Heidi Haanpää
Partner@hannessnellman.com
Hannes Snellman is regarded as one of the premier law firms in the Nordic region, representing bidders and target boards as well as large shareholders in takeover situations. Public M&A transactions are generally of strategic importance, often involving complex corporate and disclosure issues; our lawyers have considerable experience working as international lead counsel and handling complex cross-border transactions. Also, our emphasis on teamwork makes it easier to draw on our specialists in other disciplines of law for the benefit of the Firm’s clients.
NYAB AB, Dovre Group Plc
NYAB AB's acquisition of Dovre Group Plc’s Norwegian consulting business and global project personnel business.
EUR 34 million
Counsel to NYAB AB
Citycon Oyj
Citycon Oyj's EUR 48.2 million directed share issue
EUR 48.2 million
Counsel to Citycon Oyj
Betolar Plc
Betolar Plc's EUR 2.2 million directed share issue
EUR 2.2 million
Counsel to Betolar Plc
Sampo plc and Topdanmark A/S
Sampo plc's recommended public exchange offer for the shares in Topdanmark A/S
DKK 33 billion
Counsel to Sampo plc
Cargotec Corporation and Kalmar Corporation
Cargotec’s partial demerger and separation of Kalmar
Approx. EUR 2.0 billion (illustrative carve-out sales)
Counsel to Cargotec Corporation and Kalmar Corporation
Counsel to YIT Oyj in relation to its EUR 33.5 million directed share issue, its issue of EUR 36 million convertible notes and certain amendments to its EUR 300 million revolving credit facility agreement with Nordea, Danske Bank, LähiTapiola, OP Corporate Bank, SEB, and Swedbank and its EUR 140 million term loan facility agreement with OP Corporate Bank, SEB, and Swedbank.
Counsel to YIT Oyj
Parties:
Nordea Bank Abp (JV shareholder), OP Osuuskunta (JV shareholder), Siirto Brand Oy (JV)
Transaction:
Expansion of the operations of Nordea Bank and OP’s 50/50 owned joint venture company, Siirto Brand Oy
Deal Value:
Value not public
Role:
Joint counsel to all parties
Otava Ltd, Alma Media Corporation
Otava Ltd's mandatory public tender offer for Alma Media Corporation
EUR 523.7 million
Counsel to Otava Ltd
Terveystalo Plc
Counsel to Terveystalo Plc, a healthcare service provider listed on Nasdaq Helsinki, in the issue and listing of senior unsecured sustainability-linked notes.
EUR 100 million
Counsel to Terveystalo Plc
Uponor Corporation (target), Georg Fischer Ltd (buyer)
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.
EUR 2.1 billion
Counsel to Uponor Corporation
Sega Europe Limited and SEGA Corporation (Buyers) Rovio Entertainment Corporation (Target)
Counsel to Sega Europe Limited and SEGA Corporation in the recommended public cash tender offer for all shares and options in Rovio Entertainment Corporation.
Approximately EUR 706 million
Counsel to Sega Europe Limited and SEGA Corporation
Methode Electronics, Inc., Nordic Lights Group Corporation
Methode Electronics, Inc.'s recommended public cash tender offer for all shares in Nordic Lights Group Corporation
EUR 132 million
Counsel to Methode Electronics, Inc.
Citycon Oyj
Counsel to Citycon Oyj in its tender offers of outstanding notes due 2024 of Citycon Treasury B.V. and capital securities issued by it in November 2019 and June 2021.
Over EUR 40 million
Counsel to Citycon Oyj
A consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital (buyer), Caverion Oyj (Target)
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.
EUR 955 million
Counsel to the offeror consortium consisting of Security Trading, Fennogens Investments, Corbis, and Bain Capital
Cargotec Corporation, Konecranes Plc
The announced, but subsequently abandoned, merger of Cargotec and Konecranes in 2021-2022
Approx. EUR 2.7 billion
Counsel to Konecranes Plc
The German State (Buyer), Fortum Oyj (Seller), Uniper SE (Target)
Fortum Oyj’s arrangements related to stabilisation of its German subsidiary Uniper SE. The package will ensure multi-billion funding for Uniper, sale of Fortum’s shareholding in Uniper to the German State for approximately EUR 0.5 billion as well as repayment of Fortum’s EUR 4 billion receivables from Uniper and release of EUR 4 billion parent company guarantees.
Approx. EUR 4.5 billion
Finnish counsel to Fortum Oyj
Applied Materials Inc. (buyer), Picosun Oy (target)
The acquisition of Picosun Oy, an innovator in atomic layer deposition (ALD) technology, primarily for specialty semiconductors.
Value not public
Finnish counsel to Applied Materials Inc.
Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, other sellers (Sellers), Stena Recycling Oy (Buyer), Encore Ympäristöpalvelut Oy (Target)
Sale of Encore Ympäristöpalvelut Oy to Stena Recycling Oy
Value not public
Counsel to Stora Enso Oyj, UPM-Kymmene Group, Metsä Group, Sonoco-Alcore, and other sellers
Equip Capital, Vendis Capital, Mountain Village
Equip Capital's and Vendis Capital's investment for the of majority of shares in Mountain Village, a leading European producer and group of disc golf brands to create the House of Discs
Value not public
Counsel to Equip Capital and Vendis Capital
SARC Architects Oy (seller), CapMan Buyout (buyer)
CapMan Buyout’s investment in award-winning Finnish architectural firm SARC Architects
Value not public
Counsel to SARC Architects Oy
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.
Digital 9 Infrastructure plc (Buyer), Pontos Oy, Taaleri Datacenter Ky, other sellers (Sellers), Ficolo Oy (Target)
Sale of Ficolo Oy to Digital 9 Infrastructure plc
EUR 135 million
Counsel to Pontos Oy, Taaleri Datacenter Ky, and other sellers
Basware Corporation (target), a consortium consisting of Accel-KKR, Long Path Partners, and Briarwood Chase Management (buyer)
Counsel to the offeror consortium of Accel-KKR, Long Path Partners, and Briarwood Chase Management in the tender offer for all outstanding securities in Basware Corporation.
EUR 620 million
Counsel to the consortium
Paulig Group (seller), Valio (buyer), Gold&Green brand, intellectual property and R&D function (target)
The divestment of Paulig’s Gold&Green brand, intellectual property and R&D function to Valio
Value not public
Counsel to Paulig Group
Mecenat AB (Buyer), shareholders of Oy Frank Students Ab (Sellers), Oy Frank Students Ab (Target)
Counsel to Mecenat, a portfolio company of IK Partners, in its add-on acquisition of Oy Frank Students Ab, a company known for its leading student identification and discount app Frank
Value not public
Mecenat AB and IK Partners
IK Partners (Buyer), Intera Fund II Ky, Intera Fund III Ky, management and other minority shareholders (Sellers), Renta Group Oy (Target)
Intera Partners’ sale of Renta Group Oy to IK Partners
Value not public
Counsel to Intera Partners
Angel Pond Holdings Corporation, MariaDB Corporation Ab
Combination of Angel Pond Holdings Corporation and MariaDB Corporation Ab by way of a domestication merger and cross-border merger, and related transactions
USD 672 million (implied enterprise value of the combined company)
Finnish counsel to Angel Pond Holdings Corporation
Smartly.io (Buyer), Ad-Lib.io (Target) and various sellers
Acquisition of Ad-Lib.io, the next-generation creative optimization platform, by Smartly.io, the leading social advertising SaaS platform for creative and performance marketers.
Value not public
Finnish counsel to Smartly.io
Tencent (Investor), Vitruvian Partners (Co-Investor), Enfuce Financial Services Oy (Target)
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
EUR 45 million
Counsel to Tencent
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
Enersense International Oyj, Megatuuli Oy
Enersense International Oyj, a provider of zero-emission energy solutions, has signed an agreement on acquiring shares of the onshore wind farm developer Megatuuli Oy.
EUR 18.5 million
Counsel to Enersense International
Enersense International Oyj
Counsel to Enersense International Oyj in its equity investment in and primary partnership arrangement with P2X Solutions Oy
Value not public
Counsel to Enersense International
Staffbase GmbH, Valo Solutions Oy
Staffbase’s acquisition of Valo Solutions, the Finnish-based leading provider of intranets and workplace solutions.
Value not public
Counsel to Staffbase GmbH
Citycon Oyj
Citycon Oyj’s repurchase of a total amount of 9,500,000 own shares for a total purchase price of EUR 65.8 million as a result of a market based reverse accelerated bookbuild process
EUR 65.8 million
Counsel to Citycon Oyj
NEP Group, Inc. (a Carlyle Group portfolio company), Bright Group Oy (funds managed by CapMan Buyout)
Counsel to global event technology leader NEP Group, Inc., a Carlyle Group portfolio company, in the acquisition of Bright Group, a 360 supplier of live event services in Northern Europe with presence in Finland, Sweden, and Norway.
Value not public
Counsel to NEP Group, Inc. (a Carlyle Group portfolio company)
Tosibox Oy, Nexit Ventures and its partner 3TS Capital Partners
Counsel to Tosibox Oy, a provider of operational technology networking platforms for enterprises and organisations, in raising new equity funding from Nexit Ventures and its partner 3TS Capital Partners.
EUR 5 million
Counsel to Tosibox Oy
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.
