Mattias Friberg heads Snellman’s Public M&A, Capital Markets and Corporate Advisory team. Mattias has extensive experience in Nordic and international M&A and capital markets, as well as in complex and strategic corporate advice and regulatory and compliance matters. He regularly acts for domestic and international industrial companies, financial institutions and private equity sponsors.
Snellman counsel to Bonava AB (publ) in contemplated issuance of SEK 1.5 billion notes, new facilities agreement and related tender offer and redemption
2026
Snellman acts as legal advisor to Bonava AB (publ) in connection with Bonava’s contemplated issuance of new senior secured green floating rate notes, with an expected issue amount of SEK 1.5 billion under a total framework amount of SEK 2 billion.
Snellman also acts as legal advisor to Bonava in connection with Bonava’s agreement on the main terms for a new facilities agreement with a total credit volume of EUR 200.5 million, and the related conditional tender offer for and total redemption of Bonava’s outstanding SEK 960 million senior secured floating rate green notes.
Bonava is a leading residential developer in Europe with the purpose to create happy neighbourhoods for the many. With its 900 employees, Bonava develops residential housing in Germany, Sweden, Finland, Latvia, Estonia and Lithuania. To date, the company has built about 50,000 homes and reported net sales of approximately SEK 8 billion in 2025. Bonava’s shares and green bond are listed on Nasdaq Stockholm.
Snellman’s core advisory team comprises Fredrik Olsson, Carolina H. Wahlby, Rezan Akkurt, Ebba Sjölin and Charlotte Säker (Finance and Restructuring), and Mattias Friberg, Lisa Kindstedt and Edvin Matton (Capital Markets).
Snellman advisor to Mission Trail Partners on the consortium public takeover offer for Formpipe Software AB
2026
Snellman advised Mission Trail Partners on the recommended public cash offer for all shares in Formpipe Software AB, listed on Nasdaq Stockholm. The public offer was made by a consortium, acting through Tabellae BidCo ApS, consisting of Tabellae HoldCo ApS (controlled by Valedo Partners IV AB), Mission Trail Partners LP and Aktiebolag Grenspecialisten. Mission Trail Partners is the largest shareholder of Formpipe Software AB, holding approximately 18.6 percent of all outstanding shares and votes, and Grenspecialisten is the third largest shareholder of Formpipe Software AB, holding approximately 10.7 percent of all outstanding shares and votes. The offer values all outstanding shares in Formpipe Software AB at approximately SEK 879 million. The board of directors of Formpipe Software AB has unanimously recommended the shareholders to accept the offer and shareholders holding in aggregate 25 percent of the outstanding shares and votes have irrevocably undertaken to accept the offer.
Snellman’s core advisory team includes Mattias Friberg and Anton Eriksson. (Public M&A)
Snellman counsel to NP3 Fastigheter AB on its SEK 383 million issue of new preference shares
2026
Snellman acted as counsel to NP3 Fastigheter AB, a real estate company listed on Nasdaq Stockholm (Large Cap), on its directed share issue and private placement of 12,750,000 new preference shares, to Swedish and international institutional and professional investors as well as in a limited retail offering. The transaction, carried out through an accelerated book-building process, raised proceeds of approximately SEK 383 million before transaction costs. ABG Sundal Collier AB and Avanza Bank AB, in cooperation with Kepler Cheuvreux, acted as joint global coordinators and joint bookrunners in connection with the transaction.
Snellman’s core advisory team included Mattias Friberg, Anton Eriksson and Love Holmgren. (Capital Markets)
Snellman counsel on the cross-border merger between Euroclear Bank SA/NV and MFEX Mutual Funds Exchange AB
2026
Snellman acted as counsel to Euroclear in connection with the statutory cross-border merger between Euroclear Bank SA/NV as the absorbing company, and MFEX Mutual Funds Exchange AB as the absorbed company.
The integration of MFEX cements Euroclear’s position as a leading global partner for comprehensive fund solutions and its commitment to meet the funding needs of the real economy. Following the integration, Euroclear connects 250,000 funds representing nearly EUR 4 trillion in assets, serving a global client base of more than 3,000 fund distributors and 2,500 asset managers.
Snellman’s core advisory team included Mattias Friberg, Anton Eriksson, Edvin Matton and Love Holmgren.
Snellman counsel to Incore Invest’s EUR 130 million bond issue, and it’s acquisition of CoreOrchestration
2026
Snellman acted as legal counsel to Incore Invest’s EUR 130 million bond issue made for the purpose of acquiring CoreOrchestration from Worldline, a transaction that closed last week. The bonds will be listed on Nasdaq Transfer Market, with a subsequent listing on Nasdaq Stockholm’s Corporate Bond List.
At the heart of CoreOrchestration is PaymentIQ, a SaaS payment orchestration platform built to help merchants centrally manage, optimise and scale payment flows across providers and markets.
Snellman’s advisory team for the bond comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg, Anton Eriksson and Edvin Matton (Capital Markets). As previously communicated, Snellman’s core advisory team for the M&A transaction comprised Miklos Kovacs Scherlin, Alexander Lindqvist, Nadine Lågland, Sophia Engdahl, and Adam Jatta Kölin (Private M&A).
Snellman advisor to Vitec Software on its SEK 700 million MTN issuance
2026
Snellman acted as legal advisor to Vitec Software Group AB (publ), a provider of vertical software and an industrial acquirer of software companies, listed on Nasdaq Stockholm (Large Cap), on its placing and issuance of SEK 700 million notes under its Medium Term Note (MTN) programme with a framework amount of SEK 5 billion. The notes were admitted to trading on Nasdaq Stockholm’s Corporate Bond List.
Snellman’s advisory team comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg, Marc Tevell de Falck and Agnes Svensson Backlund (Capital Markets).
Snellman counsel to NP3 Fastigheter in its SEK 400 million senior unsecured green notes issue
2025
Snellman acted as counsel to NP3 Fastigheter AB (publ), a cash flow oriented real estate company focusing on commercial and high yielding investment properties and listed on Nasdaq Stockholm (Large Cap), in connection with the issuance of SEK 400 million senior unsecured green notes under the company’s existing MTN programme. Snellman also acted as counsel in connection with the tender offer for and total redemption of certain of NP3 Fastigheter’s outstanding senior unsecured green notes.
Snellman’s core advisory team comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring), and Mattias Friberg and Lisa Kindstedt (Capital Markets).
Snellman counsel to SoftBank in its acquisition of ABB Robotics division
2025
Snellman acted as Swedish counsel to SoftBank Group Corp in its acquisition of ABB Robotics division from ABB Ltd, for an enterprise value of USD 5.375 billion. SoftBank’s acquisition of ABB’s Robotics division is expected to strengthen its AI robotics platform by combining sales network and technical know-how with SoftBank’s existing robotics and AI investments. The acquisition is intended to accelerate innovation and growth in artificial intelligence–driven robotics, advancing SoftBank’s broader mission of realizing artificial super intelligence (ASI). Subject to customary regulatory approvals and closing conditions, SoftBank expects to complete the transaction by mid-to-late 2026.
For further information, please refer to SoftBank’s press release: https://group.softbank/en/news/press/20251008
Snellman’s core advisory team comprised Richard Åkerman, Isabelle Vinterskog, Ulrika Wigart, and Sophia Engdahl (Private M&A), Mattias Friberg and Khaled Talayhan (Public M&A and Capital Markets), Josephine Gjerstad Medina and Lisa Pålsson (Employment), Elisabeth Vestin, Sina Mindus Amini and Louise Nordback (IP & Tech), Philip Thorell and Ajda Hasanovic (Competition and Regulatory).
Snellman advisor to Soltech Energy on its SEK 329 million rights issue
2025
Snellman is legal advisor to energy company Soltech Energy Sweden AB (publ), listed on Nasdaq First North Growth Market, on its SEK 329 million fully guaranteed issue of new shares with preferential rights for the shareholders. The rights issue is subject to approval by an Extraordinary General Meeting in Soltech Energy. Soltech Energy’s largest shareholder Nordic Capital has committed to subscribe for its pro rata share of the rights issue corresponding to approximately SEK 99 million and to guarantee an additional SEK 50 million of the rights issue. The remaining portion of the rights issue is guaranteed by other guarantors. Nordic Capital has been granted an exemption by the Swedish Securities Council in respect of the obligation to make a mandatory offer for all shares Soltech Energy in connection with the transaction. The rights issue is carried out as a subsequent integral part of Soltech Energy’s acquisition of Sesol Group from Nordic Capital. Swedbank AB is Sole Global Coordinator and Bookrunner in relation to the rights issue.
