartinen
Parties
Sampo plc
Transaction
Counsel to Sampo plc on its dual listing of its Class A shares on Nasdaq Stockholm in the form of Swedish Depository Receipts
Deal Value
Market capitalisation of approximately EUR 24.7 billion as of 31 October 2022
Role
Counsel to Sampo plc

Mattias Friberg

Mikko Heinonen

Khaled Talayhan

Gabriella Fredlund

Anton Eriksson

Robert Gordin

Marcus Lehtinen

Heikki Vesikansa

Jenni Parviainen

Sofia Ampuja

Jari Tukiainen

Joel Montin
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

Mikko Heinonen

Klaus Ilmonen

Anniina Järvinen

Marcus Lehtinen

Aki Salmela

Tuire Kuronen

Riikka Kuha

Heikki Vesikansa

Harri Vehviläinen

Ilmari Mäkimattila

Stefan Stellato

Helena Lamminen

Laura Sainio

Tuomas Toivonen
Parties
SARC Architects Oy (seller), CapMan Buyout (buyer)
Deal
CapMan Buyout’s investment in award-winning Finnish architectural firm SARC Architects
Deal Value
Value not public
Role
Counsel to SARC Architects Oy

Mikko Heinonen

Joonas Vartia

Anna Nyberg
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

Mikko Heinonen

Antti Nyberg (Alanko)

Sonja Siggberg

Klaus Ilmonen

Markus Bremer

Mikko Huimala

Jan Lilius

Mikko Tavast

Matias Moberg

Robert Gordin

Sofi Lehtinen
Parties
Oriola Corporation, Euroapotheca, Kronans Apotek and Apoteksgruppen
Transaction
Counsel to Oriola Corporation in the Formation of a Joint Venture with Euroapotheca combining the Swedish retail pharmacy chains Kronans Apotek and Apoteksgruppen.
Deal Value
EUR 700 million
Role
Counsel to Oriola Corporation

Mikael Klang

Tanja Schnitt

Mikko Heinonen

Annemari Rosi

Peter Forsberg

Oskar Helsing

Elisabeth Vestin

Olof Östman

Jenny Lundberg

Lisa Pålsson

Markus Bremer

Carolina H. Wahlby

Oscar Bengtsson

Andreas Wingren
Parties
Citycon Oyj
Transaction
Citycon Oyj’s repurchase of a total amount of 9,500,000 own shares for a total purchase price of EUR 65.8 million as a result of a market based reverse accelerated bookbuild process
Deal Value
EUR 65.8 million
Role
Counsel to Citycon Oyj

Mikko Heinonen

Klaus Ilmonen

Aki Salmela

Joonas Vartia
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

Mikko Heinonen

Klaus Ilmonen

Anniina Järvinen

Agda Vähä-Piikkiö

Jenni Heurlin

Laura Sainio

Johanna Haltia-Tapio

Elisabeth Vestin

Satu Kokko
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

Mikko Heinonen

Sonja Siggberg

Peter Forsberg

Mikko Huimala

Markus Bremer

Jenni Heurlin

Johanna Haltia-Tapio

Ingrid Remmelgas

Matias Moberg

Riikka Kuha

Agda Vähä-Piikkiö

Linnea Lehtonen

Pauliina Sutinen

Jenni Parviainen

Heikki Vesikansa

Khaled Talayhan

Mattias Friberg

Marc Tevell de Falck

Sarah Ek
Parties
FSN Capital, eCraft, Orango, Fellowmind
Transaction
Fellowmind, eCraft and Orango merge to create European Microsoft Business Applications platform
Deal Value
Value not public
Role
Counsel to eCraft and its owners

Mikko Heinonen

Heikki Vesikansa
Counsel to Pankaboard Oyj in the outsourcing of steam production to Adven Oy

Mikko Heinonen

Maria Landtman

Johanna Haltia-Tapio

Janne Veneranta

Jenni Parviainen

Noora Britschgi

Sami Niemi
Parties
Outotec Oyj, Metso Corporation
Transaction
The combination of Outotec and Metso Minerals through a demerger
Deal Value
EUR 3.9 billion (illustrative combined sales)
Role
Counsel to Outotec Oyj

