Parties

PCP, Nordic Leisure Travel Group AB

Deal

Counsel to PCP in its EUR 60 million loan facility to Nordic Leisure Travel Group AB

Deal Value

EUR 60 million loan facility

Role

Counsel to PCP

Parties

Nordea Bank Abp, Cervi Talotekniikka Oy (target), Intera Partners (buyer)

Transaction

Counsel to Nordea Bank Abp in the financing of acquisition of Cervi Talotekniikka Oy by Intera Partners.

Deal Value

Classified

Role

Counsel to Nordea Bank Abp

Parties

Nordea Bank Abp and LocalTapiola, Spinverse Oy (target), Evolver Equity (buyer)

Transaction

Counsel to Nordea Bank Abp and LocalTapiola in the financing of acquisition of Spinverse Oy by Evolver Equity

Deal Value

Classified

Role

Counsel to Nordea Bank Abp and LocalTapiola

Counsel to OP Mortgage Bank in connection with the update of its EUR 25,000,000,000 Euro Medium Term Covered Bond (Premium) Programme.

Parties:

Verdane Capital, Lumene

Transaction:

The refinancing of Lumene

Deal Value:

Value not public

Role:

Counsel to Verdane Capital and Lumene

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

Counsel to Exilion in the Construction and Financing of Isokangas and Palokangas Wind Farms. The projects will be constructed in Ii in northern Ostrobothnia, Finland, and will have an aggregate capacity of 100MW. The estimated yearly production of the two wind farms will be around 320,000 MWh. Our team advised Exilion in respect of negotiating turbine supply and services, balance of plant and financing agreements.

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

Parties 

PCP and Avia Pharma AB

Transaction

PCP in its SEK 350 million term loan to Avia Pharma AB

Deal Value 

SEK 350 million term loan

Role 

Counsel to PCP

Parties

Sandbäckens (buyer), LH Ventteknik AB (target)

Transaction

Sandbäckens in its acquisition of LH Ventteknik AB

Deal Value 

Value not public 

Role

Counsel to Sandbäckens

Parties: 
Meko AB (publ)

Transaction

Counsel to Meko AB (publ) in its refinancing of existing financing agreements. 

Deal Value

Meko AB's refinancing of SEK 1,965,000,000 term loans and amendment and restatement agreement of its revolving credit facility of SEK 1,300,000,000.

Role:

Counsel to Meko AB (publ)

Parties 

VASS Group (buyer), Zington AB (target)

Transaction

Counsel to VASS Group in the acquisition of Zington

Deal Value 

Value not public 

Role 

Counsel to VASS Group 

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

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.

Parties

Nordea Bank Abp, Skandinaviska Enskilda Banken (publ), and VR-Group Ltd

Transaction

Hannes Snellman acted as counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ) in EUR 100 million term credit facility of VR-Group Ltd.

Deal Value

EUR 100 million

Role

Counsel to Nordea Bank Abp and Skandinaviska Enskilda Banken (publ)

Parties:

PCP, Kry International AB

Transaction:

Counsel to PCP in their ESG-linked Debt Financing to Kry International AB

Deal Value:

Value not public

Role:

Counsel to PCP

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 

Parties:

Mandatum Asset Management Ltd, NREP’s Noli Studios

Transaction:

Counsel to Mandatum Asset Management Ltd in arranging a senior secured financing for the acquisition of land and for the construction of NREP’s Noli Studios in Otaniemi, Espoo

Deal Value:

Value not public

Role:

Counsel to Mandatum Asset Management Ltd

Parties:

Xindao, Vinga Sweden

Transaction:

Counsel to Xindao in Its Acquisition of Vinga Sweden

Deal Value:

Not public

Role:

Counsel to Xindao

Parties:

Vitec Software Group AB

Transaction:

Counsel to Vitec Software Group AB (publ) in its refinancing and extension of its loan facilities

Deal Value:

Not public

Role:

Counsel to Vitec Software Group AB

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

Parties:

KLAR Partners, Oleter Group, Swoosh

Transaction:

Counsel to KLAR Partners backed Oleter Group in the merger between its underground infrastructure maintenance business (UIM) and Swoosh

Deal Value:

Value not public

Role:

Counsel to KLAR Partners 

Parties:

Ahlström Capital BV and Nidoco AB (buyers), Ahlstrom-Munksjö (seller), Decor Solutions business area (target)

Transaction:

The buying consortium comprising Ahlström Capital BV and Nidoco AB, in the investment in the majority share of Ahlstrom-Munksjö’s Decor Solutions business area.

Deal Value:

Value not public

Role:

Counsel to the buying consortium (Ahlström Capital BV and Nidoco AB)

Parties:

CapMan Real Estate (buyer), Goldman Sachs Asset Management and Cromwell Property Group (sellers)

Transaction:

The acquisition and financing of an office property portfolio from Goldman Sachs Asset Management and Cromwell Property Group.

