Jenny heads the employment law practice at the Stockholm office. With her extensive experience as a lawyer, she is an expert in advising domestic and international clients in a broad scope of matters related to employment law. She has a special expertise in managing large restructurings, union negotiations as well as management contracts and terminations thereof. Jenny is also highly experienced in transactional work, such as advising clients on employment issues in connection with mergers and acquisitions. In addition, Jenny also works with data privacy issues and compliance matters. She regularly conducts presentations and training in these areas.
Snellman legal advisor to Roc Oil on its recommended public tender offer for Tethys Oil AB
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
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 Swedish Counsel to Apollo Funds in its Acquisition of IGT Gaming and Everi for $6.3 Billion
Snellman acted as Swedish counsel to Apollo Funds in its $6.3 billion agreements to simultaneously acquire International Game Technology’s gaming and digital business, IGT Gaming, and Everi Holdings, a leading provider of casino floor technology.
Subject to customary closing conditions and regulatory approvals, the all-cash transaction is expected to close by the end of the third quarter of 2025.
Snellman’s core advisory team comprised Claes Kjellberg, Jonas Sjöberg, and Aykut Aslan Yucel (Private M&A), as well as Jenny Lundberg and Josephine Gjerstad Medina (Employment).
Snellman advisor to Byggmästare Anders J Ahlström Holding AB (publ) on its listing on Nasdaq Stockholm main market
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
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 Counsel to Petroswede AB in the Sale of Svenska Petroleum Exploration Aktiebolag
Snellman acted as counsel to Petroswede AB in the sale of Svenska Petroleum Exploration Aktiebolag, an exploration and production company based in Sweden with assets such as an offshore block in Côte d’Ivoire in West Africa to Vaalco Energy (Holdings), LLC.
Snellman’s core advisory team comprised Ola Åhman, Claes Kjellberg, Astrid Trolle Adams, Ulrika Wigart and Sophia Engdahl (M&A), Jenny Lundberg and Josephine Gjerstad Medina (Employment), Peter Forsberg and Lars Lundgren (Competition and Regulatory).
Snellman Acted as Counsel to Magnet Forensics, Backed by Thoma Bravo, in the Acquisition of Griffeye
Snellman acted as counsel to Magnet Forensics, backed by Thoma Bravo, in the acquisition of Griffeye from Safer Society Group.
Griffeye, based in Gothenburg, Sweden, and founded in 2015, is a leader in digital media forensics for child sexual abuse investigations.
Magnet Forensics is a developer of digital investigation solutions that acquire, analyze, report on, and manage evidence from digital sources, including mobile devices, computers, IoT devices and cloud services. Magnet Forensics is backed by Thoma Bravo, one of the largest software investors in the world.
Snellman’s team was led by Claes Kjellberg and Douglas Essehorn (Private M&A), and it also included Alexander Lindqvist, Nadine Lågland, Anna Nordin Pettersson, and Ulrika Wigart (Private M&A), Carolina Wahlby and Rezan Akkurt (Finance), Caroline Sundberg, Sara Heikfolk, and Louise Nordback (IP & Technology), Jenny Lundberg (Employment), Peter Forsberg and Lars Lundgren (Competition), and Andreas Wingren (Real Assets).
Snellman Counsel to SEB Private Equity in Its Divestment of VaccinDirekt
Snellman acted as counsel to SEB Private Equity, minority shareholders and management in the divestment of VaccinDirekt, the largest retail vaccination provider in the Nordics with over 50 walk-in and mobile vaccination clinics in Sweden and Finland, to the Nordic investment company Impilo.
Snellman’s core advisory team on the divestment comprised Mikael Klang, Astrid Trolle Adams, Annika Schauman, Jonas Sjöberg, Alexander Lindqvist, Emma Andersson, Santeri Jääskeläinen, and Emma Johari, (Private M&A), Sara Heikfolk and Louise Nordback (IP & Tech), Angelica Berntsson (Real Estate), Jenny Lundberg and Jens Rönneholm (leave of absence) (Employment), and Elisa Viiri, Oscar Bengtsson, and Amanda Alexandersson (Finance).