Not public
Lead counsel to Altia Plc (Anora Group Plc)
Altia Plc, Arcus ASA
Merger of Altia Plc and Arcus ASA to form Anora Group
Preliminary aggregated annual revenue EUR 640 million
Lead counsel to Altia Plc
BlackRock Real Assets (Buyer), Green Horizon Renewables a.s. and other minority investors (Sellers), Mikana portfolio (Target)
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
Value not public
Counsel to Green Horizon Renewables a.s. and other minority investors
Landis+Gyr (Buyer), Telia Finland (Seller), Telia AMR Business (Target)
Telia Finland’s sale of Telia AMR Business to Landis+Gyr
Value not public
Counsel to Telia Finland (Seller)
KONE Corporation, Motala Hissar AB, Aritco Group AB
Counsel to global elevator and escalator provider KONE Corporation and its subsidiary KONE Aktiebolag in the divestment of Motala Hissar AB to Aritco Group AB, a wholly-owned subsidiary of Investment AB Latour (publ).
Value not public
Counsel to KONE Corporation
Valmet, Neles
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
Castellum, Kielo, Blackstone Tactical Opportunities, Brunswick Real Estate.
Hannes Snellman acted as counsel to Castellum in its acquisition of property company Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate.
EUR 640 million
Counsel to Castellum
Terveystalo Plc, Terveystalo Healthcare Oy, Feelgood Svenska AB (publ)
Hannes Snellman advised Terveystalo on its acquisition of 72 percent of the shares and recommended mandatory takeover offer for Feelgood Svenska AB (publ)
SEK 606 million / EUR 60 million
Counsel Terveystalo Plc and Terveystalo Healthcare Oy
Parties
Vungle, Inc. (Buyer), GameRefinery Oy (Target)
Transaction
Vungle, Inc.’s acquisition of GameRefinery Oy
Deal Value
Value not public
Role
Counsel to Vungle, Inc.
Oy Linde Gas Ab (Buyer), Neste Markkinointi Oy (Seller), Neste’s cylinder gas business and stake in Oy Innogas Ab (Targets)
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 not public
Counsel to Oy Linde Gas Ab
Mayr-Melnhof Cartonboard International GmbH, Kotkamills Group Oyj
Mayr-Melnhof Cartonboard International GmbH's acquisition of Kotkamills Group Oyj
Approx. EUR 425 million
Counsel to Mayr-Melnhof Cartonboard International GmbH
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
Telia Finland (Seller) and AddSecure (Buyer)
Telia Finland’s divestment of Telia Alerta business to AddSecure
Value not public
Counsel to Seller/Telia Finland
Telia Company (Seller), Polhem Infra (Buyer), Telia Carrier (Target)
Telia Company’s divestment of Telia Carrier to Polhem Infra
SEK 9,450 million
Finnish counsel to Telia Company
Volati (Buyer), Pisla Group Oy (Seller), Pisla Oy (Target)
Volati's acquisition of Pisla Oy from Pisla Group Oy
Value not public
Counsel to Volati
Valmet Oyj (Buyer), Solidium Oyj (Seller)
Counsel to Valmet Oyj in the acquisition of future Neles Corporation from Solidium Oy, representing 14.88% of all Neles’ shares and votes.
EUR 179 million
Counsel to Valmet Oyj
Verkkokauppa.com Oyj
Verkkokauppa.com Oyj's listing on the official list of Nasdaq Helsinki on 5 June 2020
Value not public
Counsel to Verkkokauppa.com Oyj
City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II
The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres
Approx. EUR 300 million
Counsel to City of Espoo
Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér
ABB and Hitachi
Sale of ABB's Power Grids business to Hitachi
Enterprise Value of USD 11 billion for 100% of Power Grids
Finnish Counsel to ABB
ABB and FIMER S.p.A
Sale of ABB's solar inverter business to FIMER S.p.A
Value not public
Finnish Counsel to ABB
Sanoma Group (Buyer), Alma Media Corporation (Seller), Alma Media Kustannus Oy and Alma Manu Oy (Targets)
Sanoma Group’s acquisition of Alma Media’s regional news media business
EUR 115 million (announced enterprise value)
Counsel to Sanoma Group
Quest Diagnostics Incorporated (Buyer), Shareholders of Blueprint Oy (Sellers), Blueprint Genetics Oy (Target)
The sale of Blueprint Genetics’ entire share capital to Quest Diagnostics
Value not public
Counsel to Blueprint Genetics and its owners
Smartly.io Solutions Oy and its owners, Providence Equity Partners
Counsel to Smartly.io and its owners in the sale of a majority stake to Providence Equity Partners
EUR 200 million
Counsel to Smartly.io Solutions Oy and its owners
EQT Fund VIII (Buyer), Agilitas Private Equity and other shareholders (Sellers), Recover Nordic (Target)
EQT’s acquisition of Recover Nordic
Value not public
Finnish counsel to EQT Fund VIII
FSN Capital, eCraft, Orango, Fellowmind
Fellowmind, eCraft and Orango merge to create European Microsoft Business Applications platform
Value not public
Counsel to eCraft and its owners
Vitrulan Composites Oy (Buyer); Ahlstrom-Munksjö Oyj (Seller); Glass fiber reinforcement business (Target)
Ahlstrom-Munksjö has agreed to sell its glass fiber reinforcement business in Mikkeli, Finland, to Vitrulan Composites Oy
EUR 6.5 million
Counsel to Ahlstrom-Munksjö Oyj
Outotec Oyj, Metso Corporation
The combination of Outotec and Metso Minerals through a demerger
EUR 3.9 billion (illustrative combined sales)
Counsel to Outotec Oyj
Marrone Bio Innovations, Inc. (Buyer), shareholders of Pro Farm Technologies Oy (Sellers), Pro Farm Technologies Oy (Target)
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
USD 31.8 million
Counsel to Marrone Bio Innovations, Inc.