Mikko Heinonen

Klaus Ilmonen

Markus Bremer

Peter Forsberg

Anna-Maria Tamminen

Heikki Vesikansa

Johanna Haltia-Tapio

Elina Toivakainen

Jenni Parviainen

Annemari Rosi

Emmi Kantola

Stefan Stellato

Maria Landtman

Sarah Ek

Nathalie Miskin

Victor Bjerselius
Parties
Peab AB (Buyer), YIT Corporation (Seller), YIT’s Nordic paving and mineral aggregates businesses (Targets)
Transaction
YIT’s sale of its Nordic paving and mineral aggregates businesses in Finland, Sweden, Norway and Denmark to Peab
Deal Value
EUR 280 million
Role
Counsel to YIT Corporation

Mikko Heinonen

Jesper Nevalainen

Klaus Metsä-Simola

Heikki Vesikansa

Harri Vehviläinen

Markus Bremer

Emmi Kantola

Johanna Haltia-Tapio

Klaara Lähteenoja

Jenny Lundberg

Janna Pihanurmi
Parties
Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, Kruunuvuoren Satama Oy
Transaction
A series of transactions, whereby Ilmarinen, Kesko, and Kesko Pension Fund, among other things, dissolve their joint ownership of Kruunuvuoren Satama and Ilmarinen acquires all 3,438,885 Kesko A shares held by Kruunuvuoren Satama.
Deal Value
EUR 164 million
Role
Counsel to Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, and Kruunuvuoren Satama Oy

Tuire Kuronen

Klaus Ilmonen

Mikko Heinonen

Heikki Vesikansa

Harri Vehviläinen

Mikko Huimala

Tero Pikkarainen
Parties
Corbis S.A, Procurator-Holdning Oy, Mariatorp Oy, Wipunen Varainhallinta Oy, ÅF AB
Transaction
Investors Corbis S.A., Procurator-Holding Oy, Mariatorp Oy and Wipunen Varainhallinta Oy in connection with subscription of shares in ÅF AB (publ) through a directed share issue amounting to SEK 1.2 billion.
Deal Value
SEK 1.2 billion
Role
Counsel to Investors

Mikko Heinonen

Klaus Ilmonen

Mattias Friberg

Anniina Järvinen

Khaled Talayhan
Parties
Glaston Corporation (Buyer), Conzzeta AG (Seller), Bystronic Maschinen AG, Bystronic Lenhardt GmbH and their subsidiaries (Targets)
Transaction
Glaston Corporation’s acquisition of Bystronic Glass and refinancing of Glaston
Deal Value
EUR 68 million
Role
Counsel to Glaston Corporation

Mikko Heinonen

Markus Bremer

Anniina Järvinen

Emmi Kantola

Janne Veneranta
Parties
Pöyry Plc, ÅF AB
Transaction
ÅF AB and Pöyry Plc have signed an agreement to combine the two companies
Deal Value
EUR 611 million
Role
Counsel to Pöyry Plc

Mikko Heinonen

Klaus Ilmonen

Mattias Friberg

Antti Kuha

Mikko Huimala

Khaled Talayhan

Carolina H. Wahlby

Johanna Haltia-Tapio

Roosa Väre
Parties
Biovian Oy (Target), Keensight Capital (Bidder)
Transaction
Keensight Capital’s acquisition of a majority stake in Biovian, a leading European player in contract manufacturing and development of biopharmaceuticals
Deal Value
Value not public
Role
Counsel to Biovian Oy and founding shareholders

Mikko Heinonen
Parties
Nordic Packaging and Container Holdings (Seller), Mondi Group (Buyer), Powerflute Group Holdings Oy (Target)
Transaction
Nordic Packaging and Container Holdings' sale of Powerflute Group Holdings Oy to a division of Mondi Group
Deal Value
Enterprise value of EUR 365 million
Role
Counsel to Nordic Packaging and Container Holdings (NPAC Holdings)

Mikko Heinonen

Jesper Nevalainen

Outi Jousi

Antti Kuha

Mikael Lustig
Parties
Sampo plc (Buyer), 19.9% of the shares in Saxo Bank Group (Target)
Transaction
Sampo plc’s Acquisition of 19.9% of Shares in Saxo Bank Group
Deal Value
EUR 265 million
Role
Counsel to Sampo plc

