Timo Airisto

Partner, Helsinki

Biography

“I was very impressed by Timo's skills and business-oriented approach.”
Chambers Global 2023

Overview

Timo Airisto is a partner in White & Case Global M&A team. He advises international and local clients in corporate transactions. Timo has advised on some of Finland’s largest transactions for the past two decades and his record of accomplishment includes private transactions, as well as public tender offers and mergers.

Timo is dual qualified in US and Finland and is also well-known for his skills in the field of cross-border real estate deals. He has advised a number of leading investors, guiding them through major real estate transactions in Finland.

Bars and Courts
New York
Finnish Bar Association
Education
LLM
Columbia Law School
LLM
University of Helsinki
Faculty of Law
Languages
English
Finnish
Swedish

Experience

Representation of Valmet, a Finland-based global developer and supplier of process technologies, automation and services for the pulp, paper and energy industries, on its €380 million acquisition of Körber's Business Area Tissue, a tissue packaging technologies and services provider.

Representation of Georg Fischer AG, a leading worldwide provider for the safe transport of liquids and gases, vehicle weight reduction and high-precision manufacturing technologies, on its €2.1 billion voluntary recommended public cash tender offer for all the issued and outstanding shares in Uponor, a Helsinki-listed global solution provider of water distribution.

Representation of DNV AS, an independent assurance and risk management provider headquartered in Norway, on its voluntary recommended cash tender offer for all the issued and outstanding shares and stock options in Nixu, a listed cybersecurity services company in Helsinki.

Representation of Nexans S.A., one of the world's leading suppliers of cable technologies and services, on its acquisition of Reka Cables Ltd., a Finnish cable manufacturer, from Reka Industrial Plc.

Representation of VALOREM, the French pioneering independent renewable energy developer and operator, on the divestment of the 165 MW Kalistanneva onshore wind farm to a Finnish consortium formed by HELEN Oy and the Bank of Åland Wind Power Fund Non-UCITS, and the simultaneous approximately €135 million project financing of the neighbouring 148.5 MW Matkussaari onshore wind farm, together with the negotiation and settlement of all related commercial arrangements.

Representation of Euroports Group, one of the largest maritime infrastructure companies in Europe, on its acquisition of Oy Hangö Stevedoring AB, a provider of cargo handling services at the Port of Hanko.

Representation of Legrand SA, global specialist in electrical and digital building infrastructures, as the acquirer on the acquisition of Ensto Building Systems from Ensto Invest Oy, an international technology company providing reliable and smart electric solutions and expertise for electricity distribution networks and buildings.

Representation of Keva, Finland's largest pension provider, on the sale of a 12.5% holding in Caruna, Finnish electricity distribution company which also maintains, repairs and builds a weatherproof electricity network in Finland, to the Swedish pension company AMF Pension.

Representation of Ahlstrom-Munksjö Oyj on the €2.1 billion voluntary recommended public cash tender offer made by a Bain Capital lead consortium formed for all the issued and outstanding shares in Ahlstrom-Munksjö Oyj. 

Representation of Starwood Capital Group, a leading global private investment firm, on the acquisition through a controlled affiliate of a Finnish rental residential portfolio of approximately 2,200 units in partnership with Avara Oy, a residential real estate investment and asset management company in Finland, from a consortium of Finnish vendors.

Representation of Amer Sports Corporation, a sporting goods company with internationally recognized brands, on the €4.6 billion voluntary recommended cash tender offer made by investor consortium of ANTA Sports Products Limited, FountainVest Partners, Anamered Investments (an investment vehicle owned by Mr. Chip Wilson, the founder of Lululemon) and Tencent (investing through a FountainVest Fund), for all the issued and outstanding shares in Amer Sports Corporation. This transaction was the largest ever cash public tender offer for a Finnish listed company.

Representation of The Blackstone Group, a US-based private equity firm, in its €3.8 billion (with assumed debt) recommended public tender offer for all shares in Sponda Plc, a Finland-based property investment company specializing in commercial properties in the largest cities in Finland, with shares listed on Nasdaq Helsinki.

Representation of Motherson Sumi Systems Ltd., a leading specialized automotive component solutions provider based in India, in its €571 million voluntary recommended public tender offer for all shares and stock options in PKC Group Plc, a producer and distributor of electronic components, systems, and parts.

Awards and Recognition

Individual Mention, Tier 1, Commercial, Corporate and M&A – The Legal 500 EMEA 2020-2023

Market Leader – IFLR1000 2022

Ranked Lawyer, Corporate M&A – Finland, Chambers Global 2023

Foreign Expert Based in Finland, Corporate M&A – Finland, Chambers Global 2023

Ranked Lawyer, Corporate M&A – Finland, Chambers Europe 2023

Hall of Fame, Real Estate & Construction – The Legal 500 EMEA 2020-2023

Individual Mention, Tier 1, Banking & Finance – The Legal 500 EMEA 2020-2023