Philip Thorell advises clients in all types of competition law matters, such as merger control, compliance, and investigations. He regularly acts as counsel to clients in matters before competition authorities, including many of the Swedish Competition Authority’s largest investigations in recent years.
Furthermore, Philip advises clients in all aspects of public procurement law, including in reviewing and preparing tenders, reviewing procurement documents, managing contacts and negotiations with authorities, day-to-day advice in relation to public contracts and public procurement aspects in M&A. He also represents clients in court procedures connected to public procurements.
Snellman advised Gruvaktiebolaget Viscaria on its SEK 2.4 billion private placement of new shares
2026
Snellman acted as counsel to Gruvaktiebolaget Viscaria, a company that is scaling up to become a modern and responsible producing mining company through the reopening of the Viscaria mine in Kiruna, on its directed issue and private placement of 144,222,570 new shares to professional investors, raising approximately SEK 2.4 billion before transaction costs, of which approximately SEK 1.7 billion was cash proceeds. Given the size of the share issue, part of the share issue is subject to approval by an extraordinary general meeting. The complex transaction also included a component under the Swedish so-called Lex Leo rules, a component subject to Swedish FDI approval, and parts of the share issue being paid by set-off. Handelsbanken Markets, Skandinaviska Enskilda Banken AB and Pareto Securities acted as joint global coordinators and joint bookrunners in the directed issue. Gruvaktiebolaget Viscaria is listed on Nasdaq Stockholm main market.
Snellman’s core advisory team comprised Christoffer Saidac, Emma Greiff, Lisa Kindstedt, Agnes Svensson Backlund and Mattias Friberg (Capital Markets), Philip Thorell and Esther Järvling (FDI).
Snellman counsel to Bonnier Capital in its investment in Consat Telematics
2026
Snellman acted as counsel to Bonnier Capital in its investment in Consat Telematics. The investment establishes Bonnier Capital as a strategic partner to Consat Telematics and is aimed at supporting the company’s continued international growth and innovation within intelligent public transportation systems.
Consat Telematics develops intelligent transport solutions for operators and public transport authorities and supports public transportation systems in markets including Sweden, Norway, Canada, Australia, Dubai and Brazil.
Snellman’s advisory team comprised Miklos Kovacs Scherlin, Douglas Essehorn, Emma Andersson, Ulrika Wigart and Adam Jatta Kölin (Private M&A), Sina Mindus Amini, Louise Nordback and Moa Gilbertsson (IP & Tech), Nellie Jönsson (Employment), Linnéa Eriksson (Real Assets), Signe Persson and Ylva Timmerbacka-Halje (Finance and Restructuring), and Philip Thorell and Ajda Hasanovic (Competition, Procurement & Regulatory).
Snellman counsel to Integrated Global Services, backed by American Securities, in its acquisition of Flamsprutarna
2026
Snellman acted as counsel to Integrated Global Services, Inc. (“IGS”) in its acquisition of Flamsprutarna AB, a global provider of turbine maintenance and thermal spray services.
Flamsprutarna brings more than 40 years of experience in turbine maintenance, thermal spray coatings, and nuclear power plant services. The acquisition strengthens IGS’s ability to support power plant operators worldwide with integrated maintenance solutions across gas turbines, steam turbines, and nuclear assets.
IGS is an international provider of on-site surface protection solutions, headquartered in Virginia.
IGS is backed by American Securities, a leading U.S. private equity firm investing in market-leading North American companies.
Snellman’s advisory team included Claes Kjellberg, Douglas Essehorn and Klara Hasselberg (Private M&A), Lisa Pålsson (Employment), Philip Thorell and Veronica Thurin (Competition, Procurement & Regulatory), Louise Nordback (IP & Tech), Mikael Stabo and Angelica Berntsson (Real Assets), and Signe Persson (Finance & Restructuring).
Snellman counsel to the owners of Subset in the divestment to IK Partners-backed Truesec Group
2026
Snellman acted as counsel to the owners of Subset, a specialized cybersecurity and secure software development firm delivering services to clients in defence, critical infrastructure and other essential sectors, in the divestment of Subset to IK Partners-backed Truesec Group.