Johan Aalto

Mikko Heinonen

Panu Siitonen
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

Sonja Siggberg

Mikko Heinonen

Markus Bremer

Heikki Vesikansa

Johanna Haltia-Tapio

Elina Toivakainen

Laura Tavakka

Heikki Majamaa

Harri Vehviläinen

Jenni Heurlin

Stefan Stellato
Parties
Oriola Oyj and Kesko Oyj
Transaction
A 50/50 percent joint venture to establish a chain of health, beauty and wellbeing stores across Finland, with the plan to expand the business to include pharmaceuticals if the legislation is amended
Deal Value
Value not public
Role
Counsel to Oriola

Mikko Heinonen

Heidi Haanpää

Panu Siitonen
Parties
Powerflute Oyj (Target), Madison Dearborn Partners, LLC (Bidder)
Transaction
Recommended cash offer for Powerflute Oyj by Nordic Packaging and Container (Finland) Holdings Oy an affiliate of Madison Dearborn Partners, LLC
Deal Value
GBP 268 million
Role
Counsel to Powerflute Oyj

Mikko Heinonen

Klaus Ilmonen

Heikki Vesikansa

Markus Bremer

Elina Toivakainen
Parties
Uponor and Belkin International
Transaction
A joint venture to pioneer in the development of intelligent water sensing and conservation technology for buildings in the U.S. and Europe.
Deal Value
USD 50 million
Role
Counsel to Uponor

Tuire Kuronen

Mikko Heinonen

Panu Siitonen
Parties
Acorda Therapeutics (Bidder), Biotie Therapies (Target)
Transaction
Acorda Therapeutics' public tender offer of the shares and other securities in Biotie Therapies
Deal Value
USD 363 million
Role
Counsel to Biotie Therapies Corp.

Mikko Heinonen

Klaus Ilmonen

Elina Toivakainen

Heikki Vesikansa

Anna-Maria Tamminen

Sonja Siggberg
Parties
Alma Media Corporation, Talentum Oyj
Transaction
Alma Media Corporation's exchange offer for the shares and options in Talentum Oyj. The exchange offer includes both share and cash components.
Deal Value
EUR 42.7 million
Role
Counsel to Alma Media Corporation

Mikko Heinonen

Klaus Ilmonen

Elina Toivakainen

Heikki Vesikansa

Carolina H. Wahlby
Parties
Biotie Therapies Corp.
Transaction
Public offering and listing of Biotie Therapies Corp.’s shares on the NASDAQ Global Select Market New York
Deal Value
Approx. EUR 83 million
Role
Counsel to Biotie Therapies Corp.