Snellman’s advisory team for the rights issue included Mattias Friberg, Anton Eriksson, Edvin Matton and Agnes Svensson Backlund (Capital Markets).
Snellman advised Arctic Paper S.A. on its underwriting of Rottneros AB’s SEK 300 million rights issue
2025
Snellman advised Arctic Paper S.A., a leading European producer of high-quality graphic paper listed on the Warsaw Stock Exchange and on Nasdaq Stockholm and the largest shareholder in the market pulp producer Rottneros AB (publ), listed on Nasdaq Stockholm, in connection with a rights issue of shares in Rottneros. The total value of the rights issue amounted to approximately SEK 300 million and the rights issue was oversubscribed. The rights issue was fully secured by Arctic Paper through a subscription commitment for its 51 percent pro rata portion and an underwriting commitment for the remaining portion of the rights issue. In connection with the rights issue and as a condition to Arctic Paper’s subscription and underwriting commitments, Rottneros entered into an amendment and restatement agreement to its existing loan agreement with its lenders which is better aligned with Rottneros’ financial situation.
Snellman’s advisory team included Mattias Friberg and Khaled Talayhan (Capital Markets), and Carolina H. Wahlby and Rezan Akkurt (Finance & Restructuring).
Snellman advisor on the cross-border merger between If P&C Insurance and Topdanmark Forsikring
2025
Snellman acted as legal advisor to Swedish insurance company If P&C Insurance Ltd (publ) (Sw: If Skadeförsäkring AB (publ)) in connection with the statutory cross-border merger between If P&C Insurance Ltd (publ) as the absorbing company, and Danish insurance company Topdanmark Forsikring A/S as the absorbed company, which was completed on 1 July 2025. If P&C Insurance is the largest insurance company in the Nordics with Sampo plc, listed on Nasdaq Helsinki, Nasdaq Stockholm and Nasdaq Copenhagen, as ultimate parent company. Following the cross-border merger, If P&C Insurance becomes Denmark’s second-largest insurance provider.
Snellman’s core advisory team included Mattias Friberg, Anton Eriksson and Edvin Matton (Corporate), and Jenny Lundberg, Josephine Gjerstad Medina and Lisa Pålsson (Employment).
Snellman advisor to Episurf Medical AB on its rights issue of units
2025
Snellman is legal advisor to MedTech company Episurf Medical AB, listed on Nasdaq Stockholm, on its rights issue of units, each unit consisting of 6 class B shares and 3 warrants entitling to subscription of additional class B shares. The rights issue is fully secured by subscription and guarantee commitments. DNB Carnegie SME is financial advisor in connection with the rights issue.
Snellman’s advisory team includes Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck and Love Holmgren.
Snellman advisor to Soltech Energy on its share exchange acquisition of Sesol Group
2025
Snellman is legal advisor to Soltech Energy Sweden AB (publ), listed on Nasdaq First North Growth Market, on its acquisition of solar energy company Sesol Group AB from Nordic Capital. The acquisition is implemented by Soltech Energy acquiring all shares in Sesol Group for a purchase price of approximately SEK 117 million being offset against new shares in Soltech Energy, issued at a subscription price of SEK 2.065 per share, resulting in Nordic Capital owning 56,691,168 shares in Soltech Energy and thus becoming Soltech Energy’s largest shareholder with 30 percent of the outstanding shares and votes in Soltech Energy after the transaction. Nordic Capital has been granted an exemption by the Swedish Securities Council in respect of the obligation to make a mandatory offer for all shares Soltech Energy that would otherwise apply because of the transactions. The acquisition is subject to approval by an Extraordinary General Meeting in Soltech Energy and further subject to regulatory approvals being obtained from the Swedish Competition Authority and from the Swedish Inspectorate of Strategic Products.
Following the completion of the acquisition, which is expected to take place during the third quarter of 2025, Soltech Energy intends to carry out an issue of new shares with preferential rights for the shareholders of approximately SEK 335 million. Nordic Capital has undertaken to subscribe for its pro rata share of the rights issue corresponding to approximately SEK 100 million and to guarantee an additional SEK 50 million of the rights issue.
Snellman’s advisory team included Mattias Friberg, Anton Eriksson, Edvin Matton and Agnes Svensson Backlund (Public M&A and Capital Markets), Claes Kjellberg and Alexander Lindqvist (Private M&A), Philip Thorell, Ajda Hasanovic and Veronica Thurin (Competition & FDI), Josephine Gjerstad Medina and Lisa Pålsson (Employment), Angelica Berntsson (Real Assets), Lina Lundevall-Brunö (Finance & Restructuring), and Louise Nordback (IP & Technology).
Snellman counsel to Logent Group in its SEK 200 million subsequent notes issue
2025
Snellman has acted as legal counsel to Logent Group, a market leader in contract logistics in the Nordics, in connection with its SEK 200 million subsequent notes issue. The issue was carried out to finance the acquisition of HUB Logistics Finland Oy, marking a significant step in Logent’s Nordic expansion strategy.
Following the subsequent notes issue, the aggregate outstanding nominal amount under Logent’s SEK 1,300 million notes framework will total SEK 1,050 million. Nordea Bank Abp and Pareto Securities AS acted as joint bookrunners.
Snellman’s core advisory team included Carolina H. Wahlby, Oscar Bengtsson and Charlotte Säker (Finance and Restructuring), as well as Mattias Friberg, Khaled Talayhan and Anton Eriksson (Capital Markets).
Snellman counsel to MEKO AB (publ) in its SEK 1,25 billion bond issue
2025
Snellman acted as legal advisor to MEKO AB (publ) in its issue of senior unsecured bonds in an amount of SEK 1,25 billion, with the possibility of subsequent issuance of additional bonds up to a total of SEK 2 billion. MEKO AB (publ) intends to apply for listing of the bonds on Nasdaq Stockholm’s corporate bond list. The proceeds from the bond issue proceeds will be used to tender and redeem existing bond loans and for general corporate purposes. Danske Bank, Nordea and SEB acted as joint bookrunners in the transaction.
MEKO, with its wholesale and workshop brands, is the leading automotive spare-parts chains in northern Europe, with over 600 branches and 20,000 workshop customers, including 4,500 workshops operating under MEKO’s brands.
Snellman’s core advisory team included Carolina H. Wahlby, Oscar Bengtsson and Charlotte Säker (Finance and Restructuring), as well as Mattias Friberg, Anton Eriksson and Agnes Svensson Backlund (Capital Markets).
Snellman counsel to Bonava AB (publ) in its SEK 960 million senior secured green notes issue
2025
Snellman acted as counsel to Bonava AB (publ), a leading residential developer in Europe and listed on Nasdaq Stockholm (Mid Cap), in connection with the issuance of SEK 960 million senior secured green notes with the possibility of subsequent issuance of additional bonds up to a total of SEK 2 billion. The proceeds from the note issue have been and will be used in accordance with Bonava’s new green finance framework and to refinance Bonava’s outstanding senior secured green notes. Snellman also acted as counsel in connection with the tender offer for and total redemption of Bonava’s outstanding senior secured green notes in an amount of SEK 960 million.
Snellman’s core advisory team comprised Fredrik Olsson, Carolina H. Wahlby, Rezan Akkurt and Oscar Bengtsson (Finance and Restructuring) and Mattias Friberg, Khaled Talayhan, Lisa Kindstedt, Edvin Matton and Agnes Svensson Backlund (Capital Markets).
Snellman advised Vitec Software Group AB on the establishment of a new financing structure including an MTN programme and a notes issue of SEK 1 billion thereunder
2025
Snellman acted as legal advisor to Vitec Software Group AB (publ), a provider of vertical software and an industrial acquirer of software companies, listed on Nasdaq Stockholm (Large Cap), on the establishment of a new financing structure with Nordea Bank Abp and Skandinaviska Enskilda Banken AB in order to increase financial flexibility and support future acquisitions. The new financing structure includes a multicurrency revolving credit facility of SEK 3 billion and a Medium Term Note (MTN) programme with a framework amount of SEK 5 billion. Snellman also acted as legal advisor in connection with the issue of floating rate senior unsecured notes of SEK 1 billion under the MTN programme, which received very strong investor demand. The notes were admitted to trading on the corporate bond list of Nasdaq Stockholm.
Snellman’s advisory team comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg, Marc Tevell de Falck and Love Holmgren (Capital Markets).
