Johanna Haltia-Tapio

We further advised the client in the implementation of restructurings and temporary layoffs, changes to terms of employment, and handling of employee claims, also including claims to the Ombudsman for Equality and the Non-Discrimination.

Counsel to Plantagen Finland’s bankruptcy estate, supporting the estate administrator in taking over the bankruptcy estate, realization of assets, managing the estate's premises, and general matters related to the bankruptcy process.

Parties

NYAB AB, Dovre Group Plc

Transaction

NYAB AB's acquisition of Dovre Group Plc’s Norwegian consulting business and global project personnel business.

Deal Value

EUR 34 million

Role

Counsel to NYAB AB

Counsel to a Nordic client in the banking sector in employment matters related to a reorganisation of their operations.

Counsel to a client in the wholesale sector in an employment matter concerning termination of an employment agreement and the entering into of a mutual termination agreement.

Parties

Sampo plc and Topdanmark A/S

Transaction

Sampo plc's recommended public exchange offer for the shares in Topdanmark A/S

Deal Value

DKK 33 billion

Role

Counsel to Sampo plc

Parties

Cargotec Corporation and Kalmar Corporation

Transaction

Cargotec’s partial demerger and separation of Kalmar

Deal Value

Approx. EUR 2.0 billion (illustrative carve-out sales)

Role

Counsel to Cargotec Corporation and Kalmar Corporation

Counsel to a global client in the telecoms industry in a global reorganisation of workforce as well as in varying day-to-day employment law matters, such as contract amendments and analysis related to post-contractual restrictive covenants.

Counsel to a client in the engineering and construction sector in arrangement of group internal foreign postings. The advice concerned questions within employment, social security, and tax regulations.

Parties

Accel-KKR, Aico Group, Juuri Partners

Transaction

Accel-KKR’s majority equity investment in Aico Group

Deal Value

Value not public

Role

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

Counsel to a company in the forest industry in questions regarding political strikes and potential layoffs.

Counsel to a client in the medical sector in the implementation of a restructuring and temporary layoffs.

Assisted client in the automobile industry in a restructuring and related cooperation proceedings.

Counsel to a client in the media sector before the Insurance Court and the Pension Appeal Board in precedent-setting matters concerning application of the Finnish pension legislation.

The assistance included preparation of and support during the change negotiation process with the employees in Finland, drafting of related documents as well as mutual separation agreements.

Counsel to a publicly traded company in clothing industry in multiple employment law matters including change negotiations, working hours arrangements, general co-operation with shop stewards, collective bargaining agreements, changes in terms of employment, benefit related matters as well as terminations of employment.

Counsel to a client in biopharmaceutical industry in various employment law related matters, including e.g. advice related to change negotiations, working hours arrangements, changes in terms of employment, terminations of employment, issues related to family leaves as well as matters related to employee benefit.

Counsel to a tech company in a global reorganisation of workforce.

Counsel to several publicly traded companies in questions related to arrangement of employee participation both within Finland and cross borders.

Counsel to several publicly traded companies in the preparation and implementation of the exit of the former CEO, as well as in the drafting of the terms of assignment of the new CEO.

Counsel to a client in the textile industry in questions related to employee cooperation and strikes.

Counsel to a learning business company in the planning and implementing of a restructuring of the operations of its multi-jurisdictional subsidiary, including coordination of the statutory processes in several jurisdictions.

Parties:

Uponor Corporation (target), Georg Fischer Ltd (buyer)

Transaction: 

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. 

Value:

EUR 2.1 billion

Role:

Counsel to Uponor Corporation

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

Counsel to a client in advertising industry in the terms of termination of several members of management as well as in the recruitment process of a new managing director, including drafting of related agreements.

Counsel to a client in the media sector in the multitude of different type of employment law assignments related to various group companies, including manager agreements, termination agreements, advice related to non-competition obligations and terminations of employment on personal grounds.

Counsel to a tech company in a global reorganisation of workforce.

Counsel to a company in the food industry in matters related to subcontracting, hiring foreign workforce and seasonal workforce.

Counsel to a leading Northern European company in the food industry in the process for the departure of the retiring managing director and appointment of the new managing director.

Parties:

Cargotec Corporation, Konecranes Plc

Transaction:

The announced, but subsequently abandoned, merger of Cargotec and Konecranes in 2021-2022

Deal value:

Approx. EUR 2.7 billion

Role:

Counsel to Konecranes Plc

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

We advised the client in setting up operations in the Finnish Lapland and preparing feasible employment models and work permits for a staff consisting of up to 200 noncitizens.