Verdane, CAP-Group
Verdane's acquisition of CAP-Group, Finland’s largest driving school and a pioneer of simulator-based training for consumers and professionals.
Value not public
Counsel to Verdane
Peab AB (Buyer), YIT Corporation (Seller), YIT’s Nordic paving and mineral aggregates businesses (Targets)
YIT’s sale of its Nordic paving and mineral aggregates businesses in Finland, Sweden, Norway and Denmark to Peab
EUR 280 million
Counsel to YIT Corporation
Tieto Corporation, EVRY ASA
The combination of Tieto and EVRY through a cross-border merger
Value not public
Counsel to EVRY ASA
Vaaka Partners, Lyyti
Vaaka Partners' acquisition of Lyyti
Value not public
Counsel to Vaaka Partners
Fazer Food Services, Compass Group PLC
Fazer Group in its divestment of Fazer Food Services to Compass Group PLC
EUR 475 million
Counsel to Fazer Group
Ramirent Plc, Loxam S.A.S.
Recommended public cash tender offer for Ramirent Plc by Loxam S.A.S.
EUR 970 million
Counsel to Ramirent Plc
Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, Kruunuvuoren Satama Oy
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.
EUR 164 million
Counsel to Ilmarinen Mutual Pension Insurance Company, Kesko Corporation, Kesko Pension Fund, and Kruunuvuoren Satama Oy
Byggnadstekniska Byrån Sverige AB (Target), Sitowise Holding AB (Buyer), Byggnadstekniska Byrån Mosebacke AB (Seller)
Intera Partners backed Sitowise Oy in the Acquisition of Byggnadstekniska Byrån Sverige AB
Value not public
Counsel to Intera Partners
Funds managed by Sentica Partners Oy (Buyer), Mikael Swanljung and his family (Sellers), Picnic Finland Oy, Europicnic Oy and La Torrefazione Oy (Targets)
Sentica Partners’ acquisition of majority ownership in Picnic Company Group from Mikael Swanljung and his family
Value not public
Counsel to Mikael Swanljung and his family
Cherry Ventures Management GmbH (Buyer), Chief Chief Technologies Oy/Speechgrinder (Target)
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
Value not public
Counsel to Cherry Ventures Management GmbH
Glaston Corporation (Buyer), Conzzeta AG (Seller), Bystronic Maschinen AG, Bystronic Lenhardt GmbH and their subsidiaries (Targets)
Glaston Corporation’s acquisition of Bystronic Glass and refinancing of Glaston
EUR 68 million
Counsel to Glaston Corporation
BVB Substrates B.V. and its owners, Vapo Oy and Kekkilä Oy
Joint venture by combining BVB Substrates B.V. and Kekkilä Oy to form Kekkilä-BVB Oy, a leading horticultural substrate company in Europe in the market for professional growers and home gardeners
Value not public
Counsel to BVB Substrates B.V. and its owners
City of Espoo
PPP school project which involves building several new schools over two to four years and maintaining them for approx. 20 years.
Estimated value in excess of EUR 100 million
Counsel to the City of Espoo
Precast Holding Oy (Buyer), Elematic HoldCo Oy (Seller), Elematic Oyj (Target), Nordic Trustee (as bonds trustee appointed by Elematic’s
Restructuring of ownership and financing structure of Elematic Oyj
Value not public
Counsel to Nordic Trustee
Telia Company (Buyer), AinaGroup Oyj (Seller), AinaCom Oy (Target)
Telia Company’s acquisition of AinaCom Oy from AinaGroup Oyj
Value not public
Counsel to Telia Company
Mimir Invest (Buyer), Caverion (Seller), Project piping & tank business and the related Ylivieska workshop (Targets)
Caverion’s sale of project piping & tank business and the related Ylivieska workshop of the Industrial Solutions division.