Deal Value:

Value not public

Role:

Counsel to CapMan Real Estate.

Parties 

NREP (Buyer), a fund managed by Genesta (Seller)

Transaction 

Hannes Snellman acted as counsel to NREP in the financing and refinancing of the acquisition of the historic office property Bulevardi 21 located in Central Helsinki from a fund managed by Genesta.

Deal Value 

Value not public

Role

Counsel to NREP

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.

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

Parties 

LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

Transaction 

Hannes Snellman acted as counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky in its arrangement for syndicated loan facilities for acquisition of Finnish properties

Deal Value 

Value not public

Role

Counsel to LähiTapiola Yhteiskuntakiinteistöt Suomi Ky

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

Parties 

Areim, Valio Pension Fund

Transaction 

Acquisition of an office property, located in Helsinki at Kaikukatu 3 A, from Valio Pension Fund

Deal Value 

Value not public

Role

Counsel to Areim

Counsel to Eltel AB in financing agreement with banks comprising a EUR 35 million term loan and EUR 90 million revolving credit facility.

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 

Role

Counsel to Oriola Corporation

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

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

Counsel to Nordea Bank Abp in Financing the Acquisition of KaVo Treatment Unit & Instrument business (2020 turnover of approximately USD 317 million) by Planmeca Oy, a global leader in many fields of healthcare technology.

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.

Parties 

Church of Sweden's pension foundation and the Swedish Foundation for Strategic Research

Transaction 

Acted as counsel to the Church of Sweden's pension foundation and the Swedish Foundation for Strategic Research in the debt financing of their purchase of the remaining 46% of shares in Fastighets AB Stenvalvet (publ) from Kåpan Tjänstepensionsförening.

Deal Value 

Role

Counsel to the Church of Sweden's pension foundation and the Swedish Foundation for Strategic Research

Parties

Dustin Group

Transaction

Counsel to Dustin Group in relation to its sustainability linked credit facility

Deal Value

SEK 5 billion

Role

Counsel to Dustin Group

Parties
YIT

Transaction
Issue of two EUR 100 million green bonds and EUR 100 million green capital securities by YIT Oyj

Deal Value

EUR 300 million

Role
Counsel to YIT

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

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

Parties

Nordea Bank Abp, Duell Bike-Center, Tecno Globe

Transaction

Counsel to Nordea Bank Abp in financing the acquisition of Tecno Globe by Duell Bike-Center, a portfolio company of Sponsor Capital, and the refinancing of existing financing of Duell Bike-Center

Deal Value

Value not public

Role

Counsel to Nordea Bank Abp

Parties 

PCP and Aarke

Transaction 

Counsel to PCP in connection with its debt financing of Aarke, who provided a five-year senior secured loan facility to Aarke

Deal Value 

Role

Counsel to PCP

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

Parties

LAK Real Estate Oy, Kiinteistö Oy Apron

Transaction

Counsel to LAK Real Estate Oy in financing of hotel construction at Helsinki Airport

Deal Value 

EUR 120 million

Role

Counsel to LAK Real Estate Oy and Kiinteistö Oy Apron and it's direct parent companies

Parties 

Gores Guggenheim, Inc., Polestar

Transaction 

Counsel to Gores Guggenheim, Inc., a special purpose acquisition company (SPAC) formed by the affiliates of The Gores Group and Guggenheim Capital, LLC, in its proposed business combination with the global electric performance car company Polestar.

Deal Value 

Role

Counsel to Gores Guggenheim, Inc.

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

Counsel to Nordea Bank Abp in relation to its issue of U.S.$1,000,000,000 Perpetual Reset Additional Tier 1 Conversion Notes on 1 September 2021.

Parties 

Holmström Fastigheter AB, Areim AB, Magnolia Bostad AB

Transaction 

Counsel to consortium of F. Holmström Fastigheter AB and Areim AB on its public offer for Magnolia Bostad AB

Deal Value 

The offer values Magnolia Bostad at approximately SEK 2,9 billion

Role

Counsel to consortium of F. Holmström Fastigheter AB and Areim AB

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

CapMans fund CapMan Buyout XI has entered into an agreement to invest in a leading sports nutrition and equipment company, MMSports. CapMan will acquire a majority equity share in the company, with key members of the MMSports organisation investing a significant share. CapMan will partner with the MMSports team to continue to support its accelerated growth and international expansion. The investment is the third investment made by the CapMan Buyout XI fund, which was established in 2019.

Our advisory team included Johanna Wärnberg, Alexander Lindqvist, and Anna Bergström (M&A Private); and Paula Röttorp and Albert Danielsson (Finance).

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