Snellman advised NYAB AB on its acquisition of businesses from Dovre Group Plc
2024
Snellman acted as counsel to NYAB AB, a leading specialised contractor in sustainable infrastructure and renewable energy projects listed on Nasdaq First North Premier Growth Market in Sweden, in connection with its acquisition of Dovre Group Plc’s consulting business in Norway and project personnel businesses across Norway, Asia-Pacific, North America, and the Middle East, together with certain customer contracts and related personnel. The acquisition further strengthens NYAB’s position as a leading provider of engineering, construction, and maintenance services in line with its growth strategy. The acquisition is subject to approval by an Extraordinary General Meeting of Dovre Group Plc.
Snellman’s core advisory team included Mikael Klang, Isabelle Vinterskog, Aykut Aslan Yucel and Adrian Bäck (Private M&A), and Mattias Friberg, Khaled Talayhan and Marc Tevell de Falck (Corporate & Capital Markets).
Snellman counsel to NP3 Fastigheter, Nordea and SEB in the issuance of green SEK bonds
2024
Snellman acted as counsel to NP3 Fastigheter AB (publ), a cash flow oriented real estate company focusing on commercial and high yielding investment properties and listed on Nasdaq Stockholm (Large Cap), in the transactions concerning the company’s issuance of SEK 300 million green SEK bonds under the company’s existing MTN-program, for which Nordea Bank Abp and Skandinaviska Enskilda Banken AB acted as joint bookrunners. In relation thereto, NP3 Fastigheter was tendering certain outstanding bonds, and also made a voluntary redemption in respect of some of its outstanding bonds.
Snellman’s core advisory team comprised Carolina H. Wahlby and Lina Lundevall-Brunö (Finance and Restructuring) as well as Mattias Friberg and Anton Eriksson (Capital Markets).
Snellman advised NP3 Fastigheter AB on its SEK 1.0 billion private placement and its acquisition of assets from a closely related party
2024
Snellman was legal advisor to real estate company NP3 Fastigheter AB, listed on Nasdaq Stockholm (Large Cap), on its directed issue and private placement of 4,000,000 new ordinary shares to Swedish and international institutional and professional investors. The private placement was carried out through an accelerated book-building process, raising proceeds of SEK 1.0 billion before transaction costs. Carnegie Investment Bank AB, Danske Bank A/S, Danmark, Sverige Filial, and Swedbank AB acted as joint global coordinators and joint bookrunners in the private placement.
Snellman also advised NP3 Fastigheter AB on the corporate and capital markets aspects of its acquisition of real estate assets from the closely related party Poularde AB, that was carried out in connection with the private placement. The acquired assets involve 100 percent of the shares in Frösö Park Fastighets AB and 29.6 percent of the shares in Cibola Holding AB, with a property value of SEK 755 million and SEK 620 million respectively. The consideration consists of a mix of cash and 4,000,000 newly issued preference shares in NP3 Fastigheter AB. As the acquisition constitutes a material transaction with, and an issuance of shares to a closely related party, the acquisition and the issuance of the new preference shares are subject to approval by the general meeting in NP3 Fastigheter AB pursuant to the provisions on material transaction between closely related parties and the so-called Lex Leo provisions in the Swedish Companies Act.
Snellman’s core advisory team included Mattias Friberg, Khaled Talayhan and Anton Eriksson.
Snellman legal advisor to Roc Oil on its recommended public tender offer for Tethys Oil AB
2024
Snellman advised Roc Oil Company Pty Limited, one of Australia’s leading independent upstream oil and gas companies, in connection with its recommended public cash tender offer for all shares in Tethys Oil AB, listed on Nasdaq Stockholm. The offer values Tethys Oil AB at approximately SEK 1.894 billion, corresponding to a share price premium of 89 percent compared to the closing price of Tethys’ shares the last day of trading before the announcement of the offer.
Snellman’s core advisory team comprised Mattias Friberg, Khaled Talayhan, Emma Greiff, Lisa Kindstedt and Edvin Matton (Public M&A), Peter Forsberg, Philip Thorell and Ajda Hasanovic (Competition and FDI), Jenny Lundberg and Lisa Pålsson (Employment), Rezan Akkurt and Johan Erlandsson (Finance & Restructuring), and Sara Domeij (IP/Tech).
Snellman counsel to Castlelake in its investment in Scandinavian Airlines
2024
Snellman acted as Swedish counsel to Castlelake, L.P. in its investment as part of a consortium for $1.2 billion debt and equity investment in the reorganized Scandinavian Airlines implemented pursuant to a Chapter 11 plan and Swedish reorganization proceeding.
Snellman’s advisory team included Richard Åkerman, Jonas Sjöberg and Aykut Aslan Yucel (Private M&A), Carolina Wahlby, Fredrik Olsson, Albert Danielsson, Oscar Bengtsson and Lina Lundevall-Brunö (Finance & Restructuring), Mattias Friberg and Emma Greiff (Public M&A), Peter Forsberg, Philip Thorell and Lars Lundgren (Competition and FDI), Pontus Ewerlöf and Gustav Lewin (Dispute Resolution) and Jenny Lundberg (Employment).
Snellman advised Vitec Software Group AB on its SEK 1.125 billion private placement
2024
Snellman has advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm (Large Cap) on its directed issue and private placement of 2,250,000 new class B shares to Swedish and international professional and institutional investors. The private placement was carried out through an accelerated book-building process, raising proceeds of SEK 1.125 billion before transaction costs, and was significantly oversubscribed. Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in the private placement.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck and Lisa Kindstedt.
Snellman advisor to Byggmästare Anders J Ahlström Holding AB (publ) on its listing on Nasdaq Stockholm main market
2024
Snellman acted legal advisor to Byggmästare Anders J Ahlström Holding AB (publ), a Swedish investment company focusing primarily on investments in small and mid-sized companies in Sweden and the Nordics, on its listing of its shares on Nasdaq Stockholm main market. The market capitalisation of the company was approximately SEK 2 billion on the first day of main market listing on 19 June 2024.
Snellman’s core advisory team comprised Mattias Friberg, Emma Greiff, Edvin Matton and Sebastian Sund (Capital Markets), Lars Bärnheim (Private M&A), Jenny Lundberg and Nellie Jönsson (Employment), Elisabeth Vestin and Nicolas Günthardt (IP/Tech), and Carolina Wahlby and Sofia Granberg (Finance).
Snellman advisor to NYAB on its ground-breaking cross-border conversion re-domiciliation and simultaneous listing transfer from Finland to Sweden
2024
Snellman acted as legal advisor to NYAB Plc / NYAB AB, a leading specialized contractor of sustainable infrastructure and renewable energy projects, on its re-domiciliation and transfer of listing from Finland to Sweden. The re-domiciliation to Sweden was executed as a cross-border conversion, pursuant to the so-called EU Mobility Directive, whereby NYAB Plc, without being dissolved or liquidated, was converted from a Finnish to a Swedish public limited liability company, NYAB AB, with its registered office in Sweden. The conversion of the shares was implemented by delivery of the converted shares in NYAB AB to the shareholders in the form of so-called link securities in the book-entry securities system maintained by Euroclear Finland Oy, such link securities being exchangeable to shares in NYAB AB issued in the book-entry securities system maintained by Euroclear Sweden AB.
Simultaneously with the cross-border conversion, NYAB Plc’s shares were delisted from Nasdaq First North Growth Market in Finland and NYAB AB’s shares were listed at the Premier segment of Nasdaq First North Growth Market in Sweden. Based on the closing share price on the first day of trading at Nasdaq First North Premier Growth Market in Sweden, 28 June 2024, the market capitalisation of NYAB AB amounted to approximately SEK 7.3 billion.
The transaction is the first EU Mobility Directive based cross-border conversion with a simultaneous cross-border transfer of listing in Europe.
Snellman’s core advisory team included Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, and Sebastian Sund (Corporate & Capital Markets), and Jenny Lundberg, Josephine Gjerstad Medina, and Nellie Jönsson (Employment).
ABG Sundal Collier acted as financial advisor to NYAB in the cross-border conversion re-domiciliation and listing transfer.
Snellman advisor to Gruvaktiebolaget Viscaria on its SEK 440 million directed issue of new shares
2024
Snellman acted as legal advisor to Gruvaktiebolaget Viscaria, a mineral exploration company scaling up to become a modern and responsible producing mining company through the reopening of the Viscaria mine in Kiruna, northern Sweden, on its directed issue and private placement of 18,016,000 new shares to institutional and professional investors, raising approximately SEK 440 million before transaction costs. Gruvaktiebolaget Viscaria is listed on Nasdaq Stockholm main list. Skandinaviska Enskilda Banken AB and Carnegie Investment Bank AB acted as joint bookrunners in the private placement.
