Practices

Tax

Languages

English, Finnish, Swedish, Italian

Stefan Stellato

Managing Associate Tax

Practices

Tax

Languages

English, Finnish, Swedish, Italian

Stefan advises clients on a broad range of domestic and international tax matters. His practice focuses on private wealth matters, such as assisting private clients and family investment companies with generation shifts, investment structures, and litigation. In addition, Stefan frequently assists clients in private equity and other transactions and tax and social security treatment of incentives. Stefan also has experience in the taxation of charitable organisations and crypto assets.

Selected References

Hannes Snellman advised BHG Group in the sale of IP-Agency Finland Oy to the founders of IP-Agency Finland Oy. IP-Agency Finland Oy is a leading direct-to-consumer e-commerce company and brand house specialised in products within sports and leisure. BHG Group is a major consumer e-commerce company listed on the Stockholm Stock Exchange.

Hannes Snellman’s core advisory team comprised Erik Stenman and Emmi Kantola (M&A), and Stefan Stellato and Ville-Pekka Jokela (Tax).

Contacts

Parties:

Elisa Corporation, MPY Telecom Oy

Transaction:

Elisa Corporation's establishment of a joint venture with MPY Telecom Oy (backed by Infranode) in relation to construction of fibre network in Elisa’s network area.

Deal value:

Value not public

Role:

Counsel to Elisa Corporation

Contacts

Parties

Accel-KKR, Aico Group, Juuri Partners

Transaction

Accel-KKR’s majority equity investment in Aico Group

Deal Value

Value not public

Role

Counsel to Accel-KKR, a global technology-focused investment firm

Contacts

Counsel in a Supreme Administrative Court Yearbook case on taxation of dividend paid on merger consideration shares.

Contacts

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

Contacts

Parties:

Duunitori Oy and its owners (seller), Intera Partners (buyer)

Transaction:

Counsel to Duunitori Oy and its owners in the sale of majority of Duunitori’s share capital to Intera Partners

Deal Value:

Value not public

Role:

Counsel to Duunitori Oy

Contacts

Parties:

Esperi Care (target), Danske Bank, SEB, and Ilmarinen (majority owners), Triton (buyer)

Transaction:

Counsel to Esperi Care and its majority owners Danske Bank, SEB, and Ilmarinen in the acquisition of the majority of Esperi Care’s shares by Triton Smaller Mid Cap Fund II advised by Triton.

Deal Value:

Value not public.

Role:

Counsel to Esperi Care and its majority owners

Contacts

  • Antti Nyberg

    Partner +358 40 838 9375 antti.nyberg@hannessnellman.com

  • Matias Moberg

    Partner +358 40 867 4634 matias.moberg@hannessnellman.com

  • Emmi Kantola

    Managing Associate +358 40 086 5252 emmi.kantola@hannessnellman.com

  • Heikki Vesikansa

    Partner +358 40 844 2117 heikki.vesikansa@hannessnellman.com

  • Stefan Stellato

    Managing Associate +358 50 356 5566 stefan.stellato@hannessnellman.com

  • Jenni Heurlin

    Managing Associate +358 40 825 0405 jenni.heurlin@hannessnellman.com

Counsel to Finnish Customs in the public procurement of bitcoin brokerage services. The assignment is related to the Finnish Government’s decision to sell the Bitcoins and other cryptocurrencies seized by Finnish Customs and allocate a significant share of the additional revenue to support Ukraine in the current war.

Contacts

  • Outi Jousi

    Specialist Partner +358 40 563 7343 outi.jousi@hannessnellman.com

  • Jesper Nevalainen

    Partner +358 40 582 7826 jesper.nevalainen@hannessnellman.com

  • Anna Mäkinen

    Associate +358 50 494 9159 anna.makinen@hannessnellman.com

  • Jari Tukiainen

    Specialist Partner +358 40 518 1275 jari.tukiainen@hannessnellman.com

  • Antti Kuha

    Partner +358 40 775 7440 antti.kuha@hannessnellman.com

  • Stefan Stellato

    Managing Associate +358 50 356 5566 stefan.stellato@hannessnellman.com

Parties

Viking Line Abp

Transaction

Counsel to Viking Line Abp on its EUR 51.8 million issue of new shares with pre-emptive rights for existing shareholders.

Deal Value

EUR 51.8 million

Role

Counsel to Viking Line Abp

Contacts

  • Sonja Siggberg

    Partner +358 40 837 6967 sonja.siggberg@hannessnellman.com

  • Klaus Ilmonen

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

  • Markus Bremer

    Partner +358 40 716 9676 markus.bremer@hannessnellman.com

  • Hanna Lindberg

    Associate +358 50 405 7168 hanna.lindberg@hannessnellman.com

  • Stefan Stellato

    Managing Associate +358 50 356 5566 stefan.stellato@hannessnellman.com

Counsel to a Finnish private equity fund in a Supreme Administrative Court Yearbook case confirming the correct application of equity ratio exemption in interest deduction limitations.