The transaction marks a further strengthening of Truesec’s position as a comprehensive cybersecurity provider, while enabling Subset to continue its development as part of the group.
Snellman’s core advisory team comprised Miklos Kovacs Scherlin and Emma Andersson (Private M&A), Philip Thorell and Veronica Thurin (Competition, Procurement & Regulatory), Josephine Gjerstad Medina and Nellie Jönsson (Employment), and Louise Nordback and Moa Gilbertsson (IP&Tech).
Snellman counsel to Bonnier Capital in its acquisition of a majority stake in Elektron
2026
Snellman acted as counsel to Bonnier Capital in its acquisition of a majority stake in Elektron Music Machines AB from a consortium led by EMM Intressenter AB. The investment marks Bonnier Capital’s entry into the electronic music instrument sector and reflects Bonnier Capital’s continued focus on long-term ownership of businesses built around strong creative identities.
Snellman’s advisory team comprised Miklos Kovacs Scherlin, Douglas Essehorn, Ulrika Wigart and Adam Jatta Kölin (Private M&A), Sina Mindus Amini and Louise Nordback (IP & Tech), Josephine Gjerstad Medina and Lisa Pålsson (Employment), Angelica Berntsson and Linnéa Eriksson (Real Assets), Charlotte Säker (Finance and Restructuring) and Philip Thorell and Ajda Hasanovic (Competition, Procurement & Regulatory).
Snellman counsel to Humana in its acquisition of Homsan
2026
Snellman acted as counsel to Humana in its acquisition of Homsan, a well-established provider of daily activities under LSS in the Stockholm region. Humana will, through the acquisition, more than double its offering of daily activities and thereby strengthen its geographical presence in the region.
Snellman’s core advisory team consisted of Miklos Kovacs Scherlin, Nadine Lågland and Irma Jarlén (Private M&A), Nellie Jönsson (Employment), Linnéa Eriksson and Angelica Berntsson (Real Assets), Louise Nordback and Bohdana Kopyl (IP & Tech), as well as Philip Thorell and Esther Järvling (Competition, Procurement & Regulatory).
Snellman acted as counsel in SEB Private Equity’s majority share acquisition of Multisoft Group
2026
Snellman acted as counsel in SEB Private Equity’s acquisition of the majority of the shares in Multisoft Group, one of Sweden’s leading suppliers of systems for automation of business processes. The founders of Multisoft Group will remain in the company as minority shareholders.
Snellman’s core advisory team comprised of Mikael Klang, Alexander Lindqvist, and Adrian Bäck (Private M&A), Douglas Essehorn (Management reinvestment), Carolina H. Wahlby and Signe Persson (Finance and Restructuring), Philip Thorell, Veronica Thurin and Esther Järvling (Competition and Regulatory), Sina Mindus Amini, Louise Nordback and Bohdana Kopyl (IP & Tech), Nellie Jönsson (Employment) and Linnéa Eriksson (Real Assets).
Snellman counsel to Pacenote Equity in its investment in Restra Group
2026
Snellman acted as counsel to Pacenote Equity in its investment in Restra Group, an entrepreneur-led group of bio waste-to-energy companies in the Nordics.
Restra was founded with the ambition to strengthen the Nordic energy and heat supply through the responsible and sustainable use of bio-based resources. Restra currently consists of five companies (Skogsbränsle Småland, Naturskog, Naturskog Biofuel, Skogax and Biodrift), and is backed by a long-term ownership base including Swedish and international families, institutions, and entrepreneurs.
Snellman’s core advisory team included Claes Kjellberg and Douglas Essehorn (Private M&A), and Philip Thorell and Ajda Hasanovic (Competition, Procurement & Regulatory).
Snellman counsel to JM AB (publ) in divestment of contracting operations
2025
Snellman acted as counsel to JM AB (publ), the leading residential project developer in the Nordic region, in its divestment of its remaining contracting operations. The divested business currently comprises approximately 120 employees and has annual revenue of around SEK 500 million.
Completion of the transaction is planned to take place during the first quarter of 2026.