Snellman’s core advisory team on management’s reinvestment comprised Miklos Kovacs Kal and Douglas Essehorn (Private M&A).
Snellman Counsel to Moneta Communications in Its Acquisition of UK and Australian Online Sport Betting Brands from Catena Media
Snellman acted as counsel to Moneta Communications Ltd, a leading UK-based sports betting affiliate, in its EUR 6.0 million acquisition of UK and Australian online sports betting brands from Catena Media.
The transaction covers the sale of all assets in Catena Media’s UK business, which includes sports betting brands Squawka and GG.co.uk, and all shares in the group’s wholly-owned Australian subsidiary.
Snellman’s core advisory team comprised Mikael Klang, Miklos Kovacs Kal, Tanja Schnitt, and Nicolina Hultgren Farsani (Private M&A), Anna Ribenfors and Sara Heikfolk (IP & Tech), and Jenny Lundberg (Employment).
Snellman Local Counsel to GfK SE in the EUR 315 Million Sale of Its European Consumer Panel Business (GfK CP) to YouGov PLC
Snellman acted, together with Jones Day, as counsel to GfK SE in the EUR 315 million sale of its European Consumer Panel business (GfK CP) to YouGov PLC, a leading international online research data and analytics technology group headquartered in the United Kingdom and listed on the London Stock Exchange (LSE: YOU).
GfK CP compasses over 100,000 households with panels across 16 European countries collecting and providing data on shopping behaviour relating to fast moving consumer goods.
Snellman’s advisory team comprised Richard Åkerman, Astrid Trolle Adams, Ulrika Wigart, Klara Hasselberg (Private M&A), Jenny Lundberg, Josephine Gjerstad Medina (Employment), and Olof Östman (IP & Tech).
Snellman Counsel to Responda Group, a Portfolio Company of IK Partners, in the Acquisition of H1 Communication
Snellman acted as counsel to Responda Group, a portfolio company of IK Partners, in the acquisition of H1 Communication.
Responda Group is a leading provider of answering and customer services with a passion to deliver value-creating customer experiences and strengthen relations through innovative, efficient, and qualitative customer service. The strategic acquisition of H1 is an important milestone in Responda Group’s growth agenda and strengthens its position as a leading supplier of outsourced customer service in the Nordics.
For further information, please refer to IK Partners’ press release here
Snellman’s core advisory team comprised Johanna Wärnberg, Miklos Kovacs Kal, Douglas Essehorn, and Nadine Lågland (Private M&A), Jenny Lundberg and Jens Rönneholm (Employment), Filip Åhsberger and Louise Nordback (IP & Tech), Johan Erlandsson (Finance), and Angelica Berntsson (Real Assets).
Snellman Swedish Counsel to Intersections, LLC in the Acquisition of OVPN Integritet AB
Snellman acted, together with Buhler, Duggal & Henry LLP, as Swedish counsel to Intersections, LLC (part of the Pango Group) in the acquisition of OVPN Integritet AB from Foliehatt AB and Rehn Studios AB. OVPN Integritet AB specialises in providing VPN services to individuals and companies.
Snellman’s core advisory team comprised Mikael Klang, Astrid Trolle Adams, Alexander Lindqvist, and Ulrika Wigart (Private M&A), Olof Östman (IP & Tech), and Jenny Lundberg (Employment).
Snellman Counsel to The Riverside Company in the Acquisition of Vita Verita AB
Snellman acted as counsel to The Riverside Company, a global private investor focused on the smaller end of the middle market, in the acquisition of Vita Verita, a specialist in cleanroom consumables and laboratory equipment, as the first add-on to Dastex Reinraumzubehör GmbH & Co. KG.
The Riverside Company is a global investment firm focused on being one of the leading private capital options for investors, business owners, and employees at the smaller end of the middle market by seeking to fuel transformative growth and creating lasting value.