Contacts

Parties 

Virala Acquisition Company Plc, Purmo Group Ltd

Transaction 

Virala Acquisition Company Plc's merger with Purmo Group Ltd.

Deal Value 

EUR 685 million

Role

Counsel to Virala Acquisition Company Plc

Contacts

Parties

Virala Acquisition Company Plc

Transaction

Hannes Snellman acted as legal counsel to Virala Acquisition Company Plc on its IPO and the listing of its Class C shares on the SPAC segment of the regulated market of Nasdaq Helsinki

Deal Value

EUR 107.5 million

Role

Counsel to Virala Acquisition Company Plc

Contacts

Counsel to a tax payer in Supreme Administrative Court Yearbook case confirming US GAAP as acceptable basis for transfer pricing.

 

Contacts

Parties

Optomed Plc

Transaction

Optomed’s IPO and listing on the Nasdaq Helsinki stock exchange

Deal Value

The offering by the company and its shareholders amounted to approximately EUR 44 million

Role

Counsel to Optomed Plc 

Contacts

Parties

Cramo Plc, Adapteo Plc

Transaction

Cramo’s partial demerger and listing of Adapteo on Nasdaq Stockholm

Deal Value

SEK 5.5 billion

Role

Counsel to Cramo Plc and Adapteo Plc

Contacts

Parties

Ahlstrom-Munksjö Oyj (target), a consortium consisting of Ahlström Capital, Bain Capital Private Equity, Viknum and Belgrano Inversiones (buyer)

Transaction

Recommended public cash tender offer for all shares in Ahlstrom-Munksjö Oyj by Spa Holdings 3 Oy

Deal value

Approximately EUR 2.1 billion

Role

Counsel to the consortium

Contacts

Rankings

  • "Stefan Stellato has deep knowledge of international tax matters and provides very logical and clear advice.", Tax, Legal 500, 2024
  • "Stefan Stellato is also one to watch.", Tax, Legal 500, 2023
  • Financial Times Innovative Lawyers Awards 2023: Highly Commended. “The firm helped Finnish customs authorities to conduct a public auction of bitcoin, then worth about €70mn, seized from illegal drug dealers. Funds of about $47mn raised by sale in 2022 were donated to the Ukrainian government.”

Memberships and Positions of Trust

  • Board member (deputy) of the Law Society of Finland (Juridiska Föreningen i Finland r.f.), 2023-
  • Member of International Fiscal Association (IFA)
  • Member of the Finnish Bar Association
  • National reporter for Finland of the International Bar Association (IBA), 2020-2022
  • Treasurer of the Law Society of Finland (Juridiska Föreningen i Finland r.f.), 2019-2022

Professional Background

  • Managing Associate, Hannes Snellman, 2022
  • Senior Associate, Hannes Snellman, 2021
  • Associate, Hannes Snellman, 2016

Education

  • Master of Science (Economics and Business Administration), Hanken School of Economics, 2017
  • Master of Laws, University of Helsinki, 2016
  • Maurice A. Deane School of Law at Hofstra University, New York, 2015

Publications

  • Finland Chapter in The Private Wealth & Private Client Review, 13th edition, 2024 (co-author)
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 12th edition, 2023
  • Co-author of the article The Court of Justice of the European Union rules that Finnish tax rules discriminate against foreign company form investment funds, MNE Tax, 2022
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 11th edition, 2022
  • Co-author of the article Finnish court rules on arm’s length range and transfer pricing adjustment point, MNE Tax, 2021
  • Co-author of the article Finnish court accepts US GAAP as basis for transfer pricing in landmark ruling, MNE Tax, 2021
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 10th edition, 2021
  • Author of a book review on crypto taxation (available only in Finnish), Verotus-lehti, 2021
  • Co-author of the Finnish Chapter in the third edition of The Corporate Tax Planning Law Review, 2021
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 9th edition, 2020
  • Co-author of the Finnish Chapter in the second edition of The Corporate Tax Planning Law Review, 2020
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 8th edition, 2019
  • Co-author of the Finnish Chapter in the inaugural edition of The Corporate Tax Planning Law Review, 2019
  • Uraauurtava ratkaisu kansallisen ylimmän tuomioistuimen velvollisuudesta tehdä ennakkoratkaisupyyntö EUT:lle - Groundbreaking Ruling on a National Court’s Obligation to Refer a Question to the ECJ (available only in Finnish), Edilex, 2018
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 7th edition, 2018
  • Verolain aukkokohdan täyttäminen – EVL 18 a §:n 3 momentin tasetestin soveltaminen pääomarahastorakenteissa | Filling a Legislative Gap – Application of the Finnish Equity Ratio exemption from interest barrier rule in Private Equity Fund Structures (available only in Finnish) Defensor Legis, 2018
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 6th edition, 2017
  • Co-author of the Finland Chapter in The Private Wealth & Private Client Review, 5th edition, 2016