Snellman’s advisory team includes Claes Kjellberg, Isabelle Vinterskog, Ulrika Wigart and Adrian Bäck (Private M&A), Philip Thorell and Ajda Hasanovic (Competition, Procurement & Regulatory), and Josephine Gjerstad Medina (Employment).
Snellman counsel to Hypergene, a portfolio company of Thoma Bravo, in its business combination with Stratsys
2025
Snellman acted as counsel to Hypergene, a Nordic SaaS company within Financial Planning & Analysis (FP&A) and Portfolio Management, backed by Thoma Bravo, in its business combination with Stratsys, a Swedish provider of software solutions for Compliance, Risk Management, and Strategy Execution.
Hypergene and Stratsys are aiming to jointly combine their expertise in financial planning and performance management with strong capabilities in compliance, risk management, and strategy execution, respectively, within one coherent software platform for the benefit of public and private sector customers.
The transaction is subject to regulatory approvals.
Snellman’s advisory team includes Claes Kjellberg, Douglas Essehorn, Elin Boman, Nadine Lågland and Irma Jarlén (Private M&A), Philip Thorell and Veronica Thurin (Competition, Procurement & Regulatory), Carolina H. Wahlby and Charlotte Säker (Finance & Restructuring), Elisabeth Vestin and Louise Nordback (IP & Technology), Lisa Pålsson (Employment), and Andreas Wingren (Real Assets).
Snellman counsel to Bonnier Capital in its investment in AAC Clyde Space, whereby Bonnier Capital is set to become the company’s largest shareholder
2025
Snellman is acting as counsel to Bonnier Capital in connection with its investment of up to SEK 140 million in AAC Clyde Space, a company listed on Nasdaq First North Premier Growth Market in Stockholm. The investment comprises a directed share issue of SEK 100 million and up to SEK 40 million in additional investment in 2026, through which Bonnier Capital is set to become the company’s largest shareholder.
AAC Clyde Space provides small satellite technologies and mission services that enable governments, businesses and institutions to access high-quality space-based data, with applications including weather monitoring, maritime safety, security and defence, agriculture and forestry. Parts of the investment remain subject to approval at AAC Clyde Space’s extraordinary general meeting and by the Swedish Inspectorate of Strategic Products (ISP).
Snellman’s core advisory team comprises Miklos Kovacs Scherlin and Emma Andersson (Private M&A), Emma Greiff (Public M&A), Philip Thorell and Veronica Thurin (Competition, Procurement & Regulatory) and Caroline Sundberg (IP & Technology).
Snellman acted as legal counsel to Incore Invest in its acquisition of CoreOrchestration AB
2025
Snellman acted as legal counsel to Incore Invest, a Swedish investment firm, in its acquisition of CoreOrchestration AB from Worldline in a carve-out transaction. The acquisition, a nine-figure deal, is expected to close in Q1 2026 and will result in CoreOrchestration operating as a standalone company under Incore Invest’s ownership.
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 core advisory team comprised of Miklos Kovacs Scherlin, Alexander Lindqvist, Nadine Lågland, Sophia Engdahl, and Adam Jatta Kölin (Private M&A), Carolina H. Wahlby, Lina Lundevall-Brunö, and Oskar Bragée (Finance & Restructuring), Caroline Sundberg, Sina Mindus Amini, and Louise Nordback (IP & Technology), Jenny Lundberg and Lisa Pålsson (Employment), as well as Philip Thorell and Ajda Hasanovic (Competition, Procurement & Regulatory).
Snellman acted as lead counsel to Baylin Technologies Inc. in its acquisition of Kaelus AB
2025
Snellman acted as lead counsel to Baylin Technologies Inc., a leading diversified global wireless technology company listed on the Toronto Stock Exchange, in its acquisition of Kaelus AB, a Sweden-based global radio frequency technology manufacturer supplying products essential to wireless networks, defense systems, and telecommunications infrastructure. Closing of the transaction is subject to regulatory approval.
For further information, please refer to Baylin’s press release here (https://www.newswire.ca/news-releases/baylin-technologies-signs-agreement-for-a-transformational-acquisition-of-sweden-s-kaelus-ab-creating-a-global-wireless-technology-leader-870665337.html).
