Satu advises clients on mergers and acquisitions as well as general corporate, commercial, and contract law.
Satu joined the firm as an associate trainee in 2019 and was appointed as an associate lawyer upon her graduation.
Anora Group Plc (Altia Plc, Arcus ASA) and Galatea AB
Required pre-closing divestment of Altia’s brands Skåne Akvavit, Hallands Fläder, and Brøndums and cognac brand Grönstedts (along with Arcus’s aquavit brand Akevitt Spesial and spirits brands S.P.R.T. and Dworek) to Galatea AB. The divestment to a suitable buyer was required by the Finnish, Norwegian, and Swedish competition authorities as a condition to their approval of the merger between Altia and Arcus to form Anora Group.
Lead counsel to Altia Plc (Anora Group Plc)
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.
The combined value of the merging companies is approximately EUR 7 billion.
Lead counsel to Valmet
PPG Industries, Inc. (Bidder), Tikkurila Oyj (Target)
Recommended public cash tender offer for all of the shares in Tikkurila by PPG Industries, Inc.
EUR 1.5 billion
Counsel to Tikkurila Oyj
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.
Fortum Recharge AS, Infracapital, Fortum
Infracapital in the acquisition of 63% of Fortum Recharge AS with subsidiaries.
Value not public
Swedish and Finnish counsel to Infracapital
Education and Professional Background
- Associate Lawyer, Hannes Snellman, 2020
- Master of Laws, University of Helsinki, 2020
- Thesis Trainee, Hannes Snellman, 2019-2020
- Associate Trainee, Hannes Snellman, 2019
- Associate Trainee, Borenius Attorneys Ltd, 2018-2019
- Trainee, UPM-Kymmene Corporation, 2017-2018