Snellman’s core advisory team comprised Mikael Klang, Maja Uppgren, Nicolina Hultgren Farsani, Tanja Schnitt and Anna Nordin Pettersson, (Private M&A), Jens Rönneholm and Jenny Lundberg (Employment), Ebba Sjölin (Finance & Restructuring), Louise Nordback (IP & Tech), Abiram Soma (Real Assets), and Lars Lundgren and Peter Forsberg (Competition & Regulatory).
Snellman Counsel to the Power Group in Establishing Its Partnership with MediaMarktSaturn
Snellman acted as counsel to the Northern European electronics retailer Power International AS and its subsidiary Power Retail Sweden AB (the “Power Group”), in its acquisition of MediaMarkt Sweden, Europe’s leading retailer of home electronics, and thereby in the establishment of the new partnership between the Power Group and MediaMarkt.
Snellman’s core team included Richard Åkerman, Miklos Kovacs Kal, Nicolina Hultgren Farsani, Tanja Schnitt and Alexander Lindqvist (Private M&A), Peter Forsberg, and Emma Fröderberg Shaiek (Competition & Regulatory), Jenny Lundberg and Josephine Lindgren (Employment), Mikael Stabo and Andreas Wingren (Real Assets), Anna Ribenfors and Jessica Tressfeldt (IP & Technology), and Ebba Sjölin (Finance & Restructuring).
Snellman Counsel to Sitowise Group Oyj in the Acquisition of Convia Ingenjörsbyrå AB and Convia Infrastructure AB
Snellman acted as counsel to Sitowise Group Oyj in the acquisition of Convia Ingenjörsbyrå AB and Convia Infrastructure AB.
Snellman’s core team included Claes Kjellberg, Alexander Lindqvist, and Nadine Lågland (Private M&A) and Jenny Lundberg and Lisa Pålsson (Employment)
Snellman Counsel to Sylvamo Corporation in the Acquisition of Stora Enso Paper Nymölla AB (Including Its Uncoated Freesheet Paper Mill) in Nymölla, Sweden
Snellman acted as counsel to Sylvamo Corporation, a global paper company with mills in Europe, Latin America, and North America, in the acquisition of Stora Enso Nymölla Paper AB, which is operating an uncoated freesheet paper mill in Nymölla, Sweden, for approximately EUR 150 million.
Snellman’s core team included Richard Åkerman, Miklos Kovacs Kal, Alexander Lindqvist and Nadine Lågland (Private M&A), Jenny Lundberg and Lisa Pålsson (Employment), Mikael Stabo and Andreas Wingren (Real Assets) and Olof Östman (IP & Tech).
Snellman Counsel to Sandbäckens in Its Acquisition of LH Ventteknik AB
Snellman acted as counsel to Sandbäckens, a provider of technical installation services, in its acquisition of LH Ventteknik AB. The acquisition continues to broaden Sandbäckens range of services within the property technology solution.
Snellman’s core team included Claes Kjellberg, Miklos Kovacs Kal, Nicolina Hultgren Farsani, Tanja Schnitt (M&A Private), Jenny Lundberg, Josephine Lindgren, Lisa Pålsson (Employment), Abiram Soma (Real Assets), Sara Heikfolk (IP & Technology), Rezan Akkurt, and Ebba Sjölin (Finance & Restructuring).
Snellman Counsel to VASS Group in the Acquisition of Zington
Snellman acted as counsel to VASS Group, a leading digital solutions company present in 26 countries in Europe, the Americas, and Asia owned by One Equity Partners, in the acquisition of Zington, a renowned Swedish IT and management consultancy company serving a strong leading client portfolio in key sectors such as retail, food industry, and banking.
The acquisition of Zington strengthens VASS Group’s presence in the Nordic market and is VASS Group’s seventh acquisition since VASS Group’s growth plan was launched.
Snellman’s core team included Mikael Klang, Maja Uppgren, Nicolina Hultgren Farsani, and Tanja Schnitt (M&A Private), Lisa Pålsson and Josephine Lindgren (Employment), Olof Östman (IP & Technology), Filip Åhsberger (GDPR), Abiram Soma (Real Assets), Markus Nilsson (Finance & Restructuring), and Peter Forsberg and Lars Lundgren (Competition & Procurement).