Value not public
Counsel to Caverion
Nordic Healthcare Group Oy, Vaaka Partners Oy
Vaaka Partner's investment in Nordic Healthcare Group
Value not public
Counsel to Vaaka Partners
Jarkir Oy (Seller), Partnera Oy (Buyer), Suomen Teollisuussijoitus Oy (Buyer), Uusioaines Oy (Target)
Jarkir's sale of Uusioaines to Partnera and Tesi
EUR 19,8 million
Counsel to Seller Jarkir Oy
Vaaka Partners, Framery
Vaaka Partners' acquisition of Framery
Value not public
Counsel Vaaka Partners
Commonwealth Bank (Seller), Colonial First State Global Asset Management (Target), Mitsubishi UFJ Trust and Banking Corporation (Buyer)
Commonwealth Bank's sale of its global asset management business, Colonial First State Global Asset Management (CFSGAM), to Mitsubishi UFJ Trust and Banking Corporation
AUD 4.1 billion
Counsel to Commonwealth Bank
Nexit Ventures (Seller), Ekahau, Inc. (Target), Ookla (Buyer)
Nexit Ventures' sale of shares of Ekahau to Ookla
Value not public
Counsel for Nexit Ventures and Ekahau, Inc.
Qingdao Sifang SRI Intellectual Technology Co. Ltd. (Buyer), Beneq Oy and its shareholders (Sellers), Beneq Oy (Target)
The sale of Beneq Oy to Qingdao Sifang SRI Intellectual Technology Co. Ltd.
Value not public
Counsel to Beneq Oy and its shareholders
AtoB@C Shipping AB (Target), Aspo Plc (Bidder) Anders Nilsson (Private Investor)(Seller)
Aspo Plc has agreed to acquire AtoB@C Shipping AB from Anders Nilsson (Private investor).
EUR 30 million
Counsel to Aspo Plc
ABB (Buyer), General Electric Company (Seller), GE Industrial Solutions (Target)
ABB’s acquisition of GE Industrial Solutions, GE’s global electrification solutions business.
USD 2.6 billion
Finnish counsel to ABB
Ahlstrom-Munksjö (Buyer), Expera Specialty Solutions (Target), KPS Capital Partners (Seller)
Ahlstrom-Munksjö’s acquisition of Expera Specialty Solutions, a U.S.-based specialty paper producer
USD 615 million
Counsel to Ahlstrom-Munksjö
Elementis plc (Buyer), Mondo Minerals B.V. (Target)
A proposed acquisition of Mondo Minerals B.V. by Elementis plc
USD 600 million
Counsel to Elementis plc
Biovian Oy (Target), Keensight Capital (Bidder)
Keensight Capital’s acquisition of a majority stake in Biovian, a leading European player in contract manufacturing and development of biopharmaceuticals
Value not public
Counsel to Biovian Oy and founding shareholders
CapMan Infra (Bidder), Elenia Group (Target)
CapMan Infra signed to invest in Elenia, a leading Finnish electricity network and district heat company
EUR 70 million
Counsel to CapMan Infra
CVC Capital Partners, LocalTapiola, Varma, Ilmarinen, Mehiläinen management (Buyers), Mehiläinen Oy (Target), Kohlberg Kravis Roberts & Co. L.P., Triton Partners (Sellers)
LocalTapiola's co-investment with CVC Capital Partners, Varma and Ilmarinen to Mehiläinen Oy, a leading Finnish private health- and social care provider
Value not public
Counsel to LocalTapiola
Asiakastieto Group Plc (Buyer), UC AB (Target), Six Swedish banks (Sellers)
Asiakastieto Group Plc’s pending acquisition of UC AB, a credit information company
Appr. EUR 340 million
Counsel to Asiakastieto Group Plc
Orion Corporation (Seller), Axcel Management A/S (Buyer), Orion Diagnostica Oy (Target)
Orion Corporation's divestment of the diagnostics business unit Orion Diagnostica Oy to a private equity fund managed by Axcel Management A/S
Value not public
Counsel to Orion Corporation
Apax Digital Fund (Buyer), Vaaka Partners (Seller), Solita Oy (Target)
Vaaka Partners' sale of Solita Oy to Apax Digital Fund
Value not public
Counsel to Vaaka Partners
DevCo Partners Oy, Medix Biochemica
DevCo Partners Oy's acquisition of Medix Biochemica
Value not public
Counsel to DevCo Partners Oy
OP Financial Group (Seller), Vienna Insurance Group (Buyer), Seesam Insurance AS (Target)
OP Financial Group's sale of the non-life insurance company Seesam Insurance AS (Seesam), including its Latvian and Lithuanian branches, to Vienna Insurance Group (VIG)