Snellman’s core advisory team comprised of Mikael Klang, Emma Andersson, Elin Boman, and Adam Jatta Kölin (Private M&A), Philip Thorell (Competition, Procurement & Regulatory), Lisa Pålsson (Employment), Louise Nordback (IP & Technology), Angelica Berntsson (Real Assets) and Oskar Bragée (Finance & Restructuring).
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 acted as counsel to Bonnier Capital in its acquisition of a significant minority stake in Mediaflow
2025
Snellman acted as counsel to Bonnier Capital in its acquisition of a significant minority stake in Mediaflow.
Bonnier Capital will partner with Mediaflow and provide capital and strategic resources to further accelerate Mediaflow’s growth and international expansion and broaden the product offering.
Mediaflow is a Swedish SaaS platform and DAM provider that combines a media bank, video platform, and brand management tools in one solution. Mediaflow supports more than 850 customers including many Nordic municipalities and global brands.
For further information, please refer to Bonnier Capital’s press release: Bonnier Capital
Snellman’s advisory team comprised Miklos Kovacs Scherlin, Douglas Essehorn, Tanja Schnitt, Carl Tengblad and Adam Jatta Kölin (Private M&A), Sina Mindus Amini and Emma Johari (IP & Tech), Lisa Pålsson (Employment), Philip Thorell and Emma Fröderberg Shaiek (Competition, Regulatory and Procurement), and Angelica Berntsson (Real Assets).
Snellman counsel to the transferring partners of KPMG Sweden in the carve-out to Azets Sweden
2025
Snellman acted as counsel to the transferring partners of KPMG Sweden in the carve-out of KPMG Sweden’s business operations focusing on audit, advisory, and tax services for smaller companies to Azets Sweden. The transaction also included, to some extent, parts of the business for medium-sized companies as well as audit and certain advisory services for municipalities and regions.
Snellman’s core advisory team consisted of Mikael Klang, Emma Andersson, and Carl Tengblad (Private M&A) as well as Philip Thorell and Ajda Hasanovic (Competition and Regulatory).
Snellman counsel to IK Partners in its acquisition of Francks Kylindustri
2025
Snellman acted as counsel to IK Partners in its acquisition of Francks Kylindustri, a leading Nordic provider of installation and maintenance of commercial and industrial refrigeration systems, from Segulah V, a fund advised by Amplio Private Equity AB. The investment will be made through the IK X Fund.
Francks Kylindustri is a leading specialist provider of installation and aftermarket services within commercial and industrial refrigeration systems and was founded in 1950 with headquarters in Sweden. The operations have developed from a regional business in Sweden to a group with comprehensive coverage of the Nordics following market entry into Norway, Denmark and Finland. Francks Kylindustri has delivered consistent and profitable growth, both organically and through strategic add-on acquisitions. With the support of IK, the group aims to further consolidate its position in the Nordic market and pursue international expansion, leveraging IK Partners’ operational expertise and proven track record in building scalable, resilient businesses.
The transaction is subject to regulatory approval.
IK Partners is a European private equity firm focused on investments in the Benelux countries, the DACH region, France, the Nordic countries, and the UK. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
For further information, please refer to IK Partners’ press release here.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Tanja Schnitt, Carl Tengblad, Elin Boman and Irma Jarlén (Private M&A), Fredrik Olsson, Rezan Akkurt, Lina Lundevall-Brunö and Signe Persson (Finance), Andreas Wingren (Real Assets), Josephine Gjerstad Medina and Nellie Jönsson (Employment), Louise Nordback, Emma Johari and Anna Hultengård (IP & Tech), Philip Thorell and Emma Fröderberg Shaiek (Competition, Procurement & Regulatory).
Snellman counsel to Vida AB in the acquisition of AB Karl Hedin Sågverk
2025
Snellman acted as counsel to Vida AB in its acquisition of AB Karl Hedin Sågverk from Mattsbo Såg AB and minority shareholders. AB Karl Hedin Sågverk operates sawmills in Central Sweden and will significantly expand Vida’s production capacity. Closing of the transaction is subject to regulatory approvals.
