Hannes Snellman > Helsinki, Finland > Firm Profile

Hannes Snellman
ETELÄESPLANADI 20
PO BOX 333
00130/00131 HELSINKI
Finland

Finland > Banking and finance Tier 1

The ‘strong and knowledgeable‘ team at Hannes Snellman works alongside its Swedish colleagues to provide geographic coverage in the Nordic markets and cross-border advice to both lenders and borrowers. It covers financing and restructuring matters, secured and unsecured bank lending work, bond issuances and hybrid and derivative instruments. It is also highly experienced in real estate financing and project financing work, especially in the renewable energy sector. Practice head Markus Bremer focuses on financing transactions, security structurings and private equity fund structures. Henrik Mattson deals with both domestic and cross-border bank lending, acquisition financing and project financing matters, while Antti Nyberg is experienced in derivative instruments and project financings.

Practice head(s):

Markus Bremer

Other key lawyers:

Henrik Mattson; Antti Nyberg; Mikko Heinonen; Matias Moberg

Testimonials

‘Legal team is good mix of experience and energy. The experienced persons have been involved in several unique and innovative financial transactions.’

‘Strong and knowledgeable team. Structured process throughout the project with swift turn-around times and clear communication.’

‘Extremely methodical, transaction deliverables were delivered timely and in pristine order. Were able to provide useful advice in areas outside the initial foreseen scope quickly.’

‘Matias Moberg was very much on top of matters and was able to adapt and propose new solutions as the transaction progressed. Also very present in contract negotiations.’

‘We have been impressed by the team’s quality control. We have always received top-notch work from them very consistently.’

‘Very good resourcing of teams compared to peers, with appropriate seniority to perform tasks. Top-notch partner availability and attention.’

Key clients

Nordea Bank Abp

Danske Bank A/S, Finland Branch

OP Corporate Bank plc

Nykredit Realkredit A/S

Verdane Advisors

Intera Partners Oy

Vaaka Partners Ltd

Rapala VMC Corporation

Valmet Corporation

Ahlström Capital Oy

Work highlights

  • Advised Exilion Tuuli on the acquisition and related financing of the wind power production and development business of St1.
  • Advised Valmet on the merger of Valmet and Neles.
  • Advised the State of Finland on a hybrid loan arrangement with Finnair plc.

Finland > Commercial, corporate and M&A Tier 1

Hannes Snellman deals with both domestic and cross-border M&A transactions, complex public takeovers, joint ventures, and fund and portfolio management issues. Its clients are active in the environment, real estate, and IT sectors, among others. The team is also highly regarded for work relating to structuring and debt and equity capital markets issues. Head of the M&A group  Olsson is dual-qualified in Finland and New York and focuses on venture capital and M&A matters. Mikko Heinonen is an expert in corporate transactions and securities regulation, while M&A specialist Johan Aalto also advises on corporate finance and capital markets mandates, and senior associate Annika Schaumann is noted for her work in private equity transactions. Managing partner Riikka Rannikko also contributes to the practice. M&A specialist Erik Stenman joined from Borenius in late 2020.

Practice head(s):

Sten Olsson

Other key lawyers:

Johan Aalto; Mikko Heinonen; Annika Schaumann; Erik Stenman; Riikka Rannikko

Testimonials

A trusted service-minded attitude putting the client first in all circumstances.’

Riikka Rannikko is a highly appreciated practitioner who is very reliable and solution-oriented.’

The team has diverse competencies which complement each other. The quality is always high irrespective of people working with a specific matter. So it is very easy to trust that the result is always correct.’

Riikka Rannikko stands out clearly. She has exceptionally wide knowledge of different practise areas and can give advice on a general level without gathering eg 5 partners to the same meeting. Her availability and engagement is on very high level and she can be approached usually within a couple of hours. Her approach is pragmatic so any next steps to be identified is very easy.

Senior partner involvement with strong support from the team, availability and commitment to provide best possible service. Creativity in solving complex issues.’

I find their M&A team as “best in class” in Finland. Very knowledgeable and professional.