Value not public
Counsel to OP Financial Group
Green Horizon Renewables (Buyer), Founders and certain other investors (Sellers), Winda Power (Target)
Green Horizon Renewables’ acquisition of over 70% stake in Winda Power
Value not public
Counsel to Green Horizon Renewables
WSP Finland Oy (Buyer), ISS Palvelut Oy (Seller), ISS Proko Oy and its subsidiary ISS Suunnittelupalvelut Oy (Targets)
ISS Palvelut Oy's sale of ISS Proko Oy and its subsidiary ISS Suunnittelupalvelut Oy to WSP Finland Oy
Value not public
Counsel to ISS Palvelut Oy
Nordic Packaging and Container Holdings (Seller), Mondi Group (Buyer), Powerflute Group Holdings Oy (Target)
Nordic Packaging and Container Holdings' sale of Powerflute Group Holdings Oy to a division of Mondi Group
Enterprise value of EUR 365 million
Counsel to Nordic Packaging and Container Holdings (NPAC Holdings)
EQT (Seller), Anticimex (Target), AMF Pensionsforsakring AB, The Sixth National AP-fund, Volito, Cubera (Buyers)
The sale of 19% minority stake sale in Anticimex by EQT
EUR 311 million
Counsel to EQT
Sampo plc (Buyer), 19.9% of the shares in Saxo Bank Group (Target)
Sampo plc’s Acquisition of 19.9% of Shares in Saxo Bank Group
EUR 265 million
Counsel to Sampo plc
Vaaka Partners (Buyer), management and minority shareholders (Sellers), Smoothie Heaven Oy (Target)
Vaaka Partners acquired majority of shares in Smoothie Heaven Oy, a juice and smoothie bar company known as Jungle Juice Bar, from management and minority shareholders
Value not public
Counsel to Vaaka Partners
Wise Group (Buyer), Management and minority shareholders (Sellers), Sito Oy (Target)
Combination of Wise Group and Sito Oy
Value not public
Counsel to Wise Group
Ahlström Capital (Buyer), Oy GW Sohlberg Ab (Seller), 39% of shares in Detection Technology and 18% of shares in Glaston (Targets)
Ahlström Capital’s acquisition of shares in Detection Technology and Glaston from Oy GW Sohlberg Ab
Approx. EUR 110 million
Counsel to Oy GW Sohlberg Ab
Scandic Hotels Group (Buyer), Restel (Seller), Restel’s Hotel Portfolio (Target)
Scandic’s acquisition of Restel’s hotel operations in Finland from Restel
EUR 114.5 million
Counsel to Scandic Hotels Group
Lemminkäinen Corporation and YIT Corporation
The combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger
EUR 771 million
Counsel to Lemminkäinen
Terveystalo, Diacor
Terveystalo's acquisition of Diacor
Value not public
Counsel to Terveystalo
Quattro Mikenti Group Oy sale of shares to Adelis Equity Partners Fund I AB
Sale of a majority of shares in Quattro Mikenti Group Oy to Adelis Equity Partners Fund I AB by Henri Juva and other sellers
Value not public
Counsel to Henri Juva
Oriola Oyj and Kesko Oyj
A 50/50 percent joint venture to establish a chain of health, beauty and wellbeing stores across Finland, with the plan to expand the business to include pharmaceuticals if the legislation is amended
Value not public
Counsel to Oriola
SUSI Partners AG (Buyer), Ilmatar Windpower Plc (Seller), Tetrituuli Wind Farm (Target)
SUSI Partners AG’s acquisition of Tetrituuli Wind Farm from Ilmatar Windpower Plc
Value not public
Counsel to SUSI Partners AG
Trust Kapital (Buyer); Enfo Oyj (Seller); Enfo Zender (Target)
Sentica’s portfolio company Trust Kapital's acquisition of Enfo Zender, Enfo Oyj’s information logistics subsidiary
Value not public
Counsel to Trust Kapital
Powerflute (Buyer); Harvestia Oy (Target); Vapo Oy (Seller)
Powerflute Oyj’s acquisition of Harvestia Oy from Vapo Oy
Value not public
Counsel to Powerflute Oy
Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)
Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group
Value not public
Counsel to Hartwall Capital Oy Ab
Intera Fund III Ky (Buyer), ISS Palvelut Oy (Seller), ISS Security Oy and the Finnish security business and related assets (Target)
Divestment by ISS Palvelut of 100% of the shares in ISS Security Oy and the Finnish security business and related assets to Intera.
