M&A, Public
M&A, Public
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.
References
Parties:
Digital Bros S.p.A, Starbreeze AB (publ)
Transaction:
Hannes Snellman Counsel to Digital Bros S.p.A in connection to rights issue in Starbreeze AB (publ)
Value:
SEK 365 million
Role:
Counsel to Digital Bros S.p.A

Christoffer Saidac

Emma Greiff

Anton Eriksson

Gabriella Fredlund
Parties:
Sega Europe Limited and SEGA Corporation (Buyers) Rovio Entertainment Corporation (Target)
Transaction:
Counsel to Sega Europe Limited and SEGA Corporation in the recommended public cash tender offer for all shares and options in Rovio Entertainment Corporation.
Deal value:
Approximately EUR 706 million
Role:
Counsel to Sega Europe Limited and SEGA Corporation

Johan Aalto

Sonja Siggberg

Jon Termonen

Marcus Lehtinen

Sofi Lehtinen

Claes Backström

Samuel Åkerlund

Satu Kokko

Oliver Vesterlund

Viola Karjalainen

Heidi Haanpää

Mikko Huimala

Lauri Putkonen

Annika Grönholm

Panu Siitonen

Hilma Mäkitalo

Wilhelm Sanmark

Ingrid Remmelgas

Karoliina Kaartinen

Monika Parkkinen

Hanna-Mari Mudi
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.

Johan Aalto

Anniina Järvinen

Marcus Lehtinen

Robert Gordin

Joonas Vartia

Riikka Kuha

Heidi Haanpää

Essi Ellman

Päivi Tammilehto

Anna Mäkinen

Hilma Mäkitalo

Simon Mittler

Ingrid Remmelgas

Ville Säteri

Kerttu Pahta

Rebecca Osola

Monika Parkkinen

Karoliina Kaartinen
Parties
Citycon Oyj
Transaction
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.
Deal value
Over EUR 40 million
Role
Counsel to Citycon Oyj

Anniina Järvinen

Mikko Heinonen

Tommi Kovero

Sofi Lehtinen

Heikki Vesikansa

Jenni Parviainen
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:
Cargotec Corporation, Konecranes Plc
Transaction:
Merger of Cargotec Corporation and Konecranes Plc
Deal value:
Approx. EUR 2.7 billion
Role:
Counsel to Konecranes Plc

Mikko Heinonen

Sonja Siggberg

Peter Forsberg

Mikko Huimala

Markus Bremer

Jenni Heurlin

Johanna Haltia-Tapio

Ingrid Remmelgas

Sini Paajanen

Matias Moberg

Riikka Kuha

Kaisa Himmanen

Agda Vähä-Piikkiö

Linnea Lehtonen

Pauliina Sutinen

Jenni Parviainen

Heikki Vesikansa

Khaled Talayhan

Mattias Friberg

Marc Tevell de Falck

Carolina Lefort Ahokanto

Sarah Ek
Parties
The German State (Buyer), Fortum Oyj (Seller), Uniper SE (Target)
Transaction
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.
Deal value
Approx. EUR 4.5 billion
Role
Finnish counsel to Fortum Oyj

Mikko Heinonen

Antti Nyberg (Alanko)

Sonja Siggberg

Klaus Ilmonen

Markus Bremer

Mikko Huimala

Jan Lilius

Mikko Tavast

Matias Moberg

Robert Gordin

Sofi Lehtinen
Parties:
Applied Materials Inc. (buyer), Picosun Oy (target)
Transaction:
The acquisition of Picosun Oy, an innovator in atomic layer deposition (ALD) technology, primarily for specialty semiconductors.
Deal Value:
Value not public
Role:
Finnish counsel to Applied Materials Inc.

Johan Aalto

Sofia Saarelainen

Heidi Haanpää

Juha Lindström

Johanna Haltia-Tapio

Anniina Jaatinen

Janne Veneranta

Oliver Vesterlund

Marta Kauppinen

Oona Eerola

Joakim Frände

Sofia Ampuja

Rauli Elenius

Jon Termonen
Parties:
Thomas H. Lee Partners, inriver AB
Transaction:
Counsel to Thomas H. Lee Partners in its investment in inriver AB
Deal Value:
Not public
Role:
Counsel to Thomas H. Lee Partners