Sten Olsson is a pleasure to work with. He is always available and skilful at finding the necessary resources for us.’

Key clients

Smartly.io

Umbra software Oy

Supermetrics Oy

Metso Outotec Oyj

Telia Company AB, Telia Finland Oyj

Konecranes Plc

Altia Plc

Tikkurila Oyj

Blueprint Genetics Oy

Sanoma Corporation

Fazer Group / Oy Karl Fazer Ab

YIT Corporation

OP Financial Group

EQT

Sentica Partners Oy

Vaaka Partners Oy

Ahlstrom-Munksjö Oyj

UPM Group / UPM-Kymmene Corporation

Nokian Tyres plc

Sampo plc

KONE Corporation

Work highlights

  • Advised Valmet on its merger with Neles. The combined value of the merging companies is approximately €7bn.
  • Advised Umbra and its owners on its acquisition by Amazon.
  • Advised Konecranes on its merger with Cargotec. The combined company’s preliminary aggregate annual revenue is €7bn.

Finland > EU and competition Tier 1

Hannes Snellman is well-regarded for its work on complex competition, state aid and public procurement matters in Finland and the Nordics more broadly. It is often before the European Commission in merger control cases and has advised the State of Finland on a major hybrid loan arrangement for a maximum of €400m to support Finnair. The team also advises on compliance issues, risk assessments and audits, and has developed a strong reputation acting in complex investigations. Practice co-head Mikko Huimala specialises in merger control and state aid matters, while co-head Maria Wasastjerna focuses on complex competition cases, as well as regulatory and compliance issues.

Practice head(s):

Mikko Huimala; Maria Wasastjerna

Other key lawyers:

Anna-Maria Tamminen

Testimonials

Practical, clear and to the point advice resolving situations.’

Mikko Huimala is very experienced and knowledgeable. He finds the convincing arguments and has a solution oriented approach to all problems.’

Straightforward, solution-oriented and they have a practical approach – extremely professional.

Mikko Huimala is excellent, business minded, great communication skills and capable for quick understanding of the issue to be solved.’

I feel the Hannes Snellman competition law team, led by two outstanding individuals, is very business-oriented and committed to find suitable solutions for the customer in question. According to my experience, the team is sufficiently big to manage large-scale projects and, on the other hand, makes the customer feel welcomed to have pragmatic sparring aid in smaller questions.’

I’m glad to provide my view on Mikko Huimala: in my opinion what makes him to stand out from other competition law partners is his straightforward and pragmatic approach to complex matters. He is fast and is on the same page with the client from the beginning thinking about the goals and optimal way of achieving those. You are able to fully rely on Mikko that every task done is efficiently and the output is impeccable. This all makes him a valuable sparring partner in any competition law matters.’

Key clients

Kesko Corporation

Metso Outotec Corporation

Sanoma Corporation

Nordea Bank Abp

Finnish State / Prime Minister’s Office

Altia plc

Tikkurila plc

Ilmarinen Mutual Pension Insurance Company

Konecranes plc

UPM-Kymmene Corporation

Valmet Corporation

Work highlights

  • Advised Konecranes on its €7bn merger with Cargotec.
  • Advised Valmet on its €4.3bn merger with Neles.
  • Advised Altia on its €640m cross-border merger with Arcus.

Finland > Real estate and construction Tier 1

Hannes Snellman ‘delivers results‘ for clients operating in the real estate and construction sectors, often handling large real estate transactions and complex development and construction projects. It also has strong expertise in real estate dispute resolution, environmental and construction-related regulatory work, due diligence matters and construction contracts. It is particularly noted for its work for clients in the wind and hydropower sectors. Practice head Tapio Teräkivi is active in sale and leaseback agreements, while ‘driven young partnerMatti Lajunen specialises in real estate transactions and cross-border financing arrangements. Recently promoted partner Katja Perätalo also contributes to the practice.

Practice head(s):

Tapio Teräkivi

Other key lawyers:

Testimonials

Hannes Snellman has provided us with excellent service with result oriented approach and efficient on-time service. The team keeps their focus on the meaningful matters and delivers results in matters benefiting us the most.’