Snellman’s advisory team comprised Christoffer Saidac, Mattias Friberg, Emma Greiff, and Lisa Kindstedt (Capital Markets), and Peter Forsberg (Regulatory).
Snellman acts as legal advisor to Paradigm Capital Value Fund (Sicav) and its acquisition company Notalp Logistik AB, in connection with the public cash offer for all shares in Jetpak Top Holding AB (publ)
2024
Snellman acts as legal advisor to Paradigm Capital Value Fund (Sicav) (“PC Sicav”) and its acquisition company Notalp Logistik AB, in connection with the public cash offer for all shares in Jetpak Top Holding AB (publ), listed on Nasdaq First North Premier Growth Market in Stockholm. The public offer was made by a consortium led by Paradeigma Partners AB (a subsidiary of PC Sicav) and further comprising Pak Logistik Intressenter AB (an indirect subsidiary of PC Sicav) and Aktiebolaget Tuna Holding. The offer values all outstanding shares in Jetpak Top Holding AB at approximately SEK 1.2 billion. This offer runs in parallel with the mandatory offer previously made by Pak Logistik Intressenter AB with Snellman as legal advisor.
Snellman’s core advisory team comprises Ola Åhman, Mattias Friberg, Gabriella Fredlund, Anton Eriksson, Sebastian Sund and Edvin Matton (Public M&A), and Peter Forsberg and Lars Lundgren (Competition and FDI).
Snellman acts as legal advisor to Pak Logistik Intressenter AB and Paradigm Capital Value Fund (Sicav) on the mandatory public cash offer for Jetpak Top Holding AB (publ)
2024
Snellman acts as legal advisor to Pak Logistik Intressenter AB (“Pak Logistik”) and its indirect owner, Paradigm Capital Value Fund (Sicav), in connection with Pak Logistik’s mandatory public cash offer to the shareholders of Jetpak Top Holding AB (publ) (“Jetpak”), listed on Nasdaq First North Premier Growth Market in Stockholm. The mandatory public cash offer values Jetpak at approximately SEK 1.1 billion.
Snellman’s core advisory team comprises Ola Åhman, Mattias Friberg, Gabriella Fredlund, Anton Eriksson, Lisa Kindstedt and Sebastian Sund (Public M&A), and Peter Forsberg and Lars Lundgren (Competition and FDI).
Snellman advisor to NP3 Fastigheter AB on its dividend in kind and on its subsequent ABB block sale of all its class B shares in Fastighetsbolaget Emilshus AB
2024
Snellman acted as legal advisor to real estate company NP3 Fastigheter AB (“NP3”), listed on Nasdaq Stockholm, in connection with the dividend in kind and the subsequent block sale of all its class B shares in real estate company Fastighetsbolaget Emilshus AB (“Emilshus”), also listed on Nasdaq Stockholm.
The dividend in kind to the holders of ordinary shares in NP3 comprised approximately 7.2 million class B shares in Emilshus, corresponding to a distributed market value of approximately SEK 229 million. The subsequent share block sale comprised an additional approximately 6.3 million class B shares in Emilshus, at a price of SEK 32 per share, corresponding to sales proceeds of approximately SEK 201 million. The share block sale was conducted through an accelerated bookbuilding (ABB) process which was carried out jointly with a directed issue by Emilshus of 12 million new class B shares. Following NP3’s dividend in kind and share block sale and Emilshus’ directed share issue, NP3 remains with a holding of approximately 2.4 million class A shares in Emilshus, corresponding to 1.8 percent of the shares and 10.2 percent of the votes in Emilshus. ABG Sundal Collier AB, Carnegie Investment Bank AB, Nordea Bank Abp, filial i Sverige and Swedbank AB acted as Joint Bookrunners in connection with the ABB share block sale.
Snellman’s core advisory team comprised Mattias Friberg and Anton Eriksson.
Snellman advised Long Path Partners on its consortium public offer for Karnov Group AB
2024
Snellman acts as legal advisor to Long Path Partners in connection with the recommended public cash offer for all shares in Karnov Group AB, listed on Nasdaq Stockholm, Mid Cap. The public offer was made by a consortium consisting of Long Path Partners and funds managed or advised by Long Path Partners and Greenoaks Capital Partners and funds managed or advised by Greenoaks Capital Partners. Long Path is the largest shareholder of Karnov Group AB, holding 13.5 percent of all outstanding shares and votes, and Greenoaks holds 6.8 percent of all outstanding shares and votes. The offer values all outstanding shares in Karnov Group AB at approximately SEK 9 billion. The board of directors of Karnov Group AB have unanimously recommended the shareholders to accept the offer and shareholders holding in aggregate 22 percent of the outstanding shares and votes have irrevocably undertaken to accept the offer.
Snellman’s core advisory team includes Mattias Friberg, Ola Åhman and Khaled Talayhan.
Snellman legal advisor to SpectrumOne AB on divestments of shares in Eniro Group AB to Azerion Group N.V.
2024
Snellman advised SpectrumOne AB, a global MarTech technology company focused on advanced platforms for data management, analytics and communications and listed on Nasdaq First North Growth Market, on its divestments of 15.4 percent of all shares and votes in Eniro Group AB, a company listed on Nasdaq Stockholm, to Azerion Group N.V., one of Europe’s largest platforms for digital advertising and entertainment and listed on Euronext Amsterdam. The purchase price consists of a mix of cash and Azerion shares. SpectrumOne’s divestment was made in connection with Eniro and Azerion entering into a joint strategic collaboration and in parallel with a divestment of 10.1 percent of all shares and votes in Eniro Group AB by B.O. Intressenter AB to Azerion. The total value of the divestments to Azerion amounted to SEK 171 million.
Snellman’s core advisory team comprised Mattias Friberg and Emma Greiff.
Snellman counsel to Francks Kylindustri in its SEK 550 million senior secured bonds issue
2024
Snellman acted as counsel to Francks Kylindustri and Amplio Private Equity (formerly Segulah) in connection with the issuance of SEK 550 million senior secured bonds with the possibility of subsequent issuance of additional bonds up to a total of SEK 1,25 billion. The issuing entity will apply for an initial listing of the bonds on the Transfer Market segment of Nasdaq First North Bond Market with a subsequent transfer of listing to Nasdaq Stockholm’s corporate bond list or another regulated market within 12 months.
Francks Kylindustri is a market leading actor providing industrial and commercial temperature control solutions and services to companies in the Nordics. Amplio Private Equity is Swedish private equity firm specialising in the Nordic lower mid-market with a distinct sector focus on business services and IT & technology services.
Snellman’s core advisory team comprised Carolina H. Wahlby, Rezan Akkurt, Oscar Bengtsson and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg and Anton Eriksson (Capital Markets).
Snellman counsel to Episurf Medical AB on its rights issue of units
2024
Snellman acts as counsel to MedTech company Episurf Medical AB, listed on Nasdaq Stockholm, on its partially secured rights issue of units, each consisting of 15 class B shares and 6 warrants entitling to subscription of additional class B shares. The rights issue raises proceeds of up to approximately SEK 120 million from the issuance of class B shares and, additionally, up to approximately SEK 48 million in case of exercise of the warrants in February 2025. The rights issue is secured by subscription commitments, subscription intentions and guarantee commitments covering approximately SEK 90 million, corresponding to 75 percent of the rights issue. Pareto Securities AB acts as Sole Manager and Bookrunner in the rights issue.
Snellman’s core advisory team includes Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, Lisa Kindstedt, and Edvin Matton (Corporate & Capital Markets), Elisabeth Vestin and Louise Nordback (IP & Technology), Peter Forsberg (Regulatory).
Snellman counsel to NP3 Fastigheter AB, Danske Bank A/S Danmark, Sverige Filial and Swedbank AB (publ) in the issue of green bonds
2024
Snellman acted as counsel to NP3 Fastigheter AB, Danske Bank A/S Danmark, Sverige Filial, and Swedbank AB (publ) in the issue of MSEK 300 unsecured green bonds under their existing MTN program. Additionally, NP3 Fastigheter AB redeemed certain existing notes in connection with the new note issuance.
Snellman acted as transaction counsel to both NP3 Fastigheter AB as the issuer and Danske Bank A/S Danmark, Sverige Filial and Swedbank AB (publ) as joint bookrunners.
The core team at Snellman included Carolina Wahlby, Joel Montin, and Lina Lundevall-Brunö (Finance & Restructuring) and Mattias Friberg, Khaled Talayhan, and Anton Eriksson (Capital Markets).
