Tax
Tax
Hannes Snellman’s tax practice offers high-end corporate tax advice, VAT and other indirect tax advice, transfer pricing advisory, tax litigation assistance, and private wealth planning. The team continuously provides tax advice on major public and private M&A transactions, capital markets transactions, financial instruments, incentive schemes, as well as formation of private equity and other types of investment funds. Within private wealth planning, the team assists clients in succession tax planning, relocation tax advice, and investment structures. Hannes Snellman regularly represents clients to defend their tax positions in demanding tax litigation and often handles cases which become case law precedents for Finnish tax law. Our tax practitioners provide high-quality tax solutions in an increasingly complex field of law, and they have a strong international reputation for providing pragmatic and effective tax advice.
References
Parties:
Rebellion, Vihtan Oy
Transaction:
The acquisition of Vihtan Oy, a leading manufacturer of shower screens and glass doors, marked Rebellion’s establishment in Finland.
Deal Value:
Value not public
Role:
Counsel to Rebellion

Annika Schauman

Miklos Kovacs Kal

Mikael Byman

Jenni Parviainen

Ingrid Remmelgas

Isabella Kartila
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
Orange Capital Partners (Buyer), Starwood Capital Group and Avara Oy (Sellers)
Transaction
Hannes Snellman acted as counsel to Orange Capital Partners in the acquisition of a residential portfolio of 2,200 apartments located across 16 cities from Starwood Capital Group and Avara Oy
Deal Value
Value not public
Role
Counsel to Orange Capital Partners

Tapio Teräkivi

Heikki Vesikansa

Antti Nyberg (Alanko)

Tuomas Koivuniemi

Jenni Parviainen

Janne Veneranta

Valerie Wårvik

Isabella Kartila

Noora Christiansen

Mikael Wood

Sofia Ampuja

Rauli Elenius

Alisa Ainonen

Paavo Romakkaniemi

Essi Peltoniemi

Anniina Jaatinen

Axel Hård af Segerstad

Veera Heiskanen

Viivi Vikberg

Salla Mäki

Tiia Mäki

Victoria Reiter

Liisa Veckman

Vivi Jaatinen

Janita Stenroos
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

Sten Olsson

Antti Nyberg (Alanko)

Annika Schauman

Tuomas Toivonen

Matias Moberg

Emmi Kantola

Heikki Vesikansa

Stefan Stellato

Lauri Putkonen

Jenni Heurlin
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
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
Orange Capital Partners and another global investor (Buyers), Morgan Stanley (Seller)
Transaction
Orange Capital Partners' and another global investor's acquisition of a residential portfolio with 37 assets and 1,900 apartments from Morgan Stanley
Deal Value
Value not public
Role
Counsel to Orange Capital Partners and another global investor

Tapio Teräkivi

Heikki Vesikansa

Marjaana Martikainen

Jenni Parviainen

Janne Veneranta

Valerie Wårvik

Isabella Kartila

Noora Christiansen

Marika Sorsa

Minna Juhola

Mikael Wood

Sofia Ampuja

Julia Ranta

Anniina Jaatinen

Tiia Mäki

Salla Mäki

Janita Stenroos
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
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

Robert Gordin

Satu Kokko

Panu Siitonen

Mikko Huimala

Peter Forsberg

Lauri Putkonen

Essi Ellman

Piia Ahonen

Marika Sorsa
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.

Stefan Stellato

Heikki Vesikansa
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

Sonja Siggberg

Anniina Järvinen

Linnea Lehtonen

Tommi Kovero

Tero Pikkarainen

Oliver Vesterlund

Heikki Vesikansa

Stefan Stellato

Isabella Kartila

Antti Nyberg (Alanko)

Pauliina Sutinen

Axel Hård af Segerstad

Wilhelm Sanmark

Mikko Huimala

Jenni Heurlin

Douglas Essehorn

Emma Andersson
Parties
LähiTapiola Yhteiskuntakiinteistöt Suomi Ky
Transaction
The acquisition of two properties providing community services in Oulu, Finland.
Deal Value
Value not public
Role
Counsel to LähiTapiola

Matti Lajunen

Tuuli Pikkarainen

Harri Vehviläinen
Parties
Quadoro Investment GmbH, EKE-Construction Ltd.
Transaction
Counsel to a fund managed by Quadoro Investment GmbH in an acquisition of an office property located in Espoo with a lettable area of approximately 4,200 square metres from the constructor EKE-Construction Ltd.
Deal Value
Value not public
Role
Counsel to Quadoro Investment GmbH