EUR 35 million
Counsel to ISS Palvelut Oy
DevCo Partners Oy’s group of investors (Buyers); Vexve Oy (Target); Partnos Oy (Seller)
DevCo Partners Oy’s acquisition of Vexve Oy from Partnos Oy
Value not public
Counsel to DevCo Partners Oy
Norvestia Oyj, CapMan Plc
The public exchange offer for the shares and other securities in Norvestia by CapMan Plc
Value not public
Counsel to Norvestia Oyj
Ahlstrom Oyj, Munksjö Oyj
The combination of Ahlstrom and Munksjö through a merger
Approx. EUR 1,2 billion
Lead counsel to Ahlstrom
Eurus Energy Holdings Corporation (Buyer), Maas Capital Renewables (Seller) and YARD ENERGY (Seller)
Eurus Energy Holdings Corporation's acquisition of two wind farms in Finland from Maas Capital Renewables and YARD ENERGY
Value not public
Counsel to Eurus Energy Holdings Corporation
Powerflute Oyj (Target), Madison Dearborn Partners, LLC (Bidder)
Recommended cash offer for Powerflute Oyj by Nordic Packaging and Container (Finland) Holdings Oy an affiliate of Madison Dearborn Partners, LLC
GBP 268 million
Counsel to Powerflute Oyj
Sampo plc (Buyer), Topdanmark A/S (Target)
Sampo plc’s mandatory public cash offer for all outstanding shares in Topdanmark A/S
Value not public
Counsel to Sampo plc
Vitec Software Group AB (publ) (Buyer), Futursoft Oy (Target)
Vitec Software Group AB's (publ) acquisition of all shares in the Finnish software company Futursoft Oy
Value not public
Counsel to Vitec Software Group AB (publ)
Valedo Partners Fund I AB (Seller), Corbel Holding Oy (Target), Realia Group (Buyer)
Valedo's divestment of Corbel, a facility services company, to Realia Group
Value not public
Counsel to Valedo Partners Fund I AB
Infratek, Pohjolan Werkonrakennus Oy
Infratek's acquisition of Pohjolan Werkonrakennus Oy
Value not public
Counsel to Infratek
Ruokakesko Oy (Buyer), Triton (Seller), Suomen Lähikauppa Oy (Target)
Triton's sale of Suomen Lähikauppa Oy to Ruokakesko Oy, a subsidiary of Kesko Corporation
Value not public
Counsel to Triton
Sentica Partners and a number of private individuals (Sellers), Humana AB (Buyer), Arjessa Oy (Target)
Sentica Partners and a number of private individuals sold the leading Finnish psychosocial care provider to Humana AB
EUR 32 million (EV)
Counsel to Humana AB
YIT Corporation, Etera Mutual Pension Insurance Company, Onvest Oy, Fennia Mutual Insurance Company
Joint venture of YIT Corporation, Etera Mutual Pension Insurance Company, Onvest Oy, and Fennia Mutual Insurance Company for the implementation of the Mall of Tripla and its parking facilities
Approx. EUR 600 million
Counsel to YIT Corporation
Telia Company (Seller), Marginalen AB and Marginalen Bank Bankaktiebolag (Buyers), Sergel Group (Target)
Telia Company's divestment of the Sergel Group to Marginalen AB and Marginalen Bank Bankaktiebolag
SEK 2,070 million (approx. EUR 222 million)
Counsel to Telia Company
SoftBank Group Corporation (Seller), Tencent Holdings Limited (Buyer), Supercell (Target)
SoftBank Group Corporation's and its affiliates' sale of all of their 72.2% stake in Supercell to an affiliate of Tencent Holdings Limited
Approx. USD 10.2 billion
Counsel to SoftBank and its affiliates
Triton, Fläkt Woods
Triton's acquisition of Fläkt Woods
Value not public
Counsel to Triton
Uponor and Belkin International
A joint venture to pioneer in the development of intelligent water sensing and conservation technology for buildings in the U.S. and Europe.
USD 50 million
Counsel to Uponor
The Carlsberg Group (Seller), Viking Malt Oy (Buyer), Danish Malting Group A/S (Target)
The Carlsberg Group sold the Danish Malting Group comprising three breweries located in Denmark and Poland to Viking Malt Oy
Value no public
Counsel to Viking Malt Oy
Cor Group Oy, Industry Investment, Norvestia Plc and acting management (Sellers), EQT MidMarket Limited Partnership (Buyer), Touhula Varhaiskasvatus Oy (Target)
Cor Group Oy, Industry Investment, Norvestia Plc and acting management sold the leading Finnish private day care provider Touhula Varhaiskasvatus Oy to EQT MidMarket Limited Partnership.
Value not public
Counsel to EQT
National Silicon Industry Group (Offeror), Okmetic Oyj (Target)
Voluntary recommended public tender offer by National Silicon Industry Group for all shares and option rights in Okmetic Oyj
Approximately EUR 170 million
Counsel to Okmetic Oyj
State of Finland (Seller), Patria Oyj (Target), Kongsberg Defence & Aerospace AS (Buyer)
The Finnish government's sale of 49.9% of its shares in Patria Oyj to Kongsberg Defence & Aerospace AS
EUR 272 million
Counsel to Patria and its shareholder
Veolia, Neste and Borealis
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
Approximately EUR 350 million
Counsel to Veolia
Ahlstrom (Seller), Ahlstrom’s building and wind business unit (Target), Owens Corning (Buyer)
Ahlstrom’s divestment of its building and wind business unit to Owens Corning
EUR 73 million
Counsel to Ahlstrom
Acorda Therapeutics (Bidder), Biotie Therapies (Target)
Acorda Therapeutics' public tender offer of the shares and other securities in Biotie Therapies
USD 363 million
Counsel to Biotie Therapies Corp.