Claes Kjellberg

Moa Fritzon Torbjelt

Maja Uppgren

Tanja Schnitt

Nicolina Hultgren Farsani

Mattias Friberg

Khaled Talayhan

Fredrik Olsson

Carolina Wahlby

Maria Orrgard

Albert Danielsson

Oscar Bengtsson

Jenny Lundberg
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:
Vitec Software Group AB, ABS Laundry Business Solutions
Transaction:
Counsel to Vitec Software Group AB on its acquisition of ABS Laundry Business Solutions
Deal Value:
EUR 80 million
Role:
Counsel to Vitec Software Group AB

Mattias Friberg

Khaled Talayhan

Emma Greiff

Anton Eriksson
Parties:
Equip Capital, Vendis Capital, Mountain Village
Transaction:
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
Deal Value:
Value not public
Role:
Counsel to Equip Capital and Vendis Capital

Johanna Wärnberg

Douglas Essehorn

Anna Nordin Pettersson

Nicolina Hultgren Farsani

Carolina Wahlby

Rezan Akkurt

Ebba Sjölin

Lisa Pålsson

Olof Östman
Parties
SARC Architects Oy (seller), CapMan Buyout (buyer)
Deal
CapMan Buyout’s investment in award-winning Finnish architectural firm SARC Architects
Deal Value
Value not public
Role
Counsel to SARC Architects Oy

Mikko Heinonen

Kaisa Himmanen

Anna Nyberg
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.

Outi Jousi

Jesper Nevalainen

Anna Mäkinen

Eeva Tiainen

Jari Tukiainen

Antti Kuha

Stefan Stellato
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

Sini Paajanen

Satu Kokko

Oliver Vesterlund

Joonas Vartia

Jesper Nevalainen

Sami Niemi

Anna Nyberg

Julia Ranta

Mikko Huimala

Lauri Putkonen
Parties
Basware Corporation (target), a consortium consisting of Accel-KKR, Long Path Partners, and Briarwood Chase Management (buyer)
Transaction
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.
Deal Value
EUR 620 million
Role
Counsel to the consortium

Klaus Ilmonen

Tommi Kovero

Kaisa Himmanen

Aki Salmela

Robert Gordin

Joonas Vartia

Linnea Lehtonen

Roope Sevón

Heikki Vesikansa

Harri Vehviläinen

Sofia Ampuja

Mikko Huimala

Markus Bremer

Pauliina Sutinen

Johanna Haltia-Tapio

Anna Nyberg

Outi Jousi

Annika Juhola

Axel Hård af Segerstad
Parties
Paulig Group (seller), Valio (buyer), Gold&Green brand, intellectual property and R&D function (target)
Transaction
The divestment of Paulig’s Gold&Green brand, intellectual property and R&D function to Valio
Deal Value
Value not public
Role
Counsel to Paulig Group

Riikka Rannikko

Agda Vähä-Piikkiö

Sofia Saarelainen

Panu Siitonen

Heikki Vesikansa

Isabella Kartila
Parties
Aker BP ASA, Lundin Energy AB
Transaction
Combination of the oil and gas businesses of Aker BP ASA and Lundin Energy AB
Deal Value
SEK 100.17 billion
Role
Counsel to Aker BP ASA

Ola Åhman

Mattias Friberg

Emma Greiff

Anton Eriksson

Lisa Kindstedt

Saara Ludvigsen

Marcus Nyberg

Julia Nordgren

Josephine Gjerstad Medina
Parties
Mecenat AB (Buyer), shareholders of Oy Frank Students Ab (Sellers), Oy Frank Students Ab (Target)
Transaction
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
Deal Value
Value not public
Role
Mecenat AB and IK Partners

Erik Stenman

Emmi Kantola

Johanna Wärnberg

Miklos Kovacs Kal

Douglas Essehorn
Parties
Oriola Corporation, Euroapotheca, Kronans Apotek and Apoteksgruppen
Transaction
Counsel to Oriola Corporation in the Formation of a Joint Venture with Euroapotheca combining the Swedish retail pharmacy chains Kronans Apotek and Apoteksgruppen.
Deal Value
EUR 700 million
Role
Counsel to Oriola Corporation