Tapio Teräkivi

Heikki Vesikansa

Marjaana Martikainen

Julia Ranta

Jenni Parviainen

Piia Ahonen

Marika Sorsa

Isabella Kartila
Parties
Quadoro Investment GmbH, YIT Construction Ltd.
Transaction
Counsel to a fund managed by Quadoro Investment GmbH in an acquisition of a MEUR 32 office property located in Järvenpää with a lettable area of approximately 6,500 square metres from YIT Construction Ltd
Deal Value
EUR 32 million
Role
Counsel to Quadoro Investment GmbH

Juha Lindström

Heikki Vesikansa

Marjaana Martikainen

Julia Ranta

Jenni Parviainen

Piia Ahonen

Marika Sorsa

Isabella Kartila
Parties
Valmet, Neles
Transaction
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.
Deal Value
The combined value of the merging companies is approximately EUR 7 billion.
Role
Lead counsel to Valmet

Johan Aalto

Klaus Ilmonen

Jon Termonen

Annemari Rosi

Aki Salmela

Sofi Lehtinen

Satu Kokko

Kaisa Himmanen

Mikko Huimala

Antti Nyberg (Alanko)

Pauliina Sutinen

Heikki Vesikansa

Jenni Parviainen

Harri Vehviläinen
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

Sonja Siggberg

Anniina Järvinen

Sofi Lehtinen

Linnea Lehtonen

Tommi Kovero

Annemari Rosi

Aki Salmela

Heikki Vesikansa

Stefan Stellato

Isabella Kartila

Piia Ahonen

Marika Sorsa

Antti Nyberg (Alanko)

Tuomas Toivonen

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

Jenni Parviainen

Heikki Vesikansa

Stefan Stellato
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.

Heidi Haanpää

Riikka Kuha

Agda Vähä-Piikkiö

Linnea Lehtonen

Heidi Kärki

Jenni Parviainen

Joakim Frände

Hanna Lindberg
Parties
Amazon (Buyer), Umbra (Target)
Transaction
The acquisition of Umbra by Amazon.
Deal Value
Value not public
Role
Counsel to Umbra

Sten Olsson

Emmi Kantola

Jesper Nevalainen

Heikki Vesikansa

Jenni Parviainen

Joakim Frände

Johanna Haltia-Tapio

Mikael Byman
Counsel in a Supreme Administrative Court Yearbook case clarifying taxation related to dividend in natura.

Jenni Parviainen

Heikki Vesikansa
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

Johan Aalto

Sonja Siggberg

Mattias Friberg

Antti Kuha

Annemari Rosi

Khaled Talayhan

Robert Gordin

Heikki Vesikansa

Stefan Stellato

Harri Vehviläinen

Helena Lamminen

Laura Sainio

Antti Nyberg (Alanko)

Marc Tevell de Falck
Counsel to a taxpayer in the Supreme Administrative Court Yearbook case outlining VAT treatment of coworking services.

Piia Ahonen

Heikki Vesikansa
Parties
A fund managed by Quadoro Investment GmbH
Transaction
Acquisition of Hermia 5 and Hermia 6 office properties located in the Hermia Science Park in Tampere with a lettable area of approximately 30,000 square metres
Deal value
Value not public
Hannes role
Counsel to a fund managed by Quadoro Investment GmbH
Hannes team
Tapio Teräkivi, Heikki Vesikansa, Markus Bremer, Marjaana Martikainen, Jenni Parviainen, Piia Ahonen, Meeri Karlsson, Ella Rinne, Panu Vikberg, Linda Launonen, and Viivi Rousku.

Tapio Teräkivi

Heikki Vesikansa

Markus Bremer

Marjaana Martikainen

Jenni Parviainen

Piia Ahonen

Panu Vikberg

Viivi Vikberg
Parties
City of Espoo, Kumppanuuskoulut Oy, YIT Oyj, Meridiam Investments II
Transaction
The City of Espoo signed a service agreement with Kumppanuuskoulut Oy on the implementation of five schools and three daycare centres
Deal Value
Approx. EUR 300 million
Role
Counsel to City of Espoo
Team
Rabbe Sittnikow, Jussi Ekonen, Janna Pihanurmi, Janne Veneranta, Roosa Väre, Markus Bremer, Maria Landtman, Samuli Pirinen, Heikki Vesikansa, Harri Vehviläinen, Piia Ahonen, Joakim Lavér

Rabbe Sittnikow

Janna Pihanurmi

Janne Veneranta

Roosa Väre

Markus Bremer

Maria Landtman

Heikki Vesikansa

Harri Vehviläinen

Piia Ahonen

Joakim Lavér
Counsel in Administrative Court case confirming mutual real estate company’s taxation under Business Income Tax Act.

