Tuire Kuronen
Tuire Kuronen
Tuire specialises in mergers and acquisitions and cross-border transactions, with an emphasis on complex strategic deals, joint venture structures and long-term contractual arrangements between industrials. She also has significant experience in private equity, minority investments, Finnish foreign direct investment screening issues and corporate advisory work, and special industry expertise within forestry and telecommunication sectors.
In 2007–2009, Tuire worked as an associate at Cravath, Swaine & Moore in New York, and she is also a member of the New York Bar (since 2008).
Tuire is a frequent lecturer at the firm’s client events and internal education programs in topics relating to transactions and corporate and contract law.
References
Parties:
Thome Group, OSM Maritime Group
Transaction:
Merger of Thome Group and OSM Maritime Group
Value:
Value not public
Role:
Finnish counsel to Thome Group Holding Limited

Tuire Kuronen

Joonas Vartia

Heidi Haanpää

Agda Vähä-Piikkiö

Veera Heiskanen

Ingrid Remmelgas

Liisa Vaaraniemi
Parties:
Metsähallitus, Vattenfall
Transaction:
Counsel to the Finnish state enterprise Metsähallitus in the joint venture entered into with Vattenfall concerning Finland’s first large-scale offshore wind farm. Our assignment, commenced in 2021, entailed all legal aspects of the structured sales process followed by the creation of the joint venture and the contractual framework steering the development.
Deal Value:
Value not public
Role:
Counsel to Metsähallitus

Tapio Teräkivi

Maria Landtman

Tuire Kuronen

Klaus Metsä-Simola

Katja Heikkinen

Kaisa Himmanen

Janne Veneranta

Emmi Nuutila

Julia Ranta

Sonja Sivén

Salla Mäki

Vivi Jaatinen
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
Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, other sellers (Sellers), Stena Recycling Oy (Buyer), Encore Ympäristöpalvelut Oy (Target)
Transaction
Sale of Encore Ympäristöpalvelut Oy to Stena Recycling Oy
Deal Value
Value not public
Role
Counsel to Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, and other sellers

Tuire Kuronen

Susanna Purovirta

Joonas Vartia

Päivi Tammilehto

Lauri Putkonen

Klaus Metsä-Simola

Milla Männistö

Anna Mäkinen

Wilhelm Sanmark

Panu Vikberg

Marta Kauppinen
Parties
Digital 9 Infrastructure plc (Buyer), Pontos Oy, Taaleri Datacenter Ky, other sellers (Sellers), Ficolo Oy (Target)
Transaction
Sale of Ficolo Oy to Digital 9 Infrastructure plc
Deal Value
EUR 135 million
Role
Counsel to Pontos Oy, Taaleri Datacenter Ky, and other sellers

Tuire Kuronen

Satu Kokko

Oliver Vesterlund

Joonas Vartia

Jesper Nevalainen

Sami Niemi

Anna Nyberg

Julia Ranta

Mikko Huimala

Lauri Putkonen
Parties
Angel Pond Holdings Corporation, MariaDB Corporation Ab
Transaction
Combination of Angel Pond Holdings Corporation and MariaDB Corporation Ab by way of a domestication merger and cross-border merger, and related transactions
Deal Value
USD 672 million (implied enterprise value of the combined company)
Role
Finnish counsel to Angel Pond Holdings Corporation

Tuire Kuronen

Agda Vähä-Piikkiö

Heidi Haanpää

Susanna Purovirta

Oliver Vesterlund

Joonas Vartia

Heikki Vesikansa

Harri Vehviläinen

Joakim Frände

Jesper Nevalainen

Liisa Vaaraniemi

Risto Ojakoski

Tuomas Toivonen

Hanna Lindberg
Parties
Chevron Global Energy Inc (Buyer), Neste Corporation (Seller), NEXBASE™ brand and associated base oils business (Target)
Transaction
Finnish counsel to Chevron Global Energy Inc, a wholly-owned subsidiary of Chevron Corporation, in the acquisition of the NEXBASE™ brand and associated base oils business from Neste Corporation
Deal Value
Value not public
Role
Finnish counsel to Chevron Global Energy Inc

Tuire Kuronen

Satu Kokko

Agda Vähä-Piikkiö

Ingrid Remmelgas

Liisa Vaaraniemi

Milla Männistö
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

Tuire Kuronen

Kaisa Himmanen

Susanna Purovirta

Oliver Vesterlund

Jesper Nevalainen

Antti Nyberg (Alanko)

Milla Männistö

Risto Ojakoski
Parties
Tencent (Investor), Vitruvian Partners (Co-Investor), Enfuce Financial Services Oy (Target)
Transaction
Counsel to Tencent in its further investment in Enfuce Financial Services, a leading European Card-as-a-Service (CaaS) platform for modern card issuing and processing, in connection with a EUR 45 million Series C investment round
Deal Value
EUR 45 million
Role
Counsel to Tencent

Tuire Kuronen

Johanna Haltia-Tapio

Anna Mäkinen

Piia Ahonen
Parties
Landis+Gyr (Buyer), Telia Finland (Seller), Telia AMR Business (Target)
Transaction
Telia Finland’s sale of Telia AMR Business to Landis+Gyr
Deal Value
Value not public
Role
Counsel to Telia Finland (Seller)

Tuire Kuronen

Agda Vähä-Piikkiö

Jesper Nevalainen

Liisa Vaaraniemi

Anna Mäkinen

Lauri Putkonen

Risto Ojakoski
Parties
Telia Company (Seller), Polhem Infra (Buyer), Telia Carrier (Target)
Transaction
Telia Company’s divestment of Telia Carrier to Polhem Infra
Deal Value
SEK 9,450 million
Role
Finnish counsel to Telia Company

Tuire Kuronen

Agda Vähä-Piikkiö

Panu Vikberg

Johanna Haltia-Tapio

Ingrid Remmelgas
Parties
Telia Finland (Seller) and AddSecure (Buyer)
Transaction
Telia Finland’s divestment of Telia Alerta business to AddSecure
Deal Value
Value not public
Role
Counsel to Seller/Telia Finland

Tuire Kuronen

Agda Vähä-Piikkiö

Riikka Kuha

Mikko Huimala

Helena Lamminen

Marta Kauppinen

Outi Jousi

Eeva Tiainen
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.