Snellman counsel to Logent Group in Its SEK 850 million senior secured notes
2023
Snellman acted as counsel to the Logent group and Stirling Square Capital Partners (Advisers) LLP in connection with the issuance of SEK 850 million senior secured notes with the possibility of subsequent issuance of additional notes up to a total of SEK 1,3 billion. The issuing entity will apply for listing of the notes on Nasdaq Stockholm’s corporate bond list.
The Logent Group is an independent contract logistics partner to logistics-intensive companies in the Nordics and the Netherlands. Stirling Square Capital Partners (Advisers) LLP is a leading mid-market private equity firm seeking value-oriented, transformational buyouts across Europe.
Snellman’s core team included Carolina Wahlby, Oscar Bengtsson, Joel Montin and Lina Lundevall-Brunö (Finance and Restructuring) and Mattias Friberg, Khaled Talayhan and Anton Eriksson (Capital Markets), with support from Ville Säteri and Rosa Narvio (Finance, Helsinki).
Snellman advised NP3 Fastigheter AB on its SEK 632 million private placement
2023
Snellman advised real estate company NP3 Fastigheter AB (publ), listed on Nasdaq Stockholm (Large Cap), on its directed issue and private placement of 2,750,000 ordinary shares to Swedish and international professional and institutional investors. The private placement was carried out through an accelerated book-building process, raising proceeds of SEK 632 million before transaction costs, and was heavily oversubscribed. ABG Sundal Collier AB, Nordea Bank Abp, filial i Sverige, and Swedbank AB (publ) acted as joint global coordinators and joint bookrunners in the private placement.
Hannes Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, and Gabriella Fredlund.
Snellman counsel to Sampo plc on its dual listing on Nasdaq Stockholm
2022
Snellman acted as legal counsel to Sampo plc, listed on Nasdaq Helsinki since 1988, on its dual listing of its class A shares on Nasdaq Stockholm in the form of Swedish Depository Receipts (SDRs). Sampo Group is a significant Nordic insurance group and the parent company Sampo plc is one of the largest companies listed on Nasdaq Helsinki, with a market capitalisation of approximately EUR 24.7 billion as of 31 October 2022. Sampo has engaged Skandinaviska Enskilda Banken AB as an issuer of the SDRs and as market maker and liquidity provider regarding the SDRs. ABG Sundal Collier AB and Nordea Bank Abp, filial i Sverige acted as financial advisors in the dual listing.
Snellman’s core advisory team comprised Mattias Friberg, Khaled Talayhan, Gabriella Fredlund, and Anton Eriksson (Capital Markets and Corporate).
Snellman advised Vitec Software Group AB on its SEK 834 million private placement
2022
Snellman has advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm (Large Cap), on its directed issue and private placement of 2,200,000 new class B shares to Swedish and international professional and institutional investors. The private placement was carried out through an accelerated book-building process raising proceeds of SEK 834 million before transaction costs and was oversubscribed. Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in the private placement.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, and Lisa Kindstedt.
Snellman counsel to Soltech Energy in connection with its SEK 270 Million rights issue and overallotment issue of new shares
2022
Snellman advised Soltech Energy Sweden AB (publ), a supplier that develops, sells, installs, and optimises solar energy solutions, in connection with its SEK 228 million issue of new shares with preferential rights for existing shareholders and SEK 42 million overallotment share issue.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, and Anton Eriksson.
Snellman counsel to Thomas H. Lee Partners in its investment in Inriver AB
2022
Snellman acted as counsel to Thomas H. Lee Partners in its investment in inriver AB, a provider of Product Information Management (PIM) software for the world’s leading manufacturers, distributors, and retailers.
Snellman’s core team included Claes Kjellberg, Moa Fritzon Torbjelt, Maja Uppgren, Tanja Schnitt and Nicolina Hultgren Farsani (M&A Private), Mattias Friberg and Khaled Talayhan (M&A Public), Fredrik Olsson, Carolina Wahlby, Maria Orrgard, Albert Danielsson and Oscar Bengtsson (Finance), and Jenny Lundberg (Employment).
Snellman advised Vitec Software Group AB on its aquisition of ABS Laundry Business Solutions
2022
Snellman advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm, on its acquisition of software company ABS Laundry Business Solutions, headquartered in the Netherlands. The purchase price consisted of a mix of cash and a convertible debenture issued by Vitec Software Group AB to the sellers.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Emma Greiff, and Anton Eriksson.
Snellman counsel to Aker BP ASA in the combination of the oil and gas businesses of Aker BP ASA and Lundin Energy AB
2022
Snellman acted as counsel to Aker BP ASA, the Norwegian oil and gas company listed on the Oslo Stock Exchange, in the combination of its oil and gas business with the oil and gas business of Lundin Energy AB, the Swedish oil and gas company listed on Nasdaq Stockholm. At the time of the announcement of the transaction, the total value of the consideration for Lundin Energy AB’s oil and gas business corresponds to approximately SEK 100.17 billion.
Snellman’s core advisory team comprised Mattias Friberg, Emma Greiff, Anton Eriksson, Lisa Kindstedt, Julia Zetterberg, and Josephine Gjerstad Medina.
Snellman Swedish counsel to Savvy Gaming Group in its acquisition of ESL Gaming and FACEIT
2022
Snellman acted as Swedish counsel to Savvy Gaming Group, a newly launched gaming and esports group, in its simultaneous acquisition of ESL Gaming, from Modern Times Group MTG AB and its minority owners, and of FACEIT, from various sellers. ESL Gaming and FACEIT are two industry leading esport players and will form the ESL FACEIT Group. The enterprise value of the combined transaction was approximately SEK 15 billion.
The transaction is subject to regulatory approvals.
Snellman’s advisory team included Ola Åhman, Mattias Friberg, Ammar Khan, Khaled Talayhan, Maja Uppgren, and Alexander Lindqvist (Public and Private M&A), Olof Östman (IP&Tech), Albert Danielsson and Amanda Alexandersson (Finance & Reconstruction), and Josephine Lindgren (Employment).
Snellman counsel to Mangold AB in its listing on Nasdaq Stockholm Main Market
2022
Snellman acted as counsel to Mangold AB, a Swedish investment firm providing investment banking as well as private banking services, in relation to its listing on the Nasdaq Stockholm Main Market. Mangold AB transferred to the Main Market from Nasdaq First North Premier Growth Market, on which its shares had been listed since 2012.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Marcus Lehtinen, Marc Tevell de Falck, and Lisa Kindstedt (Capital Markets, Corporate Advisory, Public M&A); Anna Ribenfors (IP & Tech); Jenny Lundberg, Josephine Lindgren, and Lisa Pålsson (Employment); Albert Danielsson (Finance); and Alexander Lindqvist (Private M&A).
Snellman counsel to NeoGames S.A. in its public offer for Aspire Global plc
2022
Snellman acted as counsel to NeoGames S.A., a global provider of iLottery solutions incorporated in Luxembourg and listed on Nasdaq Stock Exchange in the US, in its recommended public takeover offer for all outstanding shares in Aspire Global plc, a B2B-provider of iGaming solutions incorporated in Malta with its shares listed on Nasdaq First North Premier Growth Market in Sweden. At the time of announcement of the offer, the offer valued Aspire Global plc at approximately SEK 4.3 billion.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Marcus Lehtinen, Marc Tevell de Falck, Lisa Kindstedt, and Anton Eriksson (Public M&A and Capital Markets); Maria Orrgard (Finance); and Peter Forsberg and David Olander (Competition).
Snellman counsel to Girindus Investments in its sale of shares in Re:NewCell
2021
Snellman acted as counsel to Girindus Investments AB in its sale of 6.25 per cent of the shares and votes in Re:NewCell AB (publ), a sustaintech company listed on Nasdaq First North Premier Growth Market. The shares were acquired by a group of investors consisting of the global fashion group H&M Group and Swedish and international institutional investors, including Swedbank Robur Fonder, Handelsbanken Fonder, and AMF Fonder. The share sale comprised in aggregate 1,926,048 shares, corresponding to approximately 6.25 per cent of the shares and votes in Re:NewCell AB (publ), at a price of SEK 226 per share, corresponding to a total transaction value of approximately SEK 435 million. Following the transaction, Girindus Investments AB remains as the owner of approximately 12.77 per cent of the shares and votes in Re:NewCell AB (publ) through its subsidiary Girincubator AB. BNP Paribas SA, Bankfilial Sverige acted as financial advisor to Girindus Investments AB in the transaction.
