Rabbe Sittnikow
Rabbe Sittnikow
Rabbe is a partner within the firm's M&A practice in Helsinki with a focus on infrastructure, energy and technology related deals. He joined the firm in 1999 and became a partner in 2007.
He has over 20 years of experience of corporate law and various private and public M&A deals, most of which have involved a cross-border element. Many of the deals have also involved either private equity funds directly or private equity backed companies.
Rabbe has a vast experience advising clients within the infrastructure, energy and technology sectors related deals, having for example advised on some of the largest Finnish energy distribution deals as well as in relation to planned Finnish nuclear power plant projects. He has also advised on a number of Finnish renewable energy transactions.
He has also considerable experience in advising clients in the defence and security sectors.
Rabbe is acting as an Officer and as a Member of the Advisory Board of the International Bar Association’s M&A and Corporate Committee.
Rabbe Sittnikow is thoughtful and able to listen and highlight things that are not apparent to us; he adds value.
Chambers Europe | Energy & Natural Resources
References
Parties:
Transdigm Group
Transaction:
Transdigm Group's sale of Mastsystem Int’l Oy to Lagercrantz Group
Deal value:
Value not public
Role:
Finnish counsel to Transdigm Group
Parties:
Vitec Software Group AB (publ), Roidu Oy
Transaction:
Vitec’s agreement to acquire all shares in the Finnish software company Roidu Oy
Deal value:
Value not public
Role:
Counsel to Vitec Software Group AB (publ)
Parties
Oy Conaxess Trade Finland Ab, Oy Piresma Ab
Transaction
Oy Conaxess Trade Finland Ab, a portfolio company of Aurelius, acquires Oy Piresma Ab
Deal value
Value not public
Role
Counsel to Oy Conaxess Trade Finland Ab
Parties
BHM Renewables, Conquest, Winda Energy
Transaction
Counsel to BHM Renewables in the Sale of 182 MW Finnish Onshore Wind Portfolio to Conquest
Deal value
Value not public, but the transaction represents an expected phased total investment of approximately 1 billion euros
Role
Counsel to BHM Renewables
Parties
Bunzl (Buyer), Pamark Group Oy (Seller), Pamark Business (Target)
Transaction
Counsel to Bunzl, the specialist international distribution and services group listed on the London Stock Exchange, in its acquisition of Pamark, one of the leading distributors in Finland in the healthcare, cleaning and HoReCa product segments.
Deal Value
Value not public
Role
Counsel to Bunzl
Parties:
Vitec Software Group AB (publ), Codea Oy
Transaction:
Vitec’s agreement to acquire all shares in the Finnish software company Codea Oy
Deal value:
Value not public
Role:
Counsel to Vitec Software Group AB (publ)
Parties:
SULO Group, (Buyer), Molok Group Oy (Target)
Transaction:
Hannes Snellman counsel to SULO Group, a global waste management leader, in its acquisition of Molok Group Oy from Vaaka Partners.
Deal value:
Value not public
Role:
Counsel to SULO Group
Parties:
OP Suomi Infra Ky, (investor), Aurora Infrastructure (target), Equitix (majority owner)
Transaction:
Hannes Snellman acted as counsel to OP Suomi Infra Ky in their minority investment in Aurora Infrastructure
Deal value:
Value not public
Role:
Counsel to OP Suomi Infra Ky
Parties:
Vitec Software Group AB (publ), Neagen Oy
Transaction:
Vitec’s agreement to acquire all shares in the Finnish software company Neagen Oy
Value:
Value not public
Role:
Counsel to Vitec Software Group AB (publ)
Parties:
Infranode, MPY Telecom Oyj
Transaction:
Infranode’s acquisition of MPY Telecom Oyj
Role:
Counsel to Infranode
Parties
Nordic Metal Holdings (Buyer), Alumeco Group (Target)
Transaction
Hannes Snellman advised Nordic Metal Holdings in its acquisition of Alumeco Group, a metal wholesaler primarily within aluminum.
Deal Value
Value not public
Role
Counsel to Nordic Metal Holdings
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:
Vitec Software Group AB (publ), Oy Raisoft Ltd
Transaction
Vitec’s acquisition of all shares in Oy Raisoft Ltd
Deal Value
Value not public
Role
Counsel to Vitec Software Group AB (publ)
Parties:
Gasgrid Finland Oy, Excelerate Energy
Transaction:
Gasgrid Finland Oy's chartering of an LNG Floating Storage and Regasification Unit from Excelerate Energy.
Deal Value:
EUR 460 million
Role:
Counsel to Gasgrid Finland Oy
Parties
BlackRock Real Assets (Buyer), Green Horizon Renewables a.s. and other minority investors (Sellers), Mikana portfolio (Target)
Transaction
BlackRock Real Assets’ acquisition of the Mikana portfolio, which consists of an existing operational project of 20 MW and four wind development projects with a capacity of 200 MW, from Green Horizon Renewables a.s. and other minority investors
Deal Value
Value not public
Role
Counsel to Green Horizon Renewables a.s. and other minority investors
Parties
AMF Pensionsförsäkring AB (Buyer), Keva (Seller), Caruna (Target)
Transaction
AMF Pensionsförsäkring AB’s acquisition of a 12.5% minority stake in Caruna from Keva
Value
Value not public
Role
Counsel to AMF Pensionsförsäkring AB
Team
Rabbe Sittnikow, Erik Stenman, Jussi Ekonen, Janna Pihanurmi, Aaron Fagerholm, Noora Britschgi, Pauliina Sutinen, Janne Veneranta, Susanna Hernberg, Beata-Maria Pippingsköld, Laura Sainio, and Mikko Huimala.