Snellman Acted as Counsel to PCP in the Provision of an ESG-linked Debt Financing to Kry International AB
Snellman acted as counsel to PCP, who provided an ESG-linked debt financing to Kry International AB, Europe’s market leader in digi-physical healthcare services, as part of their €160m fundraise.
PCP provides tailored funding solutions to mid-sized companies in Northern Europe and acts as a strategic financial partner to companies who need additional funds to expand, make acquisitions, refinance their balance sheets, or restructure their operations. Over the last two decades, PCP has engaged and invested in over 130 companies and helped them maximise their potential.
Kry was co-founded in 2014 by its CEO Johannes Schildt and has become a market leader by enabling patients to access quality healthcare, quickly and efficiently. Working in partnership with healthcare professionals, governments, and partners across Europe, Kry improves patient access to both primary and specialist care via its technology and physical care centres.
Snellman’s core team included Fredrik Olsson, Maria Orrgard, Oscar Bengtsson, Tanja Schnitt, Jenny Lundberg, Lisa Pålsson, Olof Östman, Lars Lundgren, and Andreas Wingren.
Snellman Counsel to Thomas H. Lee Partners in its investment in inriver AB
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 Counsel to Novedo in the Acquisition of Nordsign AB and Its Portfolio Company ProvideU in the Acquisition of Elektronik Mekanik in Västerås
Snellman acted as counsel to Novedo in the acquisition of Nordsign AB, a product and installation company that delivers tailormade and complete solutions in commercial signs for clients in the Nordic countries, and Novedo’s portfolio company ProvideU in its acquisition of Elektronik Mekanik in Västerås, a fast-growing industrial company focusing on the production and assembly of circuit boards.
The acquisition of Nordsign is Novedo’s eighteenth since inception and the seventh in 2022, whereas the acquisition of EM is the first add-on acquisition for Novedo.
Snellman’s core team comprised Miklos Kovacs Kal, Tanja Schnitt, and Anna Nordin Pettersson (M&A Private), Jenny Lundberg and Josephine Lindgren (Employment), and Olof Östman (IP & Technology).
Snellman Counsel to Accent Equity in the Investment in Norcospectra
Snellman acted as counsel to Accent Equity in the investment in Norcospectra.
Norcospectra is a specialist within tailor made interior solutions for commercial spaces with market leading presence in Norway, Poland and Sweden.
Snellman’s core advisory team comprised Claes Kjellberg, Johanna Wärnberg, Maja Uppgren, Nicolina Hultgren Farsani and Tanja Schnitt (Private M&A), Andreas Wingren (Real Asset), Jenny Lundberg and Lisa Pålsson (Employment), Albert Danielsson and Oscar Bengtsson (Finance), Peter Forsberg and Oskar Helsing (Competition & Procurement) and Olof Östman (IP & Tech).
Snellman Counsel to the Kingdom of Sweden in the Sale of Metria AB
Snellman acted as counsel to the Kingdom of Sweden in the sale of Metria AB to Sikri Holding AS.
Metria is a Swedish provider of GIS, geodata, business and real estate information and planning and surveying services to authorities, municipalities and companies. Metria was established in 2011 following a corporatization of a division of the Swedish Mapping, Cadastral and Land Registration Authority (Sw. Lantmäteriet).
Snellman’s core advisory team comprised Claes Kjellberg, Johanna Wärnberg, Douglas Essehorn, Alexander Lindqvist, Nicolina Hultgren Farsani, and Anna Wahlbeck (Private M&A), Peter Forsberg, Oskar Helsing and Lars Lundgren (Competition & Procurement), Andreas Wingren (Real Estate), Jenny Lundberg and Lisa Pålsson (Employment), Elisabeth Vestin and Jessica Tressfeldt (IP & Tech), and Julia Nordgren (Dispute Resolution).
Snellman Counsel to Oriola in the Formation of a Joint Venture with Euroapotheca Combining Swedish Retail Pharmacy Chains Kronans Apotek and Apoteksgruppen
Snellman acted as counsel to Oriola Oyj in the the formation of a joint venture with Euroapotheca, combining the Swedish retail pharmacy chains Kronans Apotek and Apoteksgruppen.