Jenni Parviainen

Heikki Vesikansa
Parties
DWS (buyer), Regenero (Seller)
Transaction
DWS's acquisition of the Accountor Tower, a 24,000 sq. m. office development in Keilaniemi, Espoo, from YIT and HGR Property Partners’ joint venture Regenero
Deal Value
Value not public
Role
Counsel to DWS

Tapio Teräkivi

Tuuli Pikkarainen

Panu Vikberg

Noora Britschgi

Heikki Vesikansa

Jenni Parviainen

Piia Ahonen
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

Klaus Ilmonen

Mattias Friberg

Heidi Haanpää

Anniina Järvinen

Antti Kuha

Heikki Vesikansa

Jenni Parviainen

Khaled Talayhan

Marcus Lehtinen

Kaisa Himmanen

Linnea Lehtonen

Pauliina Sutinen

Stefan Stellato
Parties
FSN Capital, eCraft, Orango, Fellowmind
Transaction
Fellowmind, eCraft and Orango merge to create European Microsoft Business Applications platform
Deal Value
Value not public
Role
Counsel to eCraft and its owners

Mikko Heinonen

Kaisa Himmanen

Heikki Vesikansa
Counsel in Supreme Administrative Court case confirming equal treatment of a Swedish real estate investor in Finnish taxation

Heikki Vesikansa

Harri Vehviläinen

Stefan Stellato
Parties
Outotec Oyj, Metso Corporation
Transaction
The combination of Outotec and Metso Minerals through a demerger
Deal Value
EUR 3.9 billion (illustrative combined sales)
Role
Counsel to Outotec Oyj

Mikko Heinonen

Klaus Ilmonen

Markus Bremer

Peter Forsberg

Anna-Maria Tamminen

Heikki Vesikansa

Johanna Haltia-Tapio

Elina Toivakainen

Jenni Parviainen

Annemari Rosi

Emmi Kantola

Stefan Stellato

Maria Landtman

Sarah Ek

Nathalie Miskin

Marcus Nyberg

Victor Bjerselius
Counsel in Supreme Administrative Court case confirming that Refinancing of real estate company’s bank loans is not subject to transfer tax.

Heikki Vesikansa
Counsel in Supreme Administrative Court case confirming real estate investor’s right to deduct VAT on transaction expenses

Heikki Vesikansa

Piia Ahonen
Counsel in Supreme Administrative Court case confirming that share transfer tax is not due on purchase price of shareholder loans

Heikki Vesikansa
Parties
Peab AB (Buyer), YIT Corporation (Seller), YIT’s Nordic paving and mineral aggregates businesses (Targets)
Transaction
YIT’s sale of its Nordic paving and mineral aggregates businesses in Finland, Sweden, Norway and Denmark to Peab
Deal Value
EUR 280 million
Role
Counsel to YIT Corporation

Mikko Heinonen

Kaisa Himmanen

Jesper Nevalainen

Klaus Metsä-Simola

Heikki Vesikansa

Harri Vehviläinen

Markus Bremer

Emmi Kantola

Johanna Haltia-Tapio

Klaara Lähteenoja

Jenny Lundberg

Janna Pihanurmi
Parties
Tieto Corporation, EVRY ASA
Transaction
The combination of Tieto and EVRY through a cross-border merger
Deal Value
Value not public
Role
Counsel to EVRY ASA

Klaus Ilmonen

Elisabeth Vestin

Anna Ribenfors

Riikka Kuha

Annika Schauman

Stefan Stellato
Counsel to a taxpayer receiving confirmation that a transfer of a business at an early stage qualifies as a transfer of a going concern for VAT purposes.