Snellman’s advisory team comprised Mikael Klang, Douglas Essehorn, Emma Andersson, Tanja Schnitt, Nadine Lågland, Elin Boman and Sophia Engdahl (Private M&A), Andreas Wingren and Angelica Berntsson (Real Assets), Philip Thorell and Ajda Hasanovic (Competition & Regulatory), Elisabeth Vestin, Sina Mindus Amini and Moa Gilbertsson (IP & Tech), Jenny Lundberg and Nellie Jönsson (Employment), and Carolina H. Wahlby and Charlotte Säker (Finance).
Snellman counsel to CapMan in the sale of MM Sports to the Feelgood Company AS
2025
Snellman acted as counsel to CapMan in the sale of MM Sports to the Feelgood Company AS. MM Sports is a Swedish leading sports nutrition company operating across the Nordic countries, with an e-com platform and 10 physical stores.
Closing of the transaction is, subject to regulatory approvals, expected to occur during Q3 2025,
Snellman’s core advisory team comprised Johanna Wärnberg, Alexander Lindqvist, Klara Hasselberg and Carl Tengblad (M&A Private), Philip Thorell and Emma Fröderberg Shaiek (Competition and Procurement).
Snellman counsel to Oras Group in the acquisition of the Gustavsberg and Vatette businesses from Villeroy & Boch
2025
Snellman acted as legal advisor to Finnish fittings manufacturer Oras Group in the acquisition of the Gustavsberg and Vatette businesses from Villeroy & Boch. The transaction is expected to be closed during the third quarter of 2025.
The acquisition represents an important strategic move for both companies. With the deal, Oras Group strengthens its position as a leading supplier of sanitary fittings in Northern Europe and strategically expands into a complete bathroom supplier, with a portfolio ranging from bathroom furniture to faucets.
Snellman’s core advisory team included Johanna Wärnberg, Alexander Lindqvist, Tanja Schnitt and Elin Boman (Private M&A), Elisabeth Vestin, Sina Mindus Amini and Emma Johari (IP & tech), Jenny Lundberg, Josephine Gjerstad Medina, Lisa Pålsson and Nellie Jönsson (Employment), Philip Thorell (Competition and Procurement), Angelica Berntsson (Real Estate) and Oskar Bragée (Finance & Restructuring).
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 KLAR Partners backed Sandbäckens in its acquisition of Umia Nord and Umia Skellefteå
2025
Snellman acted as counsel to KLAR Partners backed Sandbäckens in its acquisition of Umia Nord AB and Umia Skellefteå AB from the Umia Group. The transaction constitutes Sandbäckens’ largest acquisition of the year so far, and expands and establishes Sandbäckens’ operations in both Norrbotten and Västerbotten counties.
Snellman’s core advisory team comprised Claes Kjellberg, Miklos Kovacs Scherlin, Isabelle Vinterskog, Tanja Schnitt, Ulrika Wigart, Klara Hasselberg and Sophia Engdahl (Private M&A), Carolina H. Wahlby and Oskar Bragée (Finance and Restructuring), Lisa Pålsson (Employment), Philip Thorell and Veronica Thurin (Competition, Procurement & Regulatory).
Snellman acted as Swedish counsel to Pioneer Point Partners LLP in its acquisition of OG Clean Fuels B.V.
2025
Snellman acted as Swedish counsel to Pioneer Point Partners LLP in its acquisition of OG Clean Fuels B.V. from ABN AMRO Sustainable Impact Fund and a fund managed by Meewind.
OG Clean Fuels B.V. is a leading owner and operator of clean fuels filling stations based in the Netherlands, with 325 filling station locations offering compressed biomethane, liquefied biomethane, electric vehicle charging, hydrogen and liquid biofuels across Germany, the Netherlands, Sweden and Italy.
Pioneer Point Partners LLP is a leading European sustainable infrastructure investor, having made 20 investments and committed over €1.8 billion to date.
Snellman’s advisory team comprised Mikael Klang, Alexander Lindqvist and Klara Hasselberg (Private M&A), Andreas Wingren and Angelica Berntsson (Real Assets), and Philip Thorell and Veronica Thurin (FDI).