Parties
Oy Linde Gas Ab (Buyer), Neste Markkinointi Oy (Seller), Neste’s cylinder gas business and stake in Oy Innogas Ab (Targets)
Transaction
Oy Linde Gas Ab’s acquisition of Neste Markkinointi Oy’s cylinder gas business and Neste Markkinointi Oy's stake in Oy Innogas Ab, a provider of LPG cylinder filling, requalification and logistics services.
Value
Value not public
Role
Counsel to Oy Linde Gas Ab
Parties
City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II
Transaction
The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres
Deal Value
Approx. EUR 300 million
Role
Counsel to City of Espoo
Team
Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér
Parties
City of Espoo
Transaction
PPP school project which involves building several new schools over two to four years and maintaining them for approx. 20 years.
Deal Value
Estimated value in excess of EUR 100 million
Role
Counsel to the City of Espoo
Parties
CapMan Infra (Bidder), Elenia Group (Target)
Transaction
CapMan Infra signed to invest in Elenia, a leading Finnish electricity network and district heat company
Deal Value
EUR 70 million
Role
Counsel to CapMan Infra
Parties
SUSI Partners AG (Buyer), Ilmatar Windpower Plc (Seller), Tetrituuli Wind Farm (Target)
Transaction
SUSI Partners AG’s acquisition of Tetrituuli Wind Farm from Ilmatar Windpower Plc
Deal Value
Value not public
Role
Counsel to SUSI Partners AG
Parties
Eurus Energy Holdings Corporation (Buyer), Maas Capital Renewables (Seller) and YARD ENERGY (Seller)
Transaction
Eurus Energy Holdings Corporation's acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY
Deal Value
Value not public
Role
Counsel to Eurus Energy Holdings Corporation
Parties
Vitec Software Group AB (publ) (Buyer), Futursoft Oy (Target)
Transaction
Vitec Software Group AB's (publ) acquisition of all shares in the Finnish software company Futursoft Oy
Deal Value
Value not public
Role
Counsel to Vitec Software Group AB (publ)
Parties
State of Finland (Seller), Patria Oyj (Target), Kongsberg Defence & Aerospace AS (Buyer)
Transaction
The Finnish government's sale of 49.9% of its shares in Patria Oyj to Kongsberg Defence & Aerospace AS
Deal Value
EUR 272 million
Role
Counsel to Patria and its shareholder
Counsel to Patria and the Finnish Government in Patria’s repurchase of its own shares from Airbus, its previous minority owner.
Parties
Alder Fund I AB (Buyer); Gasmet Technologies Oy (Seller); the business of Gasmet Technologies Oy (Target)
Transaction
Alder’s acquisition of the business of Gasmet Technologies Oy from Gasmet Technologies Oy
Deal Value
Value not public
Role
Counsel to Alder Fund I AB
Parties
Dinair Group (Buyer), Halton Group (Seller), Halton Clean Air (Target)
Transaction
Acquisition of Halton Clean Air from Halton Group by, Dinair Group, portfolio company of Alder
Deal Value
Value not public
Role
Counsel to Dinair Group
Counsel to TuuliWatti Oy in permitting of several wind farms in Finland.
Rankings
- Recognised as Global Elite Thought Leader, Who’s Who Legal: Energy, 2024
- Recognised as Highly Regarded in the practice areas of Capital Markets, Project Development, Banking, Project Finance, Private Equity, and M&A and the industry sectors of Energy, Transport, Utilities, Oil and Gas, Mining, and Social Infrastructure, IFLR1000, 2024
- Ranked in Energy & Natural Resources in Chambers Europe, 2024
- 'Rabbe Sittnikow is reputed for his experience in projects in the energy field, often advising on transactions and investments. "He is one of the leading experts in infrastructure and energy projects in Finland and the Nordics," according to a client, who adds: "He is a great negotiator to have on your team."', Energy & Natural Resources, Chambers Europe, 2021
- "Rabbe Sittnikow demonstrates long-standing expertise in energy-related investments, sales and purchases. One satisfied client highlights his notable experience in the sector, enthusing that 'he is especially experienced in public procurement and is great to work with.'", Energy & Natural Resources, Chambers Europe 2020
- Ranked as a notable practitioner in the 2015-2019 editions of Chambers Europe
- Ranked as one of the World’s leading Energy lawyers (Finland), Who’s Who Legal: Energy 2017
- "Rabbe Sittnikow is "thoughtful and able to listen and highlight things that are not apparent to us; he adds value," say clients.", Energy & Natural Resources, Chambers Europe, 2015
- Ranked as a Highly regarded lawyer in Banking, Capital Markets, Energy and Infrastructure, M&A, Project Development, Project finance and Private equity in the 2014-2021 editions of IFLR1000
- Ranked among the best lawyers in the 2014-2017 editions (Helsinki: Mergers and Acquisitions) of Best Lawyers®
- "Within Corporate and M&A, Hannes Snellman Attorneys at Law Ltd is a first tier firm." "Among those singled out for praise is Rabbe Sittnikow.", Legal 500, 2010
Memberships and Positions of Trust
- Member of the Finnish Bar Association
- Member of the International Bar Association
- Officer of the M&A and Corporate Law Committee of the International Bar Association
- Member of AIJA – the International Association of Young Lawyers
- Associate Member of the American Bar Association
Education and Professional Background
- Partner, Hannes Snellman, 2007
- Senior Associate, Hannes Snellman, 2003
- Associate, Hannes Snellman, 1999
- Master of Laws, University of Helsinki, 1999
- University level studies in finance and business administration at Hanken - the Swedish School of Economics and Business Administration in Helsinki, 1999