Mikael Klang

Tanja Schnitt

Mikko Heinonen

Annemari Rosi

Peter Forsberg

Marcus Nyberg

Oskar Helsing

Elisabeth Vestin

Olof Östman

Jenny Lundberg

Lisa Pålsson

Markus Bremer

Carolina Wahlby

Oscar Bengtsson

Andreas Wingren
Parties
Savvy Gaming Group, ESL Gaming, FACEIT
Transaction
Counsel to Savvy Gaming Group in its acquisition of ESL Gaming and FACEIT
Deal Value
SEK 15 billion
Role
Counsel to Savvy Gaming Group

Ola Åhman

Mattias Friberg

Khaled Talayhan

Maja Uppgren

Alexander Lindqvist

Olof Östman

Albert Danielsson

Amanda Alexandersson

Josephine Gjerstad Medina
Parties
Mangold AB
Transaction
Hannes Snellman acted as counsel to Mangold AB in its listing on the Nasdaq Stockholm Main Market.
Deal Value
Not public
Role
Counsel to Mangold AB

Ola Åhman

Mattias Friberg

Marcus Lehtinen

Marc Tevell de Falck

Lisa Kindstedt

Anna Ribenfors

Jenny Lundberg

Josephine Gjerstad Medina

Albert Danielsson

Alexander Lindqvist

Lisa Pålsson
Parties
IK Partners (Buyer), Intera Fund II Ky, Intera Fund III Ky, management and other minority shareholders (Sellers), Renta Group Oy (Target)
Transaction
Intera Partners’ sale of Renta Group Oy to IK Partners
Deal Value
Value not public
Role
Counsel to Intera Partners

Sten Olsson

Roosa Väre

Mikael Byman

Niclas Ruotsalainen

Antti Nyberg (Alanko)

Sami Niemi

Pauliina Sutinen

Risto Ojakoski

Jesper Nevalainen

Wilhelm Sanmark

Mikko Huimala

Claes Kjellberg

Douglas Essehorn

Alexander Lindqvist

Josephine Gjerstad Medina

Olof Östman

Amanda Alexandersson
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
NeoGames S.A., Aspire Global plc
Transaction
Counsel to NeoGames S.A. in its public offer for Aspire Global plc
Deal Value
SEK 4.3 billion
Role
Counsel to NeoGames S.A.

Ola Åhman

Mattias Friberg

Marcus Lehtinen

Marc Tevell de Falck

Lisa Kindstedt

Anton Eriksson

Maria Orrgard

Peter Forsberg
Parties
Smartly.io (Buyer), Ad-Lib.io (Target) and various sellers
Transaction
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.
Deal Value
Value not public
Role
Finnish counsel to Smartly.io

Sten Olsson

Emmi Kantola

Heikki Vesikansa

Isabella Kartila
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

Sini Paajanen

Johanna Haltia-Tapio

Anna Mäkinen

Piia Ahonen
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
Enersense International Oyj, Megatuuli Oy
Transaction
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.
Deal Value
EUR 18.5 million
Role
Counsel to Enersense International

Tapio Teräkivi

Riikka Rannikko

Katja Heikkinen

Robert Gordin

Anna Mäkinen

Milla Männistö

Emmi Nuutila

Risto Ojakoski

Julia Ranta

Vivi Jaatinen

Salla Mäki

Anni Ollus
Parties
Enersense International Oyj
Transaction
Counsel to Enersense International Oyj in its equity investment in and primary partnership arrangement with P2X Solutions Oy
Deal Value
Value not public
Role
Counsel to Enersense International

Sten Olsson

Riikka Rannikko

Robert Gordin
Parties
Girindus Investments and Re:NewCell
Transaction
Counsel to Girindus Investments in Its Sale of Shares in Re:NewCell
Deal Value
SEK 435 million
Role
Counsel to Girindus Investments

Mattias Friberg

Marcus Lehtinen

Anton Eriksson
Parties
Staffbase GmbH, Valo Solutions Oy
Transaction
Staffbase’s acquisition of Valo Solutions, the Finnish-based leading provider of intranets and workplace solutions.
Deal Value
Value not public
Role
Counsel to Staffbase GmbH

Heidi Haanpää

Sini Paajanen

Satu Kokko

Sofia Saarelainen

Anna Mäkinen

Axel Hård af Segerstad

Ingrid Remmelgas

Joakim Frände

Pauliina Sutinen
Parties
Nivika Fastigheter AB (publ)
Transaction
Counsel to Nivika Fastigheter AB (publ) on Its IPO and Listing on Nasdaq Stockholm Main List
Deal Value
SEK 1 000 million
Role
Counsel to Nivika Fastigheter AB (publ)