Matti Lajunen is a driven young partner with a real hands-on approach. His participation in all aspects of the engagement, availability for all matters concerning us and ready made proposals from subject to clients approval pre negotiations with the counterparts has delivered outstanding results for us. Within negotiations, Matti is sitting in the drivers seat, to deliver us the best available outcome.’

Matti Lajunen is very easy to work with and very responsive.

It felt like the team, led by Matti Lajunen, treated the case as if it was their own personal case, which produced an excellent result: Findings and problems were presented clearly alongside possible solutions, saving our time. In addition, the law team was able to concentrate on the most essential aspects of the case and consider it from a commercial perspective.’

Matti Lajunen treated our cases as if they were his own, while always maintaining a clear focus on the relevant details. We especially appreciated Matti’s communication skills not only with us, but also with the opposing party. Even though we had difficult issues to solve, Matti’s skilled negotiation avoided disputes and helped us find a solution together.’

Hannes Snellman’s staff always have time to delve into my problems. I can get help with general legal issues, even though no actual case is going on. The competence is at a very high level. Response times are reasonably short. Billing is at a reasonable level.’

Key clients

YIT Corporation

Keliber Oy

Tornator Oyj

Remeo Oy

Castellum AB

Areim Investment 3-11 AB

Exilion Real Estate I Ky

Cofinimmo

OX2

Nyfosa Finland AB

NREP Oy

SRV Group Plc

Work highlights

  • Acted as counsel to Castellum on its approximately €640m acquisition of property company Kielo from Blackstone Tactical Opportunities and Brunswick Real Estate.
  • Acted as counsel to Keliber in respect of the construction of the company’s lithium project in Central Ostrobothnia, Finland.
  • Acted for YIT on the disposal of Finland’s largest wind power development project to OX2.

Finland > Tax Tier 1

Hannes Snellman advises on a broad spectrum of tax matters, especially high-profile tax disputes and litigation proceedings; the team also covers tax-related issues concerning major M&A transactions. Tax team leader Heikki Vesikansa is ‘very thorough in his advice‘, particularly concerning corporate tax planning work and litigation, while indirect tax team head Piia Ahonen is ‘very experienced and theoretically strong in VAT matters’, often acting for key players in the automotive, real estate and energy sectors. Counsel Joakim Frände  is a personal tax expert and senior associate and indirect tax specialist Marika Sorsa joined from PricewaterhouseCoopers in April 2021.

Practice head(s):

Heikki Vesikansa; Piia Ahonen

Other key lawyers:

Joakim Frände; Marika Sorsa

Testimonials

Piia Ahonen is very experienced and theoretically strong in VAT matters.’

Heikki Vesikansa is very good and pleasant to work with.’

I like how broad the spectrum of areas covered by this team is. It ranges from customs to the finer points of taxation of individuals. The team is very quick to respond and very clear in its communication.’

Heikki Vesikansa is charismatic and very thorough in his advice while keeping the “big picture” in sight.’

Key clients

Ahlstrom-Munksjö plc

YIT plc

Caverion plc

Fiskars plc

J.P. Morgan Asset Management

Quadoro

Areim AB

Smartly.io

DWS

City of Espoo

EVRY AS

Ilmarinen Mutual Pension Insurance Company

Kesko Oyj

Metso Outotec plc

Ahlstrom-Munksjö plc

Virala Acquisition Company Oyj

Work highlights

  • Advised 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.
  • Acted for a major multinational group of companies in a Supreme Administrative Court yearbook case confirming the acceptability of the application of a foreign accounting standard as a basis for transfer pricing, and the level of the arm’s length operating margin.
  • Advised Valmet plc on its merger with Neles plc.

Finland > Capital markets Tier 2

Hannes Snellman often acts in international transactions for companies in the Finnish industrial sector, as well as advising insurers and financial advisers on IPOs, public tenders and securities offerings. It also works on private placements, debt instruments, regulatory matters, and share buy-backs for Swedish and London-based financial sponsors and private equity houses seeking to invest in Finland. Practice leader Klaus Ilmonen and Sonja Siggberg are highly experienced in public takeovers, tender offers, cross-border transactions and corporate transactions regarding public corporations. Capital markets specialist Antti Kuha was promoted to partner in January 2021.