Atine Group Oy (Seller), Sector Alarm (Buyer), Turvatiimi (Target)
Sale of Turvatiimi to Sector Alarm by Atine Group Oy
EUR 7,610,330
Counsel to Atine Group Oy
Adven Group (Target), EQT (Seller), AMP Capital, Infracapital (Buyers)
EQT Infrastructure Limited’s sale of Adven Group to a consortium comprising of AMP Capital Investors and Infracapital Partners II
Value not public
Counsel to EQT
Blackstone Real Estate Partners Europe IV (Buyer), Sponda Plc and Varma Mutual Pension Insurance Company (Sellers), Certeum Corporation (Target)
Sale of the majority stake of 57.5% of all shares in Certeum
Approximately EUR 500 million
Counsel to Certeum Corporation and its Board of Directors
Niam (Buyer), Helsingin Osuuskauppa Elanto (Seller), Kaari shopping centre (Target)
Niam's acquisition of the Kaari shopping centre, the ninth largest shopping centre in Finland, and five freehold plots around the shopping centre.
Value not public
Counsel to Niam
Summit Partners (Buyer), Retail Logistics Excellence - RELEX Oy and certain shareholders of RELEX (Seller), Retail Logistics Excellence - RELEX Oy (Target)
Summit Partners' acquisition of a EUR 20 million minority stake in RELEX, a Finnish provider of supply chain software solutions for retailers
EUR 20 million
Counsel to Summit Partners
Royal Vopak (Seller), Vopak Chemicals Logistics Finland Oy (Target), Oiltanking Sonmarin Oy (Buyer)
Royal Vopak sold the Finnish entity Vopak Chemicals Logistics Finland Oy to Oiltanking Sonmarin Oy a wholly owned subsidiary of Oiltanking GmbH, based in Hamburg, Germany The divested entity consists of two terminals: Vopak Terminal Mussalo and Vopak Terminal Hamina
EUR 43 million
Counsel to Royal Vopak
SoftBank (Buyer), Supercell (Target)
SoftBank's acquisition of an additional 22.7% stake in Supercell, a Finnish online gaming company
Value not public
Finnish counsel to SoftBank
Trimble Finland Oy (Buyer), Key employees of and investors in Fifth Element Oy (Seller), Fifth Element Oy (Target)
Trimble Finland Oy’s acquisition of Fifth Element Oy from key employees of and investors in Fifth Element Oy
Value not public
Counsel to Trimble Finland Oy
CapMan Oyj (Buyer), Kaupthing (Seller), Norvestia Oyj (Target)
CapMan's acquisition of 28.7% of Norvestia’s shares from Kaupthing
Approximately EUR 40 million
Counsel to Kaupthing
Mondi Group (Buyer), Walki Group (Seller)
Mondi Group's acquisition of Walki Group's extrusion coating plants located in Pietarsaari, Finland and Wroclaw, Poland
EUR 60 million
Counsel to Mondi AG
Leipomo Salonen (Buyer), Perheleipurit Oy (Seller)
Leipomo Salonen’s acquisition of Perheleipurit Oy's bread business in Helsinki from Perheleipurit Oy
Value not public
Counsel to Leipomo Salonen
Primula Oy (Buyer), Perheleipurit Oy (Seller)
Primula Oy’s acquisition of Perheleipurit Oy's bakery in Järvenpää and the rights to the Primula brand and products from Perheleipurit Oy
Value not public
Counsel to Primula Oy
Vossloh Rail Services International GmbH and VR Track Oy
Establishment of a joint venture structure for rail welding business operations in Finland
Value not public
Counsel to Vossloh Rail Services International GmbH
Vossloh Nordic Switch Systems AB and VR Track Oy
Combination of the parties’ turn-out and installation service businesses in Finland into a joint venture structure
Value not public
Counsel to Vossloh Nordic Switch Systems AB
Alder Fund I AB (Buyer); Gasmet Technologies Oy (Seller); the business of Gasmet Technologies Oy (Target)
Alder’s acquisition of the business of Gasmet Technologies Oy from Gasmet Technologies Oy
Value not public
Counsel to Alder Fund I AB
Tabulon Oy (Buyer), Responda 113 Oy (Target), Turvatiimi Oyj (Seller)
Acquisition by Tabulon Oy of shares in Responda 113 Oy from Turvatiimi Oyj
Value not public
Counsel to Tabulon Oy
Atine Group Oy (Buyer), Turvatiimi Oyj (Target)
Public tender offer by Atine Group Oy concerning all shares in Turvatiimi Oyj
Value not public
Counsel to Atine Group Oy
Metso Oyj (Seller) and Valmet Oyj (Buyer)
Valmet Oyj’s acquisition of the process automation systems business from Metso Oyj
EUR 340 million
Counsel to Valmet Oyj
Dinair Group (Buyer), Halton Group (Seller), Halton Clean Air (Target)
Acquisition of Halton Clean Air from Halton Group by, Dinair Group, portfolio company of Alder
Value not public
Counsel to Dinair Group