Snellman counsel to Oriola Oyj in landmark Swedish merger control litigation case
2025
In October 2023 Oriola announced its intention to divest its subsidiary Svensk Dos to Apotekstjänst resulting in a three-to-two merger in the Swedish market for pharmaceutical dose dispensing services. The merger was, following an in-depth merger investigation blocked by the Swedish Competition Authority (the “SCA”) in April 2024, which was subsequently upheld by the Patent and Market Court (Sw. Patent- och marknadsdomstolen) in November 2024. In its judgment on 7 March 2025, the Patent and Market Court of Appeal (Sw. Patent- och marknadsöverdomstolen) quashed the SCA prohibition decision, thus allowing the transaction. The court considered that the competition on the dose dispensing market was a “bidding market” as described by economist Paul Klemperer, on which competition would not be impeded if the numbers of competitors were reduced from three to two.
The matter represents a landmark case in many respects and is the first ever merger prohibition assessed by Swedish courts since the SCA was empowered to block mergers. Peter Forsberg, Pontus Ewerlöf, and Philip Thorell acted as counsel to Oriola.
Snellman counsel to Kingdom of Sweden in its sale of Lernia AB
2025
Snellman acted as counsel to the Kingdom of Sweden in its sale of Lernia AB to Aurelius (AURELIUS Investment Lux Fourteen SARL).
The closing of the transaction and Aurelius’ takeover of the shares in Lernia is expected to take place during the first quarter of 2025, pending, among other things, competition review as well as review under the Foreign Direct Investment Review Act.
Photo: Magnus Liljegren / Regeringskansliet
Snellman counsel to Accent Equity in its acquisition of Unisport from Unisport-Saltex Group
2024
Snellman acted as counsel to Accent Equity in its acquisition of the indoor division of Unisport-Saltex, consisting of Kerko Group Oy, Unisport Scandinavia AS, Unisport Scandinavia ApS and Unisport Sverige AB (jointly “Unisport”). Unisport is a specialist within indoor sports facilities and sports equipment with market leading presence in Sweden and Finland and establishments in Norway and Denmark.
Snellman’s advisory team comprised Johanna Wärnberg, Emma Andersson, Anna Nordin Pettersson, Carl Tengblad and Elin Boman (Private M&A), Carolina H. Wahlby and Johan Erlandsson (Finance & Restructuring), Jenny Lundberg, Josephine Gjerstad Medina, Lisa Pålsson and Nellie Jönsson (Employment), Peter Forsberg, Philip Thorell and Ajda Hasanovic (Competition, Procurement & Regulatory), Angelica Berntsson (Real Estate) and Louise Nordback (IP & Tech).
Snellman counsel to Region Stockholm’s Health and Medical Care Committee in the procurement of operation of S:t Göran’s Hospital
2024
Snellman acted as counsel to Region Stockholm’s Health and Medical Care Committee in the procurement of the operation S:t Görans Hospital located in the centre of Stockholm and one of the largest emergency hospitals in Sweden, known for its high-quality care and innovative healthcare approaches.
The acquisition concluded the procurement process which was one of the largest non-military procurements in the EU. The contract spans eight years, with an option to extend for up to four additional years, making the total potential duration twelve years. The value of the contract is approximately SEK 55 billion over the twelve-year period starting from 4 January 2026.
Snellman’s core project management team comprised Joakim Lavér and Philip Thorell (Competition, Procurement & Regulatory), Johanna Wärnberg, Maja Uppgren, Emma Andersson, Nadine Lågland and Elin Boman (Private M&A), Anna Ribenfors and Jessica Tressfeldt (Commerical, IP & Tech), Mikael Stabo and Andreas Wingren (Real Estate), Josephine Gjerstad Medina (Employment).
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 counsel to Lagercrantz Group in the acquisition of Nordic Road Safety
2024
Snellman acted as counsel to Lagercrantz Group in the acquisition of 85% of the shares in Nordic Road Safety AB (NRS), a Swedish supplier of permanent road safety through development, consulting, sales, project management and installation of safety barrier systems and noise barriers.