Sonja Siggberg

Mikko Heinonen

Antti Kuha
Rankings
- "Very good legal knowledge, seniority, strong negotiation skills, strong project management, strong communication. Extremely broad knowledge. On my speed dial and my go-to external lawyer. He is a brilliant attorney that every company should have onboard during a public tender offer. Precise and accurate advice on matters with a very strategic and tactical approach.", IFLR1000, 2022
- 'One client describes him as "a solid and experienced legal adviser."', Corporate and M&A, Chambers Global 2022
- Hall of Fame, Commercial, corporate and M&A, Legal 500, 2022
- Clients say: "Excellent. Deep knowledge and excellent collaboration skills.", "Professional, shows good judgement. Easy to work with. Always available.", IFLR1000, Financial and corporate, 2021
- Ranked in Band 1 in Corporate/M&A in the 2021 edition of Chambers Global and Chambers Europe
- "Mikko Heinonen is not only a great lawyer but also has excellent business acumen and can look at a transaction both in detail but more importantly also from a helicopter view w/o always including subject matter experts.", Commercial, corporate and M&A, Legal 500, 2020
- "Mikko Heinonen – excellent overall commercial and governance advice.", Commercial, corporate and M&A, Legal 500, 2020
- 'Clients hail Mikko Heinonen as "one of the best lawyers in Helsinki," and endorse him for being "extremely knowledgeable." He receives further praise for being "very pragmatic, a good thinker and getting things done efficiently."', Corporate and M&A, Chambers Global and Chambers Europe 2020
- Ranked in Band 1 in Corporate/M&A in the 2019 & 2020 editions of Chambers Global and Chambers Europe
- Mikko is ranked as a Market leader in Capital Markets and M&A in the 2019-2021 editions of IFLR1000
- "Clients enthuse that 'he is very analytical.' Another source adds that 'he is well connected and aware of developments in the local market.'", Corporate and M&A, Chambers Global 2018 and Chambers Europe 2018
- "Managing Partner Mikko Heinonen 'is absolutely splendid; his approach to people and problems is impressive,' according to clients, who also describe him as 'client and solution-oriented.'", Corporate and M&A, Chambers Global 2017 and Chambers Europe 2017
- Leading individual, Commercial, corporate and M&A, Legal 500, 2015-2021
- "Mikko Heinonen is 'a top-notch, pragmatic but firm lawyer who is very nice to work with,' " Corporate and M&A, Chambers Global 2016 and Chambers Europe 2016
- 'Clients describe managing partner Mikko Heinonen as "an excellent partner. He always keeps focused on our priorities." Other interviewees report: "We are so impressed with him. He is strategic and gives us real business advice. He is very helpful."', Capital Markets, Chambers Europe 2015
- "... 'He is splendid – a top choice for leading transactions,' say clients. He has notable experience of public M&A mandates", Corporate/M&A, Chambers Global 2015 and Chambers Europe 2015
- Ranked as "Lawyer of the Year" in Venture Capital Law (Helsinki, 2015) by Best Lawyers®
- "...Mikko Heinonen is an esteemed presence in the field, noted for his 'solution-oriented' approach to major transactions. A member of the New York Bar, he is a particularly popular choice on international matters.", Corporate/M&A, Chambers Global 2014
- Ranked among the best lawyers in the 2012, 2013, 2014, 2015, 2016 and 2017 editions (Helsinki: Capital Markets, Corporate Governance & Compliance Practice, Corporate Law, Mergers and Acquisitions, Private Equity and Venture Capital) of Best Lawyers®
- 'Mikko Heinonen is highly reputed amongst interviewees who describe him as hardworking and experienced', Corporate/M&A, Chambers Global 2013 and Chambers Europe 2013
- "...‘good advice as well as the ability to manage a team while keeping to deadlines’.", Corporate and M&A, Legal 500, 2013
- 'Peers describe him as "an excellent lawyer, with a very good approach to clients and work."', Capital Markets, Chambers Europe 2012
- '...peers recommend Mikko Heinonen as "very knowledgeable in a large range of corporate matters."', Corporate/M&A, Chambers Global 2012
- ’Mikko Heinonen is praised for his innovative and service-minded approach and reputed for having broad knowledge in public M&A and capital markets.’, Capital Markets and Corporate/M&A, Chambers Europe 2011
- Ranked as a Highly regarded lawyer in Capital Markets and Corporate and M&A in the 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018 editions of IFLR1000
- 'Mikko Heinonen is also praised by clients for his communication skills. "Mikko Heinonen is one lawyer that really stands out; I like him a lot, he is very client-orientated," says one.', IFLR1000, 2011
- "I work with Mikko Heinonen and several other partners," says one client, "and it's always above all expectations." The client adds: "They focus on the client needs rather than just responding to questions...", '"Heinonen is easy to approach and very client-focused," says one client.', Banking, Mergers and acquisitions, IFLR 1000, 2010
- 'Mikko Heinonen is “a highly visible and respected lawyer”...and is also described by peers as “an efficient lawyer for all corporate matters.”', Chambers Europe 2009
- 'Mikko Heinonen is an “absolute star” regarded by one source as “one of the brightest people in the legal profession.” He “works incredibly hard for his clients” and is “highly reliable,” and clients say they “never have to worry about anything” when instructing him.', Chambers Europe 2008
- ‘The “intelligent and reliable” Mikko Heinonen is active in a range of transactions and counts financing as a specialism.’, Corporate/M&A, Chambers Global 2008
Memberships and Positions of Trust
- Member of the Finnish Bar Association
- Member of the New York Bar Association
- Member of the International Bar Association
Education and Professional Background
- Partner, Hannes Snellman, 2003–2020, 2023–
- Senior Partner, Hannes Snellman, 2020–2023
- Managing Partner Helsinki, Hannes Snellman, 2011–2019
- Head of Capital Markets, M&A or Public M&A, Hannes Snellman, 2005–2019
- Associate, Hannes Snellman, 1997–2003
- LL.M. Harvard Law School, 2002, New York Bar Exam, 2002
- Master of Laws, University of Turku, 1997