Oriola Oyj will contribute Kronans Apotek and certain related assets and Euroapotheca will contribute Apotekgruppen to the joint venture for a combined enterprise value of approximately EUR 700 million.
The transaction is subject to regulatory approvals.
Snellman’s core advisory team consisted of Mikael Klang, Ammar Khan, Iiris Ikkelä and Tanja Schnitt (Private M&A), Mikko Heinonen and Annemari Rosi (Public M&A), Peter Forsberg, David Olander, Marcus Nyberg and Oskar Helsing (Competition), Elisabeth Vestin and Olof Östman (IP/Tech), Jenny Lundberg and Lisa Pålsson (Employment), Markus Bremer, Carolina Wahlby and Oscar Bengtsson (Finance & Restructuring) and Andreas Wingren (Real Assets).
Snellman Counsel to Mangold AB in Its Listing on Nasdaq Stockholm Main Market
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 Global Elevator and Escalator Provider KONE Corporation and its Subsidiary KONE Aktiebolag in the Divestment of Motala Hissar AB
Snellman acted as counsel to global elevator and escalator provider KONE Corporation and its subsidiary KONE Aktiebolag in the divestment of Motala Hissar AB to Aritco Group AB, a wholly-owned subsidiary of Investment AB Latour (publ). Motala Hissar AB is a manufacturer of platform lifts headquartered in Motala, Sweden.
Snellman’s team consisted of Claes Kjellberg, Johanna Wärnberg, Jonas Sjöberg, and Iiris Ikkelä (Corporate/M&A), Peter Forsberg and David Olander (Competition & Procurement), and Jenny Lundberg (Employment).
Snellman Advised Private Equity Sponsor Riverside and Its Portfolio Company Abracon on the Acquisition of Proant AB and Proant Asia Limited
Snellman advised private equity sponsor Riverside and its portfolio company Abracon on the acquisition of Proant AB and Proant Asia Limited, privately held antenna suppliers headquartered in Umeå, Sweden, and Hong Kong, respectively. The combined companies will form Abracon’s new ProAnt brand. Abracon will retain facilities in both Sweden and Hong Kong. Abracon, LLC is an industry leader in passive components, providing frequency control & timing device, RF & antenna, and inductor & connectivity solutions through a global distribution network.
Snellman’s team consisted of Mikael Klang, Iiris Ikkelä, Douglas Essehorn, Alexander Lindqvist (Corporate/M&A), Jenny Lundberg, Josephine Lindgren (Employment), and Anna Ribenfors (IP & Technology).
Snellman Counsel to SEB Private Equity in Its Partnership with Eatery
Snellman acted as counsel to SEB Private Equity in its investment in and partnership with Eatery. Eatery is a Swedish fast-growing concept chain with conferences, restaurants, cafés, evening restaurants, and food delivery to the public sector. Eatery has eight restaurants and conference facilities and ten production kitchens. SEB Private Equity is part of SEB, which focuses on developing companies such as Eatery through close collaboration with entrepreneurs and management teams.
Our advisory team included Mikael Klang, Jonas Sjöberg, Ebba Almén and Alexander Lindqvist (Private M&A); Caroline Sundberg and Jessica Tressfeldt (IP & Technology); Jenny Lundberg, Josephine Lindgren, and Lisa Pålsson (Employment); and Andreas Wingren (Real Assets).
Snellman Counsel to Terveystalo on its Acquisition of 72 Per Cent of the Shares and Recommended Mandatory Takeover Offer for Feelgood Svenska AB
Snellman advised Terveystalo Plc, listed on Nasdaq Helsinki, and its wholly owned subsidiary Terveystalo Healthcare Oy in connection with Terveystalo Healthcare Oy’s acquisitions of 72.14 per cent of the shares and simultaneously launched recommended mandatory public takeover offer for all of the remaining shares in Feelgood Svenska AB (publ), listed on Nasdaq Stockholm. The acquisitions and the takeover offer were made at a price of SEK 5.70 per share, implying a premium of 43 per cent over the closing price for the Feelgood share prior to the announcement of the transaction, and valued Feelgood Svenska AB (publ) at SEK 606 million.