Piia Ahonen

Heikki Vesikansa

Jenni Parviainen
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
Funds managed by Sentica Partners Oy (Buyer), Mikael Swanljung and his family (Sellers), Picnic Finland Oy, Europicnic Oy and La Torrefazione Oy (Targets)
Transaction
Sentica Partners’ acquisition of majority ownership in Picnic Company Group from Mikael Swanljung and his family
Deal Value
Value not public
Role
Counsel to Mikael Swanljung and his family

Mikko Heinonen

Heikki Vesikansa
The Finnish Supreme Administrative Court issued a resolution concerning the VAT treatment of intermediary services to Finnish students aiming to study abroad in the U.S. Piia Ahonen successfully defended the client’s position through instances, and the resolution issued by the Supreme Administrative Court as a yearbook decision finally confirms that the client’s position is right and that the tax assessments were unlawful. The intermediary services are not subject to Finnish VAT due to the fact that the client acted as an intermediary between U.S. schools and Finnish students in relation to U.S.-based education and accommodation services that are not taxed in Finland.

Piia Ahonen
Parties
Nordic Healthcare Group Oy, Vaaka Partners Oy
Transaction
Vaaka Partner's investment in Nordic Healthcare Group
Deal Value
Value not public
Role
Counsel to Vaaka Partners

Sten Olsson

Heikki Vesikansa

Harri Vehviläinen

Johanna Haltia-Tapio

Mikael Lustig

Matias Moberg
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
Areim Fund III (Buyer), Avant Capital Partners, Varma Mutual Pension Insurance Company, EPISO 4 fund (Sellers)
Transaction
Areim Fund's acquisition of a portfolio of eight office properties from Avant Capital Partners, Varma Mutual Pension Insurance Company and EPISO 4 fund advised by Tristan Capital Partners
Deal Value
Value not public
Role
Counsel to Areim Fund III

Tapio Teräkivi

Heikki Vesikansa

Markus Bremer

Antti Nyberg (Alanko)

Katja Heikkinen

Jenni Parviainen

Carolina Lefort Ahokanto

Panu Vikberg
Parties
Skandia Fastigheter AB (Seller), Castellum AB (Buyer)
Transaction
Skandia Fastigheter AB's divestment of a 14,400 sqm of office property in Helsinki to Castellum AB
Deal Value
Value not public
Role
Counsel to Skandia Fastigheter AB

Tapio Teräkivi

Heikki Vesikansa

Harri Vehviläinen
Parties
CapMan Infra (Bidder), Elenia Group (Target)
Transaction
CapMan Infra signed to invest in Elenia, a leading Finnish electricity network and district heat company
Deal Value
EUR 70 million
Role
Counsel to CapMan Infra

Rabbe Sittnikow

Heikki Vesikansa

Jari Tukiainen

Harri Vehviläinen

Jenni Parviainen
Parties
CVC Capital Partners, LocalTapiola, Varma, Ilmarinen, Mehiläinen management (Buyers), Mehiläinen Oy (Target), Kohlberg Kravis Roberts & Co. L.P., Triton Partners (Sellers)
Transaction
LocalTapiola's co-investment with CVC Capital Partners, Varma and Ilmarinen to Mehiläinen Oy, a leading Finnish private health- and social care provider
Deal Value
Value not public
Role
Counsel to LocalTapiola

Heikki Vesikansa

Roosa Väre

Kaisa Himmanen
Handled pilot cases concerning the tax treatment of debt pushdown in the Supreme Administrative Court.
Counsel to a tax payer in a court proceeding which confirmed that earn out payments cannot be taxed as salary income subject to highest progressive tax rates.
Counsel to several landlords defeating Finnish Tax Authorities’ attempt to deny VAT deductions on the basis of tenant’s bankruptcy.
Counsel to a client receiving confirmation from the Supreme Administrative Court that despite domestic tax law provisions the treaty dividend participation exemption prevents Finland from taxing a capital repayment from paid-in capital by a US subsidiary.

