Päivi Tammilehto

Parties

AMF Tjänstepension AB, Mercada Oy

Transaction

Hannes Snellman advised AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy, a joint venture formed by AMF, Ilmarinen Mutual Mutual Pension insurance Company and Kesko in 2015. Mercada owns 35 properties with 290,000 square meters of leasable area, consisting mainly of grocery stores with Kesko as a tenant, as well as two large shopping centers.

Deal Value

Not public

Role

Counsel to AMF Tjänstepension AB in the disposal of its 33.3% stake in Mercada Oy

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

Parties:

Prime Minister’s Office, Finnair Plc

Transaction:

Hannes Snellman acted as counsel to the Prime Minister’s Office in the rights offering of Finnair Plc, the Finnish airline with the State of Finland being the majority owner. Hannes Snellman advised, among other, on the share subscription made by the State of Finland by way of offsetting, in part, a capital loan provided by the State of Finland to Finnair, and related state-aid law matters. The rights offering of EUR 570 million is one of the largest rights offerings in Finland in recent years.

Deal value:

Approximately EUR 570 million

Role:

Counsel to Prime Minister’s Office

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:

Infranode, MPY Telecom Oyj

Transaction:

Infranode’s acquisition of MPY Telecom Oyj

Role:

Counsel to Infranode

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.

Parties:

Exilion Wind, BayWa r.e. Nordic

Transaction:

Exilion Wind's and BayWa r.e. Nordic's wind power joint venture. Through the joint venture, the co-investors will invest and develop the Karhakkamaa wind farm project, which is envisaged to consist of 48 wind turbines with an installed capacity of approximately 350MW.

Deal Value: 

Value not public

Role:

Counsel to Exilion Wind

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

Parties:

Veolia Services Suomi Oy, Metsä Fibre

Transaction:

Veolia Services Suomi Oy’s project to build a crude methanol processing plant in connection with Metsä Fibre's Äänekoski bioproduct mill plant in Äänekoski

Deal Value:

Value not public

Role:

Counsel to Veolia Services Suomi Oy

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