Practice head(s):

Klaus Ilmonen

Other key lawyers:

Key clients

Ahlstrom-Munksjö Oyj

Ahlström Capital Oy

Altia Oyj

Enento Group Oyj

Faron Pharmaceuticals Ltd

Fiskars Corporation

Konecranes Plc

Metso Outotec Oyj

Sanoma Corporation

Terveystalo Plc

Tikkurila Oyj

Vaaka Partners

Valmet Corporation

Verkkokauppa.com Oyj

Virala Acquisition Company Plc

State of Finland (Prime Minister’s Office)

Work highlights

  • Advised Virala Acquisition Company Plc on its €107.5m IPO and listing on the SPAC segment of the regulated market of Nasdaq Helsinki, being the first SPAC in Finland.
  • Advised Valmet Oyj on its merger with Neles Oyj. The combined value of the merging companies is approximately €7bn.
  • Advised Tikkurila Oyj on the recommended public cash tender offer for all of the shares in Tikkurila by PPG Industries, Inc.

Finland > Dispute resolution Tier 2

Hannes Snellman is particularly strong in representing clients in international commercial arbitrations, post-M&A-related disputes, and public procurement litigation. It is also highly experienced in construction and energy disputes, as well as insolvency and financial claims, often led by practice head Anders Bygglin. Anna-Maria Tamminen’s expertise lies primarily in international arbitration proceedings and competition litigation, while Markus Manninen is regarded for his work in arbitration and administrative proceedings.

Practice head(s):

Anders Bygglin

Testimonials

‘Our contact persons worked extremely well! Anders Bygglin’s knowledge of the demanded things in our case is high-class and the way they work is impressive. They are good in thinking about the case from many points of views so that they can answer the questions of the judge and the accusations of the opposite side. Their good experience and both the knowledge of the law and court practices are convincing. Our company is extremely satisfied with the way Bygglin worked with us.’

‘Anders Bygglin represented us in court. He was extremely good at “reading” both the judge and the counterpart at court sessions. He had carefully planned beforehand how to proceed at court but he has the skills to work according to the situation and the persons. I think that had a big effect at the court since he could understand immediately what the judge considered important and he could immediately work accordingly. Very impressive work at the court!’

‘The dispute resolution team has proven to have very high quality in its legal assessment, also drafting of documents is at a particularly strong professional level. No mistakes, timely, and high quality deliveries.’

‘The dispute resolution team of Hannes Snellman Attorneys has provided extremely valuable support to us in multiple cases. Not only from the legal resolution aspect but also from broader perspective; very good discussions, brainstorming, consultative process development support, etc. Working with them makes you feel they would be your in-house department, not external service supplier.’

‘Anders Bygglin is a very high-calibre professional with vast experience. Easy to communicate and always reachable. Anders can fit himself very quickly to the case / situation on hand and thinks about everything from a very broad perspective but still with great attention even to the smallest detail. Working with him is always super-professional but with a very open, transparent and casual manner, just as I want it to be. Summary: If I would have any legal topic I need consultation for, Anders is my #1 “whom shall I ask”. Full trust and very high appreciation, definitely worth of every euro.’

Key clients

Kesko Oyj

Republic of Poland

Tampereen Vesi

Spa Holdings 3 Oy

Work highlights

  • Represented the Republic of Poland in a set-aside case resulting from an intra-EU BIT award before the ECJ and Swedish Supreme Court, with a value in dispute of over €176m.
  • Represented a global technology company in a €12m construction arbitration against a consortium.
  • Represented Kesko Oyj before the market court in proceedings resulting from the Finnish Competition Authority’s decision to prohibit the sale of Heinon Tukku Oy to Kesko Oyj.