Heikki Vesikansa

Harri Vehviläinen

Stefan Stellato
Counsel to a taxpayer in a case concerning the VAT treatment of coworking services.
Parties
A fund managed by J.P. Morgan Asset Management (Seller), a fund managed by Genesta (Buyer)
Transaction
J.P. Morgan Asset Management's disposal of a 66,680 sqm logistics property in Espoo to a fund managed by Genesta
Deal Value
Value not public
Role
Counsel to J.P. Morgan

Tapio Teräkivi

Heikki Vesikansa

Katja Heikkinen

Harri Vehviläinen
Parties
Santander Consumer Finance Oy, SFC Rahoituspalvelut Kimi VI DAC
Transaction
Issue of EUR 634,700,000 Class A Notes and EUR 64,800,000 Class B Notes by SFC Rahoituspalvelut Kimi VI DAC secured by a portfolio of hire purchase agreements made by Santander Consumer Finance Oy
Deal Value
EUR 699,500,000
Role
Counsel to Santander Consumer Finance Oy

Henrik Mattson
Parties
Vaaka Partners (Buyer), management and minority shareholders (Sellers), Smoothie Heaven Oy (Target)
Transaction
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
Deal Value
Value not public
Role
Counsel to Vaaka Partners

Sten Olsson

Heikki Vesikansa

Johanna Haltia-Tapio

Mikael Lustig
Parties
Skandia Fastigheter (Buyer), Fund managed by TRIUVA (Seller), 14,400 sqm of office property (Target)
Transaction
Skandia Fastigheter’s acquisition of 14,400 sqm of office property in Helsinki from a fund managed by TRIUVA.
Deal Value
Value not public
Role
Counsel to Skandia Fastigheter

Tapio Teräkivi

Heikki Vesikansa

Harri Vehviläinen
Parties
Ahlström Capital (Buyer), Oy GW Sohlberg Ab (Seller), 39% of shares in Detection Technology and 18% of shares in Glaston (Targets)
Transaction
Ahlström Capital’s acquisition of shares in Detection Technology and Glaston from Oy GW Sohlberg Ab
Deal Value
Approx. EUR 110 million
Role
Counsel to Oy GW Sohlberg Ab

Johan Aalto

Heikki Vesikansa
Parties
Lemminkäinen Corporation and YIT Corporation
Transaction
The combination of Lemminkäinen Corporation and YIT Corporation through a statutory merger
Deal Value
EUR 771 million
Role
Counsel to Lemminkäinen

Sonja Siggberg

Mikko Heinonen

Markus Bremer

Heikki Vesikansa

Johanna Haltia-Tapio

Elina Toivakainen

Laura Tavakka

Heikki Majamaa

Harri Vehviläinen

Jenni Heurlin

Stefan Stellato
Parties
J.P. Morgan Asset Management fund (Seller), Alma Property Partners I AB (Buyer)
Transaction
The disposal of four office properties in the Keilaniemi business district of Espoo, Finland by a J.P. Morgan Asset Management fund to Alma Property Partners I AB
Deal Value
Value not public
Role
Counsel to J.P. Morgan

Tapio Teräkivi

Heikki Vesikansa

Harri Vehviläinen

Katja Heikkinen
Parties
J.P. Morgan Asset Management (Seller); Genesta (Buyer)
Transaction
Disposal of a 11,200 sqm office property in Helsinki by a fund managed by J.P. Morgan Asset Management to a fund managed by Genesta
Deal Value
Value not public
Role
Counsel to J.P. Morgan Asset Management

Tapio Teräkivi

Heikki Vesikansa

Katja Heikkinen

Janne Veneranta

Tuuli Pikkarainen
Parties
Ahlstrom Oyj, Munksjö Oyj
Transaction
The combination of Ahlstrom and Munksjö through a merger
Deal Value
Approx. EUR 1,2 billion
Role
Lead counsel to Ahlstrom

Johan Aalto

Sonja Siggberg

Antti Kuha

Heikki Vesikansa

Janne Veneranta

Johanna Haltia-Tapio

Annemari Rosi

Stefan Stellato
Parties
Powerflute Oyj (Target), Madison Dearborn Partners, LLC (Bidder)
Transaction
Recommended cash offer for Powerflute Oyj by Nordic Packaging and Container (Finland) Holdings Oy an affiliate of Madison Dearborn Partners, LLC
Deal Value
GBP 268 million
Role
Counsel to Powerflute Oyj

Mikko Heinonen

Klaus Ilmonen

Heikki Vesikansa

Markus Bremer

Elina Toivakainen
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
State of Finland (Seller), Patria Oyj (Target), Kongsberg Defence & Aerospace AS (Buyer)
Transaction
The Finnish government's sale of 49.9% of its shares in Patria Oyj to Kongsberg Defence & Aerospace AS
Deal Value
EUR 272 million
Role
Counsel to Patria and its shareholder

Panu Siitonen

Rabbe Sittnikow