Our core team comprised of Claes Kjellberg, Maja Uppgren, Nicolina Hultgren Farsani, Philip Thorell, Nellie Jönsson, and Josephine Gjerstad Medina.
Snellman local counsel to ASICS CORPORATION in its sale of Haglöfs AB
2023
Snellman acted as counsel to ASICS CORPORATION in its sale of Haglöfs AB, a well-known Sweden-based outdoor goods provider with products sold in 28 countries, to the global private equity firm Lionrock Capital Limited.
Snellman’s core advisory team on the sale comprised Claes Kjellberg, Astrid Trolle Adams, and Klara Hasselberg (Private M&A), Ebba Sjölin (Finance), and Philip Thorell (Competition & Regulatory).
Snellman counsel to Oriola Oyj (“Oriola”) in the sale of Svensk dos AB to Apotekstjänst Sverige AB
2023
Snellman acted as counsel to Oriola Oyj (“Oriola”) in the sale of Svensk dos AB to Apotekstjänst Sverige AB. The agreed sale price in cash is SEK 110 million, and Oriola will through the transaction exit the dose dispensing business in Sweden.
The transaction is subject to approval by the Swedish Competition Authority and is expected to be completed no later than Q1/2024.
Snellman’s core team consisted of Mikael Klang, Moa Torbjelt Fritzon and Tanja Schnitt (Private M&A) and Peter Forsberg, Philip Thorell and Sarah Ek (Competition).
Snellman counsel to Equip Capital in the acquisition of a portfolio of companies from Lakers Group AB (publ)
2023
Snellman acted as counsel to Equip Capital, a Nordic private equity firm, in the acquisition of a portfolio of companies that were previously part of the Lakers Group but are now part of Vestum AB (publ). The portfolio of companies consists of 20 operating companies in Sweden, Norway, Finland, Denmark, and Germany. Closing of the transaction is expected to take place in the second quarter of 2023.
Snellman’s team included Johanna Wärnberg, Jonas Sjöberg, Emma Andersson, Tanja Schnitt, and Carl Tengblad (Private M&A), Carolina Wahlby and Amanda Alexandersson (Finance & Restructuring), Abiram Soma and Milla Mänistö (Real Assets), Josephine Lindgren (Employment), Louise Nordback (IP & Tech), and Peter Forsberg and Philip Thorell (Competition & Regulatory).
For more information, please read here.
Snellman counsel to Equip Capital in its investment in Stenbolaget
2023
Snellman acted as counsel to Equip Capital, a Nordic private equity firm, in its investment in Stenbolaget Sverige AB, a Swedish stone supplier.
Stenbolaget produces and sells stone and stone products to private and professional customers. The production is carried out by Stenbolaget’s wholly-owned Turkish subsidiary, which has, among other things, certifications from SMETA.
Snellman’s core advisory team comprised Johanna Wärnberg, Douglas Essehorn, Nadine Lågland, and Nicolina Hultgren Farsani (Private M&A), Josephine Lindgren and Jens Rönneholm (Employment), Carolina Wahlby and Amanda Alexandersson (Finance), Andreas Wingren (Real Assets), Olof Östman (IP & Tech), and Philip Thorell and Sarah Ek (Competition & Regulatory).
Snellman counsel to Paulig in their strategic digitalisation programme
2022
Snellman acted as a counsel to Paulig, a family-owned international company in the food and beverage industry, in their strategic digitalisation programme. We assisted Paulig with drafting and negotiating implementation project agreements and licence and cloud service agreements with international vendors of Enterprise Resource Planning Systems (ERP), Manufacturing Execution Systems (MES), and Integrated Business Planning (IBP) software.
“We at Paulig are confident that our contracts going forward will support a successful journey with our vendors due to the professional and high quality work by Snellman’s team”, says Marika Lindström, Chief Information Officer at Paulig.
This is the fifth large-scale strategic digitalisation project in the past three years in which Snellman’s IP & Technology team has acted as counsel. The total value of these technology/digitalisation projects exceeds EUR 12 billion.
Professional Background
Education