Snellman’s advisory team comprised Mattias Friberg, Marcus Lehtinen, and Anton Eriksson.
Snellman counsel to Nivika Fastigheter AB (publ) on its IPO and listing on Nasdaq Stockholm main list
2021
Snellman acted as counsel to Nivika Fastigheter AB (publ), a fast-growing property company, on its initial public offering and listing of all class B shares on the Nasdaq Stockholm main list. The offering of newly issued class B shares, which was heavily oversubscribed, amounted to SEK 1,000 million, and additional class B shares amounting up to SEK 150 million may be issued under an overallotment option. Tredje AP-fonden, Swedbank Robur Fonder, Öhman Fonder, and Weland AB were cornerstone investors in the offering and acquired shares for SEK 600 million in total. Based on the closing share price on the first day of trading, 3 December 2021, the market capitalisation of the company amounted to approximately SEK 5,417 million. Danske Bank A/S, Danmark, Sverige Filial, and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners.
Nivika is a fast-growing property company with a focus on long-term ownership, efficient new development, and an investment strategy with purpose of being flexible and adaptable towards the property market. The net proceeds will be used to finance continued growth through acquisitions and project development with new development of residential and commercial properties for long-term own ownership and management.
Snellman’s advisory team consisted mainly of Mattias Friberg, Christoffer Saidac, Khaled Talayhan, Emma Greiff, Anton Eriksson, Lisa Kindstedt, Andreas Wingren, Josephine Lindgren, Rezan Akkurt, and Alexander Lindqvist.
Snellman counsel to the sellers of Life Sciences Partners in the sale of LSP to EQT
2021
Snellman has advised the sellers of Life Sciences Partners (LSP), a leading European life sciences venture capital firm with approximately EUR 2.2 billion of assets under management, in connection with the sale of LSP to EQT AB. LSP, headquartered in Amsterdam, the Netherlands, is a venture capital firm that invests in innovative companies with strong scientific and clinical rationale across several life sciences strategies. LSP was founded in 1998, and today it is one of Europe’s largest and most experienced life sciences investment firms. With the sale, EQT AB acquires 100 per cent of the LSP management companies and 20 per cent of the right to carried interest in selected LSP funds. In addition, EQT AB will be entitled to 35 per cent of the carried interest of future funds. The upfront consideration amounts to EUR 450 million (on a cash and debt free basis), of which 25 per cent consists of cash and 75 per cent consists of publicly traded shares in EQT AB. In addition, a potential earn-out payment of EUR 25 million will be made if certain short-term fundraising targets are met.
Snellman’s core advisory team consisted of Mattias Friberg, Christoffer Saidac, and Khaled Talayhan.
Snellman advised on NP3 Fastigheter AB’s SEK 400 million subsequent bond issue
2021
Snellman acted as legal counsel on NP3 Fastigheter AB’s subsequent issue of senior unsecured sustainable bonds of SEK 400 million, within a frame amount of SEK 1 billion of which SEK 600 million was already outstanding. NP3 Fastigheter AB is listed on Nasdaq Stockholm, Mid Cap. Nordea Bank Abp and Skandinaviska Enskilda Banken AB acted as joint global coordinators and bookrunners for the subsequent bond issue.
Snellman’s advisory team included Mattias Friberg, Paula Röttorp, Maria Orrgard, Khaled Talayhan, Sofia Bengtsson, Emma Greiff, and Anton Eriksson.
Snellman counsel to NP3 Fastigheter AB on its acquisition of real estate assets from the Bonnier Group and issue of new preference shares
2021
Snellman advised NP3 Fastigheter AB in connection with the acquisition of real estate assets of SEK 251 million from the Bonnier Group and the issue of 3 million new preference shares as partial consideration for the acquired assets. NP3 Fastigheter AB is listed on Nasdaq Stockholm, Mid Cap.
Snellman’s core advisory team consisted of Mattias Friberg, Khaled Talayhan, and Emma Greiff.
Snellman advised Vitec Software Group AB on its SEK 920 million private placement
2021
Snellman advised Nordic software company Vitec Software Group AB, listed on Nasdaq Stockholm, on its directed issue and private placement of 2,000,000 new class B shares to professional and institutional investors. The private placement was carried out through an accelerated book-building process, raising proceeds of SEK 920 million before transaction costs, and was significantly oversubscribed. Nordea Bank Abp and Skandinaviska Enskilda Banken AB acted as joint global coordinators and joint bookrunners in the private placement.
Snellman’s advisory team comprised Mattias Friberg, Ola Åhman, Khaled Talayhan, Emma Greiff, and Marc Tevell de Falck.
Snellman counsel to Koch Industries and Infor on their divestment of Infor EAM to Hexagon
2021
Snellman acted as Swedish counsel to Koch Industries, Inc and its subsidiary Infor on their divestment of Infor’s global EAM (Enterprise Asset Management) business to Hexagon AB for approximately USD 2.75 billion (SEK 23.65 billion) on a cash and debt-free basis, consisting of approximately USD 800 million in cash and USD 1.95 billion in the form of 132.6 million newly issued series B shares in Hexagon corresponding to 4.9 per cent of all shares in Hexagon after completion of the transaction. The terms of the transaction also include establishing a deeper commercial relationship between Koch/Infor and Hexagon. Hexagon’s main shareholder, Melker Schörling AB, intends to propose a Koch representative to the Hexagon nomination committee for nomination to the Board of Directors of Hexagon after completion of the transaction.
Snellman’s main advisory team consisted of Mattias Friberg, Claes Kjellberg, and Khaled Talayhan.
Snellman counsel to Consortium of F. Holmström Fastigheter AB and Areim AB on its public offer for Magnolia Bostad AB
2021
Snellman advised the consortium of F. Holmström Fastigheter AB and Areim AB on its public cash offer for Magnolia Bostad AB (“Magnolia Bostad”), listed on Nasdaq Stockholm. Skandinaviska Enskilda Banken acted as the sole financial advisor. The offer values Magnolia Bostad at approximately SEK 2.9 billion. Magnolia Bostad is a leading community developer that develops new housing, both rental apartments and condominiums, community properties, and hotels in attractive locations in Sweden’s growth areas and large cities.
Snellman’s advisory team consisted mainly of Ola Åhman, Mattias Friberg, Emma Greiff, and Anton Eriksson (Public M&A and Capital Markets), Fredrik Olsson (Finance), Peter Forsberg and David Olander (Competition), and Mikael Stabo, Alexander Lindqvist, and Andreas Wingren (Real Estate).
Advised on NP3 Fastigheter AB’s SEK 600 million bond issue, 2021
2021
Snellman acted as legal counsel on NP3 Fastigheter AB’s issue of senior unsecured sustainable bonds of SEK 600 million, within a frame amount of SEK 1 billion. Nordea Bank Abp and Skandinaviska Enskilda Banken AB (publ) acted as joint global coordinators and bookrunners for the bond issue.
Snellman’s advisory team included Mattias Friberg, Paula Röttorp, Maria Orrgard, Sofia Bengtsson, Emma Greiff, and Anton Eriksson.
Snellman advised NP3 Fastigheter on its SEK 222 million private placement
2021
Snellman advised real estate company NP3 Fastigheter AB, listed on Nasdaq Stockholm, on its directed issue and private placement of 7,050,000 new preference shares to professional and institutional investors. The private placement was carried out through an accelerated book-building process, and it raised proceeds of approximately SEK 222 million before the transaction costs. ABG Sundal Collier AB and Swedbank AB acted as joint global coordinators and bookrunners in the private placement. The new preference shares were admitted to trading on Nasdaq Stockholm using the newly introduced EU Recovery Prospectus.
Snellman’s advisory team included Mattias Friberg, Emma Greiff, and Anton Eriksson.
Snellman counsel to Proventus Capital Partners IV AB (publ) in the debt financing of the Ovzon-3 Satellite
2021
Snellman acted as lead counsel to Proventus Capital Partners IV AB (publ) in relation to the debt financing of the Ovzon-3 Satellite. Proventus Capital Partners IV provided a commitment for a six-year senior secured loan of USD 60 million to Ovzon AB (publ), a company headquartered in Sweden, offering revolutionary mobile broadband service via satellite combining high bandwidth with highly mobile terminals. The financing provided by Proventus Capital Partners will partly fund the construction and launch of Ovzon’s first own satellite, Ovzon-3.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential. Snellman’s advisory team included Fredrik Olsson, Maria Orrgard, Sofia Bengtsson, David Smith (Finance & Restructuring), and Mattias Friberg and Khaled Talayhan (Public M&A).
