Languages

Finnish, English, French

Päivi Tammilehto

Counsel Competition & Regulatory

Languages

Finnish, English, French

Päivi Tammilehto has extensive experience in all fields of competition law. She advises our international and Finnish clients in antitrust issues, competition investigations and litigation, state aid cases, and merger control procedures. She also advises companies in a range of regulatory issues, including Foreign Subsidies Regulation (FSR) as well as foreign direct investment (FDI) screening.

She is also active in Hannes Snellman’s ESG Group.

Selected References

Parties

AMF Tjänstepension AB, Mercada Oy

Transaction

Hannes Snellman advised AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy, a joint venture formed by AMF, Ilmarinen Mutual Mutual Pension insurance Company and Kesko in 2015. Mercada owns 35 properties with 290,000 square meters of leasable area, consisting mainly of grocery stores with Kesko as a tenant, as well as two large shopping centers.

Deal Value

Not public

Role

Counsel to AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy

Contacts

Parties

Cargotec Corporation and Kalmar Corporation

Transaction

Cargotec’s partial demerger and separation of Kalmar

Deal Value

Approx. EUR 2.0 billion (illustrative carve-out sales)

Role

Counsel to Cargotec Corporation and Kalmar Corporation

Contacts

Parties:

Infranode, MPY Telecom Oyj

Transaction:

Infranode’s acquisition of MPY Telecom Oyj

Role:

Counsel to Infranode

Contacts

Parties: 

Methode Electronics, Inc., Nordic Lights Group Corporation

Transaction:

Methode Electronics, Inc.'s recommended public cash tender offer for all shares in Nordic Lights Group Corporation

Deal Value:

EUR 132 million

Role:

Counsel to Methode Electronics, Inc.

Contacts

Parties:

Prime Minister’s Office, Finnair Plc

Transaction:

Hannes Snellman acted as counsel to the Prime Minister’s Office in the rights offering of Finnair Plc, the Finnish airline with the State of Finland being the majority owner. Hannes Snellman advised, among other, on the share subscription made by the State of Finland by way of offsetting, in part, a capital loan provided by the State of Finland to Finnair, and related state-aid law matters. The rights offering of EUR 570 million is one of the largest rights offerings in Finland in recent years.

Deal value:

Approximately EUR 570 million

Role:

Counsel to Prime Minister’s Office

Contacts

  • Klaus Ilmonen

    Partner, Doctor of Laws +358 40 831 1868 klaus.ilmonen@hannessnellman.com

  • Mikko Huimala

    Partner +358 44 530 0753 mikko.huimala@hannessnellman.com

  • Riikka Rannikko

    Managing Partner +358 40 731 1611 riikka.rannikko@hannessnellman.com

  • Mikko Heinonen

    Partner +358 40 527 8818 mikko.heinonen@hannessnellman.com

  • Heikki Majamaa

    Specialist Partner +358 44 544 2873 heikki.majamaa@hannessnellman.com

  • Robert Gordin

    Senior Associate +358 44 079 9799 robert.gordin@hannessnellman.com

  • Jon Termonen

    Managing Associate +358 40 767 6347 jon.termonen@hannessnellman.com

  • Päivi Tammilehto

    Counsel +358 50 044 5790 paivi.tammilehto@hannessnellman.com

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

Contacts

Parties:

Exilion Wind, BayWa r.e. Nordic

Transaction:

Exilion Wind's and BayWa r.e. Nordic's wind power joint venture. Through the joint venture, the co-investors will invest and develop the Karhakkamaa wind farm project, which is envisaged to consist of 48 wind turbines with an installed capacity of approximately 350MW.

Deal Value: 

Value not public

Role:

Counsel to Exilion Wind

Contacts

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

Contacts

Parties:

Veolia Services Suomi Oy, Metsä Fibre

Transaction:

Veolia Services Suomi Oy’s project to build a crude methanol processing plant in connection with Metsä Fibre's Äänekoski bioproduct mill plant in Äänekoski

Deal Value:

Value not public

Role:

Counsel to Veolia Services Suomi Oy

Contacts

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

Contacts

Rankings

  • "Päivi Tammilehto is an easily approachable person and always a pleasure to be in contact with. Päivi is skilled in giving practical advice in competition law which, by its nature, is often considered as a rather theoretical area of law.", EU and Competition, Legal 500, 2024
  • Päivi Tammilehto is a very skilful professional with in-depth knowledge of competition law. She is truly interested in the assignments and client’s benefit so it is a pleasure to work with her. Her background from the Finnish competition authority gives her an advantageous insight and broad perspective. She has a pragmatic and clear way of communication so even complex matters feel comprehensive with her. I want to commend Päivi Tammilehto. She is responsive, to-the-point and business-oriented. She asks the right questions industry-wise and I know she is tailoring her analysis according to the specifics of our business, not just stating the legalese. Overall, very nice to work with and is my go-to person for competition law advice., EU and Competition, Legal 500, 2023
  • '‘Päivi Tammilehto is absolutely the best professional that I have worked with. She has extremely wide knowledge about competition legislation and she has a very professional way to tell us what would be the best thing for our company. Päivi is my top person who I turn to whenever I need any kind of legal advice.’, Legal 500, 2020

Memberships and Positions of Trust

  • Member of the Finnish Bar Association     
  • Member of the Finnish Competition Law Association
  • Member of the International Competition Network’s (ICN) Cartel Working Group, 2024–

Professional Background

  • Counsel, Hannes Snellman, 2022–
  • Bird & Bird Attorneys Ltd, 2017–2022
  • Finnish Competition and Consumer Authority, 2002–2017

Education

  • Master of Arts (Economics for Competition Law), King’s College London, 2014
  • Post Graduate Diploma (Economics for Competition Law), King’s College London, 2011
  • Master of Laws, University of Helsinki, 2002