Finland > Intellectual property Tier 2

Based in Helsinki and Stockholm, the cross-border practice at Hannes Snellman has both ‘wide and deep experience‘ in trade mark, patent and copyright disputes, particularly in the media, entertainment and sports, healthcare and pharmaceuticals sectors. Its expertise also extends to high-value IP-related transactions and brand protection work. Practice co-heads Panu Siitonen and Jesper Nevalainen cover both IP-related transactions and IP disputes, while ‘very talented‘ managing associate Sarita Schröder specialises in IP, consumer law and marketing issues, with a focus on litigation and brand protection matters.

Practice head(s):

Panu Siitonen; Jesper Nevalainen

Other key lawyers:

Testimonials

Wide and deep experience with a proven concept – what more can you say?

I have had the pleasure of working with Sarita Schröder, who is very talented and has a keen awareness for the business realities underpinning the legal considerations. It results in relevant, on-time and actionable advice, whether the issue is a regulatory or a contentious one. When push comes to shove, you will want Sarita in your corner.’

Key clients

Wolt

Verkkokauppa.com

Altia

Marimekko

Framery

Paulig

Sanoma

Fazer

Telia Finland

Microsoft

Scandic Hotels Group

Oriola

UPM-Kymmene

Abbott (Finland)

NHL Enterprises

Bureau National Interprofessionnel du Cognac (BNIC)

Sanasto

Work highlights

  • Acted as counsel to Altia, a leading alcoholic beverage brand company operating in the wine and spirits markets in the Nordic and Baltic countries, on its merger with Arcus, Norway’s largest wholesaler of wine and liquor, to form Anora Group, including IP matters in relation to the transaction as well as the sales of certain brands.
  • Acted as counsel to Wolt – a fast-growing technology company operating a food and retail delivery platform across 23 countries and more than 129 cities – on various consumer law matters.
  • Acted as counsel to Altia, a leading alcoholic beverage brand company operating in the wine and spirits markets in the Nordic and Baltic countries, on various regulatory matters relating to product labelling requirements.

Finland > TMT Tier 2

The ‘flexible‘ and ‘customer-centric’ TMT team at Hannes Snellman regularly advises on high-profile technology transactions, especially related to heavily regulated and technology dependent sectors. It also is a key resource for IT disputes and advice on distressed IT projects, and collaborates with international law firms on Finnish tech-intensive M&A work. Practice co-heads Jesper Nevalainen and Panu Siitonen focus on complex technology transactions and IT-related litigation, respectively, and Lasse Riski joined in 2022 from Bird & Bird.

Practice head(s):

Jesper Nevalainen; Panu Siitonen

Other key lawyers:

Testimonials

Hannes Snellman is very customer-centric law firm.’

Jesper Nevalainen has strong experience in TMT agreements. He gives good guidance to his customers.’

We appreciate especially flexible approach tailored for customer’s needs as well as very talented individuals within the team.’

Team lead Jesper Nevalainen, besides having excellent talent within his area of expertise, has the eye for pragmatic and customer-oriented approach. It is enjoyable to work with him.’

Strong background in IT-related matters.’

Jesper Nevalainen is an experienced lawyer with a practical and forward-looking mindset.’

Key clients

Microsoft Corporation (incl. Microsoft Oy and other group companies)

Accenture Oy

Ramirent Plc

UPM-Kymmene Oyj

Tosibox Oy

Smartly.io Solutions Oy

Oy Karl Fazer Ab

Finavia Oyj

Telia Finland Oyj

Efecte Oyj

Instru Optiikka Oy

Suomen UNICEF ry

SAP Finland Oy and SAP SE

Oy IBM Finland Ab

Work highlights

  • Advised YIT on all IT contracts in connection with the carve-out of its paving and minerals business (that was subsequently sold to Peab AB).
  • Advised Saga Furs with the procurement of its new ERP system. The system was procured from CGI as a cloud-based ERP solution.
  • Advised Abbott Oy and its affiliate Abbott Diabetes Care Inc. on complex data protection matters concerning a cloud solution (LibreView) for healthcare professionals (public and private) and patients used for monitoring and measuring glucose levels of diabetics.