Tuire Kuronen

Riikka Kuha

Tero Pikkarainen

Antti Nyberg (Alanko)

Matias Moberg

Pauliina Sutinen

Heikki Vesikansa

Panu Siitonen

Johanna Haltia-Tapio

Heidi Kärki

Klaus Metsä-Simola

Noora Britschgi
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
Cherry Ventures Management GmbH (Buyer), Chief Chief Technologies Oy/Speechgrinder (Target)
Transaction
Counsel to Cherry Ventures Management GmbH in its investment and purchase of shares in Chief Chief Technologies Oy/Speechgrinder, a developer of voice technology software and application programming interface
Deal Value
Value not public
Role
Counsel to Cherry Ventures Management GmbH

Tuire Kuronen

Tero Pikkarainen
Parties
Nexit Ventures (Seller), Ekahau, Inc. (Target), Ookla (Buyer)
Transaction
Nexit Ventures' sale of shares of Ekahau to Ookla
Deal Value
Value not public
Role
Counsel for Nexit Ventures and Ekahau, Inc.

Tuire Kuronen

Heikki Vesikansa

Johanna Haltia-Tapio
Parties
Telia Company (Seller), Marginalen AB and Marginalen Bank Bankaktiebolag (Buyers), Sergel Group (Target)
Transaction
Telia Company's divestment of the Sergel Group to Marginalen AB and Marginalen Bank Bankaktiebolag
Deal Value
SEK 2,070 million (approx. EUR 222 million)
Role
Counsel to Telia Company

Tuire Kuronen

Anniina Järvinen
Parties
SoftBank Group Corporation (Seller), Tencent Holdings Limited (Buyer), Supercell (Target)
Transaction
SoftBank Group Corporation's and its affiliates' sale of all of their 72.2% stake in Supercell to an affiliate of Tencent Holdings Limited
Deal Value
Approx. USD 10.2 billion
Role
Counsel to SoftBank and its affiliates

Tuire Kuronen

Markus Bremer

Heikki Vesikansa
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
Veolia, Neste and Borealis
Transaction
A transaction creating a JV with Neste and Borealis to build a new combined heat and power plant and produce and supply steam and other utilities to Neste's refinery and Borealis' petrochemical plant in Porvoo, Finland
Deal Value
Approximately EUR 350 million
Role
Counsel to Veolia

Tapio Teräkivi

Tuire Kuronen

Heikki Vesikansa

Heikki Majamaa

Katja Heikkinen

Klaus Metsä-Simola

Johanna Haltia-Tapio

Anna-Maria Tamminen
Parties
Blackstone Real Estate Partners Europe IV (Buyer), Sponda Plc and Varma Mutual Pension Insurance Company (Sellers), Certeum Corporation (Target)
Transaction
Sale of the majority stake of 57.5% of all shares in Certeum
Deal Value
Approximately EUR 500 million
Role
Counsel to Certeum Corporation and its Board of Directors

Tuire Kuronen
Parties
Summit Partners (Buyer), Retail Logistics Excellence - RELEX Oy and certain shareholders of RELEX (Seller), Retail Logistics Excellence - RELEX Oy (Target)
Transaction
Summit Partners' acquisition of a EUR 20 million minority stake in RELEX, a Finnish provider of supply chain software solutions for retailers
Deal Value
EUR 20 million
Role
Counsel to Summit Partners

Tuire Kuronen

Heikki Vesikansa
Parties
SoftBank (Buyer), Supercell (Target)
Transaction
SoftBank's acquisition of an additional 22.7% stake in Supercell, a Finnish online gaming company
Deal Value
Value not public
Role
Finnish counsel to SoftBank

Tuire Kuronen

Heikki Vesikansa
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

Tapio Teräkivi

Juha Lindström

Tuire Kuronen

Antti Nyberg (Alanko)
Rankings
- Tuire Kuronen is excellent in M&A transactional work.’, Commercial, Corporate and M&A, Legal500, 2023
- "Knowledgeable and focused.", IFLR1000, Financial and corporate, 2021
- Ranked as a Highly regarded lawyer in the 2018, 2019, 2020 and 2021 editions (Finland: M&A) of IFLR1000
- Ranked among the best lawyers in the 2014, 2015, 2016 and 2017 editions (Helsinki: Mergers and Acquisitions) of Best Lawyers®
Memberships and Positions of Trust
- Member of the Finnish Bar Association
- Member of the Finnish Bar Association’s Corporate Law Legal Expert Team
- Member of the New York Bar
- Member of the Finnish Corporate Law Association (Suomen yhtiöoikeusyhdistys ry)
Education and Professional Background
- Partner, Hannes Snellman, 2012-present
- Foreign Associate, Cravath, Swaine & Moore LLP (New York), 2007–2008
- LL.M. (Corporate), New York University School of Law, 2007
- Senior Associate, Hannes Snellman, 2004-2012
- Associate Lawyer, Hannes Snellman, 2000–2004
- Master of Laws, University of Helsinki, 2000
- Trainee, Hannes Snellman, 1999–2000