Snellman advised on Mekonomen AB’s SEK 1.25 billion bond issue
2021
Snellman acted as legal advisor on Mekonomen AB’s issue of senior unsecured bonds of SEK 1.25 billion, within a frame amount of SEK 2 billion, and the listing of the bonds on Nasdaq Stockholm. The bond issue attracted strong interest from Nordic investors and was oversubscribed. The bond proceeds will be used to refinance existing bank debt and for general corporate purposes. Danske Bank, Nordea and SEB acted as joint bookrunners in the transaction.
Mekonomen Group consists of the leading automotive spare-parts chains in the northern Europe, with proprietary wholesale operations, over 470 stores, and almost 3,600 workshops operating under the Group brands. The Group offers a wide and easily accessible range of inexpensive and innovative solutions and products for workshops and car owners.
Snellman’s advisory team included Paula Röttorp, Mattias Friberg, Maria Orrgard, Sanna Böris, Sofia Bengtsson, Marcus Lehtinen, and Anton Eriksson.
Snellman counsel to Savaria Corporation in its public offer for Handicare Group AB
2021
Snellman advised Savaria Corporation and its acquisition vehicle Savaria (Sweden) AB on its recommended cash offer to the shareholders of Handicare Group AB (“Handicare”) listed on Nasdaq Stockholm. The offer values Handicare at approximately SEK 2.9 billion. Handicare offers solutions to increase the independence of disabled or elderly people to facilitate for their care providers and family.
Our advisory team included Ola Åhman, Mattias Friberg, Sanna Böris, Marcus Lehtinen, and Marc Tevell de Falck (Public M&A and Capital Markets), Fredrik Olsson and Albert Danielsson (Finance), Peter Forsberg, Johan Holmquist, and Sarah Ek (Competition), Itai Coleman and Sofia Widegren (IP/TMT), Anna Bergström and Alexander Lindqvist (Private M&A) and Jenny Lundberg (Employment).
Snellman counsel to SpectrumOne on its acquisition of 28% of the shares in Eniro
2021
Snellman advised SpectrumOne AB, a technology company listed on Nasdaq First North Growth Market, on its acquisition of 28% of the shares and votes in Eniro AB, a Nordic digital marketing and search service company listed on Nasdaq Stockholm. The acquisition makes SpectrumOne the largest shareholder of Eniro. The acquisition comprised in aggregate 188,862,265 series A preference shares, corresponding to 28% of the outstanding shares and votes in Eniro, from sellers Theodor Jeansson, MGA Placeringar AB, Hajskäret Invest AB, Martin Bjäringer, Thomas Krishan, and Patrik Enblad. The aggregate purchase price amounted to SEK 160 million, of which SEK 61 million was paid in cash and SEK 107 million in the form of vendor notes. For the purpose of the acquisition, SpectrumOne took out bridge loans in the amount of SEK 55 million. SpectrumOne intends to refinance the vendor notes and the bridge loans through a SEK 160 million new issue of shares with preferential rights for SpectrumOne’s shareholders.
Snellman’s advisory team included Mattias Friberg, Khaled Talayhan, and Marc Tevell de Falck.
Snellman counsel to Copperstone Resources on its SEK 160 million rights issue
2021
Snellman has advised Copperstone Resources AB (publ), a mineral exploration company focused on base and precious metal exploration in northern Sweden, on its SEK 160 million issue of new shares with preferential rights for existing shareholders, including a potential over-allotment share issue of additionally up to SEK 10 million. Through free-of-charge taking over and placing subscription rights from the company’s largest shareholder Sunstone Metals Ltd, which will not subscribe for its prorate share in the rights issue, the company has cost-efficiently obtained subscription undertakings corresponding to 51 per cent of the rights issue with and without subscription rights.
Snellman’s advisory team comprised Christoffer Saidac, Mattias Friberg, Khaled Talayhan, Emma Greiff, Marcus Lehtinen, and Marc Tevell de Falck.
Snellman Counsel to Episurf Medical AB on Its Private Placement of New Shares
2020
Snellman acted as counsel to medtech company Episurf Medical AB, listed on Nasdaq Stockholm, on its SEK 159 million directed issue and private placement of new series B shares to institutional investors. The private placement was directed mainly at Health Runner AB, a company controlled by Ilija Batljan, which invested approximately SEK 125 million and owns approximately 13 per cent of the total number of shares in Episurf Medical AB after the share issue, and at a limited number of institutional investors, such as Fjärde AP-fonden and Rhenman Healthcare Equity L/S. Zonda Partners AB acted as financial advisor in connection with the private placement.
Snellman’s advisory team comprised Mattias Friberg, Khaled Talayhan, Marc Tevell de Falck, and Lisa Kindstedt
Snellman counsel to NP3 Fastigheter AB on its joint venture with AB Sagax
2020
Parties
NP3 Fastigheter AB, AB Sagax
Transaction
NP3 Fastigheter AB on its joint venture with AB Sagax
Value
Value not public
Role
Counsel NP3 Fastigheter AB
Snellman Swedish counsel to TrønderEnergi AS in Its investment to become the largest shareholder in Scandinavian Biogas
2020
Parties
TrønderEnergi AS, Scandinavian Biogas
Transaction
The Norwegian energy company TrønderEnergi has become the largest shareholder in Scandinavian Biogas, a leading producer of biogas in the Nordics.
Deal value
Value not public
Role
Swedsih counsel to TrønderEnergi AS
Snellman counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
2020
Parties
Paradigm Capital Value Fund SICAV, Internationella Engelska Skolan i Sverige Holdings II AB (“IES”)
Transaction
Counsel to consortium led by Paradigm Capital on its public offer for Internationella Engelska Skolan
Deal Value
The offer values IES at approximately 3.3 Billion
Role
Counsel to Consortium Led by Paradigm Capital
Snellman counsel to Logent Group on its listing of bonds on Nasdaq Stockholm
2020
Parties
Logent Group, SSCP Lager BidCo AB (publ)
Transaction
Counsel Logent Group and the issuer SSCP Lager BidCo AB (publ) in connection with its listing of bonds on Nasdaq Stockholm.
Deal Value
SEK 900 million
Role
Counsel Logent Group and the issuer SSCP Lager BidCo AB (publ)
Snellman counsel to Vida AB in the acquisition of Bergs Timber AB’s (publ) Swedish sawmill business
2020
Parties
Vida AB, Bergs Timber AB (publ)
Transaction
Vida AB in the Acquisition of Bergs Timber AB’s (publ) Swedish Sawmill Business
Deal Value
SEK 400 million
Role
Counsel to Vida AB
Snellman counsel to NP3 Fastigheter AB on its private placement of new shares
2020
Parties
NP3 Fastigheter AB
Transaction
NP3 Fastigheter AB on its private placement of new shares
Deal Value
SEK 90 million
Role
Counsel to NP3 Fastigheter AB
Snellman counsel to Copperstone Resources AB (publ) on its private placement of new shares
2020
Parties
Copperstone Resources AB (publ)
Transaction
Counsel to Copperstone Resources AB (publ) on Its Private Placement of New Shares
Deal Value
Value not public
Role
Counsel to Copperstone Resources AB (publ)
Snellman advised Oasmia Pharmaceutical AB in connection with entering a global strategic partnership with Elevar Therapeutics Inc.
2020
Parties
Oasmia Pharmaceutical AB, Elevar Therapeutics Inc
Transaction
Advised Oasmia Pharmaceutical AB, listed on Nasdaq Stockholm, Mid Cap, on corporate, disclosure, governance and due diligence matters in connection with Oasmia entering a global strategic partnership with US based Elevar Therapeutics Inc. Snellman has in this connection also assisted Oasmia and its global/US pharmaceutical counsel.