Mattias Friberg

Christoffer Saidac

Khaled Talayhan

Emma Greiff

Anton Eriksson

Lisa Kindstedt

Andreas Wingren

Josephine Gjerstad Medina

Rezan Akkurt

Alexander Lindqvist
Parties
Citycon Oyj
Transaction
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
Deal Value
EUR 65.8 million
Role
Counsel to Citycon Oyj

Mikko Heinonen

Klaus Ilmonen

Aki Salmela

Joonas Vartia
Parties
NEP Group, Inc. (a Carlyle Group portfolio company), Bright Group Oy (funds managed by CapMan Buyout)
Transaction
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.
Deal Value
Value not public
Role
Counsel to NEP Group, Inc. (a Carlyle Group portfolio company)

Annika Schauman

Johanna Wärnberg

Mikael Lustig

Antti Nyberg (Alanko)

Elisa Viiri

Ingrid Remmelgas

Josephine Gjerstad Medina

Jesper Nevalainen

Jenni Parviainen
Parties
Life Sciences Partners, EQT AB
Transaction
Advised the sellers of Life Sciences Partners (LSP), a leading European life sciences venture capital firm with approximately EUR 2.2 billion of assets under management, in connection with the sale of LSP to EQT AB.
Deal Value
EUR 450 million
Role
Counsel to the sellers of Life Sciences Partners (LSP)

Mattias Friberg

Christoffer Saidac

Khaled Talayhan
Parties
Tosibox Oy, Nexit Ventures and its partner 3TS Capital Partners
Transaction
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.
Deal Value
EUR 5 million
Role
Counsel to Tosibox Oy

Heidi Haanpää

Susanna Purovirta

Jesper Nevalainen
Parties
Anora Group Plc (Altia Plc, Arcus ASA) and Galatea AB
Transaction
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.
Deal value
Not public
Role
Lead counsel to Altia Plc (Anora Group Plc)

Riikka Rannikko

Sini Paajanen

Robert Gordin

Satu Kokko

Panu Siitonen

Mikko Huimala

Peter Forsberg

Lauri Putkonen

Essi Ellman

Piia Ahonen

Marika Sorsa
Parties
Episurf Medical AB
Transaction
Counsel to Episurf Medical AB on its private placement of new shares.
Deal Value
SEK 159 million
Role
Counsel to Episurf Medical AB

Mattias Friberg

Khaled Talayhan

Marc Tevell de Falck

Lisa Kindstedt
Parties
Wikström Family, Granitor, Mohammed Al Amoudi, Midroc Europe
Transaction
Counsel to the Wikström Family when Midroc Becomes Granitor
Deal Value
Value not public
Role
Counsel to the Wikström Family

Ola Åhman

Jonas Sjöberg

Mikael Stabo

Elisabeth Vestin

Albert Danielsson
Parties
Altia Plc, Arcus ASA
Transaction
Merger of Altia Plc and Arcus ASA to form Anora Group
Deal value
Preliminary aggregated annual revenue EUR 640 million
Role
Lead counsel to Altia Plc

Sonja Siggberg

Klaus Ilmonen

Anniina Järvinen

Robert Gordin

Kaisa Himmanen

Ebba Almén

Mikko Huimala

Lauri Putkonen

Essi Ellman

Jenni Heurlin

Peter Forsberg

Sarah Ek

Heikki Vesikansa

Harri Vehviläinen

Isabella Kartila

Markus Bremer

Tuomas Toivonen

Sami Niemi

Johanna Haltia-Tapio

Risto Ojakoski

Jenny Lundberg

Josephine Gjerstad Medina

Panu Siitonen

Sarita Schröder
Parties
BlackRock Real Assets (Buyer), Green Horizon Renewables a.s. and other minority investors (Sellers), Mikana portfolio (Target)
Transaction
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
Deal Value
Value not public
Role
Counsel to Green Horizon Renewables a.s. and other minority investors

Rabbe Sittnikow

Janna Pihanurmi

Roosa Väre

Noora Britschgi

Mikael Lustig

Milla Männistö

Valerie Wårvik

Klaus Metsä-Simola

Harri Vehviläinen

Ingrid Remmelgas

Janne Veneranta

Johanna Haltia-Tapio

Julia Ranta

Markus Manninen

Olli Mäkelä
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
