Timo Airisto advises Finnish and international clients who are undertaking a wide range of corporate transactions. He supports clients so that they can successfully complete mergers and acquisitions, divestitures, joint ventures, and equity investments, often involving multiple jurisdictions.
He has acquired a detailed knowledge that helps provide clarity for clients, allowing them to move forward with confidence on highly complex deals. His track record includes private transactions, as well as public tender offers and mergers.
Timo has particular skill in the field of cross-border real estate deals, including leveraged financings of complex real estate acquisitions. He has advised a number of leading investors and financial institutions, guiding them through major real estate transactions in Finland.
Since joining White & Case in 1995, Timo has developed a thorough grasp of corporate law in Finland. He frequently assists domestic and international companies with various matters relating to Finnish corporate law, providing solutions on different issues and supporting clients who are unfamiliar with the Finnish market.
Timo has represented clients across a broad array of business sectors, including some of the most important industries in Finland and Northern Europe. He has recently represented clients in the biotechnology, engineering, financial services, mining and metallurgy, paper, pharmaceuticals, energy, real estate development, software and telecommunications industries.
Faculty of Law
Amer Sports Corporation's €4.6 billion voluntary recommended cash tender offer made by Mascot Bidco Oy, 2019
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 Mascot Bidco Oy, owned 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. The shares tendered during the offer period, including the subsequent offer period, represent approximately 98.1 percent of all issued and outstanding shares and votes in Amer Sports Corporation. The transaction is the largest ever cash public tender offer for a Finnish listed company.
Goldman Sachs acquisition of Finnish Office Property Portfolio, 2018
Representation of Goldman Sachs on the €108.5 million acquisition of a portfolio of 24 office properties and three plots in the Helsinki Metropolitan Area from IVG Polar Oy.
Technopolis' €730 million Public Cash Tender Offer for All of Its Shares by Kildare Partners, 2018
Representation of Technopolis plc, a Helsinki Nasdaq-listed shared workspace business, on the €730 million public tender offer for all of its shares by Kildare Partners, a real estate investment firm.
Nordika Purchase of Helsinki Office Properties, 2017
Representation of the Swedish property group Nordika on the purchase of three office properties in Helsinki, Finland from European Property Investors Special Opportunities 4 (Episo 4).
The Blackstone Group €3.8 billion public tender offer for Sponda Plc, 2017
Representation of The Blackstone Group in its 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. With assumed debt, the total value of the transaction is €3.8 billion.
Capgemini Acquisition of Idean Enterprises, 2017
Representation of Capgemini SA, one of the largest technology and outsourcing service providers globally, in the acquisition of a digital design and strategy company Idean Enterprises Oy.
Motherson Sumi Systems €571 Million Tender Offer for PKC Group, 2017
Representing 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.
ABB Group divestment of ABB Full Service Business to Nordic Capital Fund VIII, 2014
Representing ABB Group, the leading power and automation technology group, on the divestment of its ABB Full Service business to Nordic Capital Fund VIII. ABB Full Service is the leader in industrial maintenance outsourcing services in Europe, with a particularly strong position in the Nordics and a global presence.
Kemira's sale of its formic acid business to Taminco Corporation, 2014
Representing Kemira Oyj, a global chemicals company headquartered in Finland which serves customers in water-intensive industries, on the sale of its ChemSolutions' formic acid business to Taminco Corporation, a portfolio company of Apollo Management based in the United States. This was a complex carve-out transaction involving assets in multiple jurisdictions, demonstrating our ability to assist our clients in complex, multi-jurisdictional M&A transactions.
Republic of Finland sale of Destia Ltd, 2014
Representing the Republic of Finland as seller in connection with the €148 million sale of the entire share capital of Destia Ltd, a Finnish infrastructure and construction service company, to Ahlström Capital. Destia Ltd was created in 2008 by incorporating the former Finnish Road Enterprise, the state agency for road maintenance. This transaction demonstrates our knowledge and commitment to the Finnish market and our status as trusted advisor to the Finnish State, which we have represented for more than two decades.
Joint Venture between Monster Worldwide, Inc. and Alma Media Corporation, 2013
Representing Monster Worldwide, Inc., a global employment website, in connection with its joint venture with Alma Media Corporation, a Finnish-listed media company. As a result of the joint venture, a joint holding company named Alma Career Oy will provide comprehensive career services in Poland, Hungary, Czech Republic, Slovakia, Croatia, Finland, Estonia, Latvia and Lithuania.
ITOCHU Corporation acquisition of shares in Metsä Fibre Oy, 2012
Representing ITOCHU Corporation, a Japanese general trading company, in connection with its €472 million acquisition of 24.9% of the outstanding shares in Metsä Fibre Oy (formerly, Metsä-Botnia) from Metsäliitto Cooperative and Metsä Board Corporation. This transaction represented one of the largest foreign direct investments in Finland in the past decade.
Market Leader, IFLR1000 2019
Market Leader, IFLR1000 2018
Ranked Lawyer, Corporate/M&A – Finland, Chambers Global 2018 & Chambers Europe 2018
Ranked Lawyer, Real Estate – Finland, Chambers Europe 2018