Deal Value
Value not public
Role
Advised Oasmia Pharmaceutical AB
Snellman counsel to OBOS on the acquisition of 366 percent of the shares in SBC
2019
Parties
OBOS BBL (Buyer), Riksförbundet Bostadsrätterna Sverige Ekonomisk förening (Seller)
Transaction
OBOS in connection with the acquisition of 36.6 percent of the shares and votes in SBC Sveriges Bostadsrättscentrum AB
Deal Value
SEK 377 million
Role
Counsel to OBOS BBL
Snellman Counsel to Optomed Plc on its IPO and listing on Nasdaq Helsinki
2019
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
Snellman counsel to Polygon AB (publ) on its EUR 40 million subsequent bond issue
2019
PartiesPolygon AB (publ)TransactionPolygon AB (publ) on its EUR 40 million subsequent bond issue Deal Value
EUR 40 million
RoleLead Counsel to Polygon AB (publ)
Snellman Counsel to Lothar Geilen on the Public Offer for Opus Group AB
2019
Parties
Searchlight Capital Partners (co-bidder), Lothar Geilen (co-bidder), Opus Group AB (target)
Transaction
Public cash offer for all shares in Opus Group AB by Searchlight Capital Partners and Lothar Geilen
Deal Value
Approximately SEK 2.47 billion
Role
Counsel to Lothar Geilen
Snellman counsel to Oasmia Pharmaceutical AB on its SEK 399 million rights issue
2019
Counsel to Oasmia Pharmaceutical AB, listed on Nasdaq Stockholm, Mid Cap, on its SEK 399 million issue of new shares with preferential rights for existing shareholders
Snellman counsel to the Logent Group on SEK 900 million senior secured notes and the entry into of a super senior RCF
2019
Parties
Logent AB, Stirling Square Capital Partners LLP
Transaction
Logent Group issue of SEK 900 Million Senior Secured Notes and the Entry Into of a Super Senior RCF
Deal Value
SEK 900 million
Role
Counsel to Logent Group and SSCP
Snellman counsel to NP3 Fastigheter AB in its issue of a SEK 600 million senior unsecured bond
2019
Parties:
NP3 Fastigheter AB
Transaction:
NP3 Fastigheter AB’s issue of a SEK 600 million senior unsecured bond
Deal value:
SEK 600 Million
HS role:
Counsel to NP3 Fastigheter AB
Snellman counsel to SpareBank 1 Markets AS in connection with transactions concerning Lundin Petroleum AB
2019
Parties
SpareBank 1 Markets AS, Lundin Petroleum AB
Transaction
SpareBank 1 Markets AS in connection with transactions involving Lundin Petroleum AB, listed on Nasdaq Stockholm, Large Cap
Deal Value
SEK 14.5 billion
Role
Counsel to SpareBank 1 Markets AS
Snellman counsel to BVF Partners on its Investment in Calliditas Therapeutics AB
2019
Parties
BVF Partners, Calliditas Therapeutics AB
Transaction
BVF Partners’ Investment in Calliditas Therapeutics AB
Deal Value
SEK 300 million
Role
Counsel to BVF Partners
Snellman counsel to Cramo and Adapteo on the spin-off and listing of Adapteo on Nasdaq Stockholm
2019
Parties
Cramo Plc, Adapteo Plc
Transaction
Cramo’s partial demerger and listing of Adapteo on Nasdaq Stockholm
Deal Value
SEK 5.5 billion
Role
Counsel to Cramo Plc and Adapteo Plc
Snellman counsel to NP3 Fastigheter on its private placement of new preference shares
2019
Parties
NP3 Fastigheter AB (Issuer), ABG Sundal Collier AB (Manager)
Transaction
NP3 Fastigheter AB’s directed issue and private placement of 3.1 million new preference shares to institutional investors
Deal Value
SEK 101.8 million
Role
Counsel to NP3 Fastigheter AB
Snellman counsel to the sellers of Direct Conversion in a 90% stake acquisition by Varex Imaging
2019
Parties
Direct Conversion AB (Target), Varex Imaging Corporation (Bidder)
Transaction
Counsel to the sellers of Direct Conversion in a 90% stake acquisition by Varex Imaging.
Deal Value
Value not public
Role
Counsel to sellers of Direct Conversion
Snellman counsel to investors on the SEK 1.2 billion directed share issue in ÅF
2019
Parties
Corbis S.A, Procurator-Holdning Oy, Mariatorp Oy, Wipunen Varainhallinta Oy, ÅF AB
Transaction
Investors Corbis S.A., Procurator-Holding Oy, Mariatorp Oy and Wipunen Varainhallinta Oy in connection with subscription of shares in ÅF AB (publ) through a directed share issue amounting to SEK 1.2 billion.
Deal Value
SEK 1.2 billion
Role
Counsel to Investors
Snellman counsel to OBOS on the mandatory public offer for SBC
2019
Parties
OBOS BBL (Buyer), SBC Sveriges Bostadsrättscentrum AB (Target)
Transaction
OBOS’ mandatory public cash offer for all shares in SBC Sveriges Bostadsrättscentrum AB.
Deal Value
SEK 1 billion
Role
Counsel to OBOS BBL
Snellman counsel to Summit Partners in its investment of USD 67 million in Syncron
2018
Parties
Summit Partners (Bidder), Syncron International AB (Target)
Transaction
Summit Partners in its USD 67 million investment in Syncron. Syncron™, a provider of cloud-based after-sales service solutions focused on empowering the world’s leading manufacturers to maximize product uptime.
Deal Value
Value not public
Role
Counsel to Summit Partners
Snellman counsel to Pöyry Plc in ÅF’s recommended public cash tender offer for all shares in Pöyry
2018
Parties
Pöyry Plc, ÅF AB
Transaction
ÅF AB and Pöyry Plc have signed an agreement to combine the two companies
Deal Value
EUR 611 million
Role
Counsel to Pöyry Plc
Snellman counsel to Mekonomen AB on its rights issue and debt financing
2018
Parties
Mekonomen AB (Issuer), Nordea Bank AB (Underwriter), Skandinaviska Enskilda Banken AB (Underwriter)
Transaction
Mekonomen AB on its rights issue and debt financing
Deal Value
SEK 1.62 billion
Role
Counsel to Mekonomen
Snellman Counsel to Infranode 1 (No. 1) AB and Infranode Energi AB on Infranode Energi AB’s public offer for Skånska Energi AB (publ)
2018
Parties
Infranode 1 (No. 1) AB and Infranode Energi AB (Buyers), Skånska Energi AB (publ) (Target)
Transaction
Infranode Energi AB’s recommended public cash offer for all shares in Skånska Energi AB (publ)
Deal Value
SEK 621 million
Role
Counsel to Infranode 1 (No. 1) AB and Infranode Energi AB
Snellman counsel to NP3 Fastigheter AB on its SEK 304 million rights issue of preference shares
2018
Parties
NP3 Fastigheter AB (Issuer), Sveavalvet AB (Target)
Transaction
NP3 Fastigheter AB’s issue of new preference shares with preferential rights for the shareholders
Deal Value
SEK 304 million
Role
Counsel to NP3 Fastigheter AB
Snellman counsel to Patrick Söderlund and Johan Svanström in connection with investments in BIMobject AB (publ)
2018
Parties
BIMobject AB (publ) (Issuer, Target), EQT Ventures (Buyer), Patrick Söderlund (Buyer), Johan Svanström (Buyer), Mojo Capital One (Buyer), Abvent SA (Seller), Procedural Labs AB (Seller), Sven Holmgren (Seller), Johannes Reischböck (Seller)
Transaction
Investments in BIMobject AB (publ) by EQT Ventures, Patrick Söderlund, Johan Svanström and Mojo Capital One
Deal Value
SEK 312 million
Role
Counsel to Patrick Söderlund and Johan Svanström
Counsel to Knorr-Bremse AG on its public offer for Haldex AB involving competing offers and challenging merger control aspects*
2017
*=references from prior to joining Snellman
Deal value:
SEK 4.9 billion public offer
Counsel to Strax Group GmbH and its main owners on the combination with AB Novestra *
2017
Counsel to Greiner Bio-One GmbH on the contemplated rights issue in its listed subsidiary Vigmed Holding AB *
2017
*=references from prior to joining Snellman
Counsel to Nordea Bank Sparebank 1 Markets and HSBC Bank in connection with SAS AB´s private placement of common shares *
2017
Counsel to Humlegården Fastigheter AB on its in-kind acquisition of real estate assets from Länsförsäkringar Liv Försäkringsaktiebolag *
2017
Counsel to Greiner Bio-One GmbH on its public offer for Vigmed Holding AB *
2017
*=references from prior to joining Snellman
Snellman counsel to Transcom on Altors’ public offer for Transcom
2016
Counsel to Nordic Waterproofing Holding A/S and Axcel funds on Nordic Waterproofing’s initial public offering and listing on Nasdaq Stockholm *
2016
*=references from prior to joining Snellman
Counsel to Volkswagen AG on its public offer for Scania AB*
2014
Counsel to Koninklijke Ahold N.V. in its strategic review of its 60% holding in ICA AB and the SEK 21.2 billion sale thereof to Hakon Invest AB*
2013
Professional Background
Education