The acquisitions of 72.14 per cent of the shares were made from a group of 13 existing shareholders and, in addition, two shareholders representing 6.09 per cent of the shares provided irrevocable and unconditional undertakings to accept the takeover offer. The takeover offer was unanimously recommended by the Independent Bid Committee of Feelgood Svenska AB (publ).
Terveystalo is the largest private healthcare provider in Finland and the market leader in occupational healthcare. The combination with Feelgood, one of Sweden’s leading occupational healthcare companies, opens the door for Terveystalo to the growing Swedish healthcare market and is an important step in Terveystalo’s expansion and growth outside Finland.
Snellman’s advisory team consisted mainly of Mattias Friberg, Ola Åhman, Marcus Lehtinen, and Marc Tevell de Falck (Public M&A and Capital Markets), Klaus Ilmonen and Anna Sahrakorpi (Corporate and Capital Markets), Markus Bremer, Matias Moberg, Rezan Akkurt, and Albert Danielsson (Finance), Peter Forsberg, David Olander, and Nathalie Miskin (Competition), Jenny Lundberg and Josephine Lindgren (Employment), Elisabeth Vestin and Itai Coleman (IP/Tech), and Mikael Stabo and Andreas Wingren (Real Assets).
Snellman Acted as the Swedish Counsel to Charles River Laboratories International, Inc. in the Acquisition of Cognate BioServices, Inc.
Snellman acted as the Swedish counsel to Charles River Laboratories International, Inc. in the acquisition of Cognate BioServices, Inc,. including its Swedish and British subsidiaries Cobra Biologics, a premier cell and gene therapy contract development and manufacturing organisation. The purchase price amounted to approximately USD 875 million.
Charles River Laboratories International, Inc. provides essential products and services to help pharmaceutical and biotechnology companies, government agencies, and leading academic institutions around the globe accelerate their research and drug development efforts. Charles River Laboratories International, Inc. is publicly traded on the New York Stock Exchange.
Snellman’s core team included Richard Åkerman, Nicole Jerad, Douglas Essehorn, Iiris Ikkelä, and Alexander Lindqvist (Private M&A), Jenny Lundberg (Employment), and Elisabeth Vestin and Itai Coleman (IP & Tech).
Snellman Counsel to KLAR Partners in the Acquisition of Sandbäckens
Snellman acted as counsel to KLAR Partners in the acquisition of Sandbäckens, the Swedish provider of technical installation and service of Sprinkler, Heating & Sanitation solutions for buildings. The acquisition was made by funds advised by KLAR Partners, a European private equity company focused on investments in companies operating in the business services and light industrials. Sandbäckens is KLAR Partners’ first acquisition in Sweden.
Snellman’s core team included Claes Kjellberg, Miklos Kovacs Kal, Anna Bergström, Julia Wegelius, Ebba Almén and Emma Andersson (Private M&A), Fredrik Olsson, Aina Renström and Rezan Akkurt (Banking & Finance), Martin Rifall (Construction), Jenny Lundberg, and Josephine Lindgren (Employment).
Snellman Counsel to Savaria Corporation in Its Public Offer for Handicare Group AB
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 Altra Industrial Motion in Its Strategic Partnership with MTEK Industry AB
Snellman acted as counsel to Altra Industrial Motion, a premier global designer and manufacturer of motion control and power transmission solutions, in the forming of a strategic partnership with advanced manufacturing software solution company MTEK Industry AB. The alliance with MTEK supports Altra Industrial Motion’s ongoing commitment to continue moving up the technology spectrum, offering more advanced solutions to its clients.
Snellman’s team included Richard Åkerman, Miklos Kovacs Kal, Nicole Jerad (Private M&A), Jenny Lundberg (Employment), and Itai Coleman (IP & Tech).
Snellman Advokatbyrå AB
Kungsträdgårdsgatan 20
111 47 Stockholm Sweden
P.O. Box 7801
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Business ID: 556757-2101
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