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:

Gasgrid Finland Oy, Excelerate Energy

Transaction:

Gasgrid Finland Oy's chartering of an LNG Floating Storage and Regasification Unit from Excelerate Energy.

Deal Value:

EUR 460 million

Role:

Counsel to Gasgrid Finland Oy

Counsel to a publicly traded infra and energy company in relation to their obligations in connection with reduction of workforce and related negotiations.

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

Counsel to a multinational company in a merger, including harmonisation of employment policies and practices.

Advised Pankaboard in its negotiations with the Paper Workers’ Union and Trade Union Pro to conclude company-specific collective bargaining agreements for its paper workers and salaried employees, respectively.

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

Counsel to several listed companies in the assignment and termination of new members to their top management.

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

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

Parties

Assemblin, Tom Allen Senera

Transaction

Counsel to Assemblin in its acquisition of Tom Allen Senera, a Finland-based systems supplier of energy solutions to properties.

Deal Value

Value not public

Role

Counsel to Assemblin

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

We advised the client in arranging employee participation on the board of directors of the combined company (Anora Group Plc) in connection with a cross-border merger between Altia Plc and Arcus ASA, as required by the EU directive 2017/1132.

Parties

Amazon (Buyer), Umbra (Target)

Transaction

The acquisition of Umbra by Amazon. 

Deal Value

Value not public

Role

Counsel to Umbra

Parties 

Oy Linde Gas Ab (Buyer), Neste Markkinointi Oy (Seller), Neste’s cylinder gas business and stake in Oy Innogas Ab (Targets)

Transaction 

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

Value not public

Role 

Counsel to Oy Linde Gas Ab

Parties

PPG Industries, Inc. (Bidder), Tikkurila Oyj (Target)

Transaction

Recommended public cash tender offer for all of the shares in Tikkurila by PPG Industries, Inc.

Deal Value

EUR 1.5 billion

Role

Counsel to Tikkurila Oyj

Parties

Telia Company (Seller), Polhem Infra (Buyer), Telia Carrier (Target)

Transaction

Telia Company’s divestment of Telia Carrier to Polhem Infra

Deal Value

SEK 9,450 million

Role

Finnish counsel to Telia Company

Parties

Castellum (Buyer), Lindström Invest (Target)

Parties

ABB and Hitachi

Transaction

Sale of ABB's Power Grids business to Hitachi

Deal Value

Enterprise Value of USD 11 billion for 100% of Power Grids

Role

Finnish Counsel to ABB

Parties

ABB and FIMER S.p.A

Transaction

Sale of ABB's solar inverter business to FIMER S.p.A

Deal Value

Value not public

Role

Finnish Counsel to ABB

Parties 

Quest Diagnostics Incorporated (Buyer), Shareholders of Blueprint Oy (Sellers), Blueprint Genetics Oy (Target)

Transaction

The sale of Blueprint Genetics’ entire share capital to Quest Diagnostics

Deal Value 

Value not public 

Role

Counsel to Blueprint Genetics and its owners

Counsel to a Finnish subsidiary of a global public listed company in the automobile industry. We advised the company in the co-operation proceedings relating to reduction of workforce as well as the restructuring of its operations. Our advice included general guidance related to the restructuring, preparation of documentation relating to the co-operation proceedings and drafting of termination agreements.

Counsel to a major investment company, in a delicate and strategically challenging matter regarding a prominent manager whose inappropriate behaviour had become intolerable. With our help the client was able to sign a termination of an employment contract without any legal battles or PR risk.

Counsel to a Finnish subsidiary of a global public listed company in the pharma sector, in the integration process following an acquisition of another global public listed company in the same sector. Our advice has included both advice relating to the combination and restructuring of the operations, co-operation proceedings relating to reduction of workforce as well as ongoing employment and management related guidance.

Counsel to a government owned company with regard to the termination of the former CEO, the recruitment process of the new CEO as well as other amendments related to the management of the company. In addition, we have supported the client in other general employment law matters.

Counsel to the Finnish subsidiaries of a multinational professional services company in a restructuring process and relating co-operation proceedings, involving in total 1,200 employees.

Counsel to Pankaboard Oyj in the outsourcing of steam production to Adven Oy

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

Parties

Marrone Bio Innovations, Inc. (Buyer), shareholders of Pro Farm Technologies Oy (Sellers), Pro Farm Technologies Oy (Target)

Transaction

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

Deal Value

USD 31.8 million

Role

Counsel to Marrone Bio Innovations, Inc.