Finland > Employment Tier 3

Hannes Snellman provides employment-related advice to Finnish and Swedish clients, especially concerning pensions and benefits matters, health and safety issues, outsourcing arrangements, and corporate governance guidance. The team is also experienced in employee-related disputes, negotiations and litigation concerning dismissals, redundancies and occupational safety. Based in Helsinki, Johanna Haltia-Tapio heads up the practice and covers restructurings, outsourcings and executive contracts, while Anders Bygglin represents corporations in claims of alleged workplace harassment.

Practice head(s):

Johanna Haltia-Tapio; Anders Bygglin

Testimonials

‘Labour law experience, practical advice, gets job done.’

‘They have fresh ideas how to help clients, they invite to discussion forums and ask how your business is doing also outside of actual assignment work. A big plus!’

Key clients

Altia plc

Blueprint Genetics Oy/Quest Diagnostics Incorporated

Castellum AB

Evidensia Eläinlääkäripalvelut Oy

Konecranes plc

Oy Karl Fazer Ab

Telia Company

Tikkurila Oyj

Umbra software Oy

Uponor Corporation

Work highlights

  • Advised Konecranes plc on its merger with Cargotec Corporation, including both transactional employment law advice and assistance in issues related to retention and rewarding.
  • Advised Altia plc on the merger of Altia plc and Arcus ASA to form Anora Group.
  • Advised a client within the medical services sector on investigations initiated by the Co-operation Ombudsman, in a dispute with employees relating to compensation and benefits, as well as in the investigation of a workplace harassment case.

The firm: Hannes Snellman is a Nordic law firm with 300 outstanding lawyers and other professionals based in Finland and Sweden. We advise leading international and local corporations across all business sectors. Our firm has the expertise and capacity to handle any demanding local or cross-border matters in which assets are being developed, protected, financed, acquired or under dispute.

DepartmentNameEmailTelephone
Administrative Proceedings Outi Jousiouti.jousi@hannessnellman.com+358 405637343
Capital Markets Klaus Ilmonenklaus.ilmonen@hannessnellman.com+358 40 831 1868
Competition & Procurement Mikko Huimalamikko.huimala@hannessnellman.com+358 44 530 07 53
Corporate Advisory Mikko Heinonenmikko.heinonen@hannessnellman.com+358 40 527 8818
Corporate Responsibility & Compliance Maria Wasastjernamaria.wasastjerna@hannessnellman.com+358 40 595 1441
Dispute Resolution Anders Bygglinanders.bygglin@hannessnellman.com+358 50 544 6451
Employment Johanna Haltia-Tapiojohanna.haltia-tapio@hannessnellman.com+358 40 552 3478
Environment & Natural Resources Klaus Metsä-Simolaklaus.metsa-simola@hannessnellman.com+358 45 262 8916
Finance Markus Bremermarkus.bremer@hannessnellman.com+358 40 716 9676
Infrastructure & Energy Rabbe Sittnikowrabbe.sittnikow@hannessnellman.com+358 40 544 5280
IP & Technology Jesper Nevalainenjesper.nevalainen@hannessnellman.com+358 40 5827 826
Joint Ventures & Commercial Cooperation Tuire Kuronentuire.kuronen@hannessnellman.com+358 40 743 2313
Private Equity Sten Olssonsten.olsson@hannessnellman.com+358 50 499 0312
M&A, Private Sten Olssonsten.olsson@hannessnellman.com+358 50 499 0312
M&A, Public Sten Olssonsten.olsson@hannessnellman.com+358 50 499 0312
Projects & Construction Maria Landtmanmaria.landtman@hannessnellman.com+358 50 388 9468
Real Estate Tapio Teräkivitapio.terakivi@hannessnellman.com+358 40 769 8273
Restructuring & Insolvency Jan Liliusjan.lilius@hannessnellman.com+358 40 556 6782
Tax Heikki Vesikansaheikki.vesikansa@hannessnellman.com+358 40 844 2117
Number of lawyers : 220
English
Finnish
Swedish
Other offices : Stockholm