Ola has extensive experience in complex public transactions, capital markets work, and corporate matters. He has acted for financial institutions and large listed companies in takeover and distressed situations and regulatory and compliance matters.
He frequently lectures at universities on topics related to company law, stock market rules, and general commercial law.
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)
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)
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 advised Long Path Partners on its consortium public offer for Karnov Group AB
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 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).
Swedish Counsel to the Marshall Family in the Creation of the Marshall Group Together with Zound Industries
Snellman acted as Swedish counsel to the Marshall Family, along with Geoffrey Leaver Solicitors, who advised the Marshall Family on the deal itself including all UK aspects of the transaction, in the sale of Marshall Amplification to Zound Industries, in connection with which the Marshall Family will become the largest shareholder of the newly formed Marshall Group.
Since 2010, Zound Industries has been bringing the Marshall brand to a global consumer audience through its range of headphones and wireless speakers sold in over 90 countries. This deal represents the moment that the iconic British brand and its partner, one of Sweden’s most successful profitable growth companies, come together to build the most exciting audio tech powerhouse.
The Marshall Family will own 24% of the newly formed Marshall Group, with Terry Marshall and Victoria Marshall joining the board of the Marshall Group.
The Snellman team included Ola Åhman, Claes Kjellberg, Douglas Essehorn, Anna Nordin Pettersson, Marc Tevell de Falck, and Carl Tengblad (M&A), Jessica Tressfeldt and Louise Nordback (IP & Tech), Ebba Sjölin (Finance), and Lisa Pålsson (Employment).
Snellman Counsel to Rederiaktiebolaget Gotland on Its Listing of Its Class A Shares and Class B Shares on Nasdaq First North Growth Market
Snellman acted as counsel to Rederiaktiebolaget Gotland, a Swedish shipping company founded in 1865 with a market capitalisation of approximately SEK 5 billion as of 7 December 2022, in the listing of its class A shares and class B shares on Nasdaq First North Growth Market.
Snellman’s core advisory team comprised Christoffer Saidac, Ola Åhman, Emma Greiff, Anton Eriksson, and Lisa Kindstedt.
Snellman Counsel to Aker BP ASA in the Combination of the Oil and Gas Businesses of Aker BP ASA and Lundin Energy AB
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 Ola Åhman, Mattias Friberg, Emma Greiff, Anton Eriksson, Lisa Kindstedt, Saara Ludvigsen, Marcus Nyberg, Julia Nordgren, and Josephine Lindgren.
Snellman Swedish Counsel to Savvy Gaming Group in Its Acquisition of ESL Gaming and FACEIT
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
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
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 the Wikström Family when Midroc Becomes Granitor
The brand Midroc is used by a wide range of operations with different constellations of owners in Sweden, the Middle East, and Africa. The company group Midroc Europe is owned by Mohammed Al Amoudi, one of the largest foreign investors in Sweden, together with the Swedish Wikström family. Since its inception in 1996, Midroc Europe has grown strongly and today comprises three business areas with a total turnover of approximately SEK 8 billion and 4,400 employees, most of which are active in the Nordic region.
The Midroc Europe Group will replace the common brand Midroc and from January 2022 instead use the Granitor brand. The change of brand is part of a renewed and formalised ownership agreement between Midroc Europe’s two owner families, and it entails a continued and in-depth collaboration that extends beyond generational boundaries. The new agreement is a natural progression that sees the Wikström family gradually increasing its holdings and Mohammed Al Amoudi becoming a more long-term minority owner and financier.
For further information, please refer to Midroc’s press release here.
Our core advisory team included Ola Åhman and Jonas Sjöberg (M&A), Mikael Stabo (Real Estate), Elisabeth Vestin (IP & Tech), and Albert Danielsson (Finance).
Snellman Advised Vitec Software Group AB on Its SEK 920 Million Private Placement
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 Consortium of F. Holmström Fastigheter AB and Areim AB on Its Public Offer for Magnolia Bostad AB
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).
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 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 Advokatbyrå AB
Kungsträdgårdsgatan 20
111 47 Stockholm Sweden
P.O. Box 7801
103 96 Stockholm Sweden
Business ID: 556757-2101
VAT number: SE556757210101
Tel: +46 760 000 000
E-invoicing:
EDI
ID: SE556757210101
Operator: Basware
Operator ID: BAWCFI22