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

Counsel to CEMEX in its sale of assets in the Baltics and Nordics to the German building materials group SCHWENK, 2019

Parties

Fazer Food Services, Compass Group PLC

Transaction

Fazer Group in its divestment of Fazer Food Services to Compass Group PLC

Deal Value

EUR 475 million

Role

Counsel to Fazer Group

Counsel in strategic public procurement to Finavia Oyj, which maintains and developes all Finnish airports.

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

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.

Parties

IVG Polar Oy (Seller), Goldman Sachs and Cromwell Property Group (Buyers)

Transaction

IVG Polar Oy's divestment of an office portfolio with a lettable space of 132,000m² to Goldman Sachs and Cromwell Property Group

Deal Value

EUR 108.5 million

Role

Counsel to IVG Polar Oy

Parties

Orion Corporation (Seller), Axcel Management A/S (Buyer), Orion Diagnostica Oy (Target)

Transaction

Orion Corporation's divestment of the diagnostics business unit Orion Diagnostica Oy to a private equity fund managed by Axcel Management A/S

Deal Value

Value not public

Role

Counsel to Orion Corporation

Parties

OP Financial Group (Seller), Vienna Insurance Group (Buyer), Seesam Insurance AS (Target)

Transaction

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)

Deal Value

Value not public

Role

Counsel to OP Financial Group

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

Parties

Wise Group (Buyer), Management and minority shareholders (Sellers), Sito Oy (Target)

Transaction

Combination of Wise Group and Sito Oy

Deal Value

Value not public

Role

Counsel to Wise Group

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

Parties

Parties

Trust Kapital (Buyer); Enfo Oyj (Seller); Enfo Zender (Target)

Transaction

Sentica’s portfolio company Trust Kapital's acquisition of Enfo Zender, Enfo Oyj’s information logistics subsidiary

Deal Value

Value not public

Role

Counsel to Trust Kapital

Parties

Intera Fund III Ky (Buyer), Management and minority shareholders (Sellers), Wise Group Finland Oy (Target)s

Transaction

Intera’s acquisition of majority ownership in Wise Group Finland Oy from the management and minority shareholders

Deal Value

Value not public

Role

Counsel to Intera

Parties

Hartwall Capital Oy Ab (Buyer), SUEZ Suomi Oy (Target)

Transaction

Hartwall Capital Oy Ab's acquisition of SUEZ Suomi Oy, comprising the Finnish operations of SUEZ Group

Deal Value

Value not public

Role

Counsel to Hartwall Capital Oy Ab

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

Parties

Sentica Partners and a number of private individuals (Sellers), Humana AB (Buyer), Arjessa Oy (Target)

Transaction

Sentica Partners and a number of private individuals sold the leading Finnish psychosocial care provider to Humana AB

Deal Value

EUR 32 million (EV)

Role

Counsel to Humana AB

Parties

Cor Group Oy, Industry Investment, Norvestia Plc and acting management (Sellers), EQT MidMarket Limited Partnership (Buyer), Touhula Varhaiskasvatus Oy (Target)

Transaction

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.

Deal Value

Value not public

Role

Counsel to EQT

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

Parties

Veolia, Neste and Borealis

Transaction

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

Deal Value

Approximately EUR 350 million

Role

Counsel to Veolia

Parties

Mondi Group (Buyer), Walki Group (Seller)

Transaction

Mondi Group's acquisition of Walki Group's extrusion coating plants located in Pietarsaari, Finland and Wroclaw, Poland

Deal Value

EUR 60 million

Role

Counsel to Mondi AG

Parties

Vossloh Rail Services International GmbH and VR Track Oy

Transaction

Establishment of a joint venture structure for rail welding business operations in Finland

Deal Value

Value not public

Role

Counsel to Vossloh Rail Services International GmbH

Parties

Vossloh Nordic Switch Systems AB and VR Track Oy

Transaction

Combination of the parties’ turn-out and installation service businesses in Finland into a joint venture structure

Deal Value

Value not public

Role

Counsel to Vossloh Nordic Switch Systems AB

Parties

Alder Fund I AB (Buyer); Gasmet Technologies Oy (Seller); the business of Gasmet Technologies Oy (Target)

Transaction

Alder’s acquisition of the business of Gasmet Technologies Oy from Gasmet Technologies Oy

Deal Value

Value not public

Role

Counsel to Alder Fund I AB

Parties

Metso Oyj (Seller) and Valmet Oyj (Buyer)

Transaction

Valmet Oyj’s acquisition of the process automation systems business from Metso Oyj

Deal Value

EUR 340 million

Role

Counsel to Valmet Oyj