Timo Airisto

Partner, Helsinki

Biography

“Timo Airisto is praised by clients as ‘easy to deal with and structured in the way he presents things.’”
Chambers Europe 2018

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 State Bar
Finnish Bar Association
Education
LLM
Columbia Law School
LLM
University of Helsinki

Faculty of Law

Languages
English
Finnish
Swedish

Experience

Starwood Capital Group's Portfolio Acquisition
Representation of Starwood Capital Group on the acquisition through a controlled affiliate of a Finnish rental residential portfolio of approximately 2,200 units in partnership with Avara Oy from a consortium of Finnish vendors.

Amer Sports Corporation's €4.6 billion voluntary recommended cash tender offer made by Consortium led by ANTA Sports
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. 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.

Cerberus Capital Management's Acquisition of Shopping Center Portfolio
Representation of Cerberus Capital Management on the acquisition of a real estate portfolio comprised of five shopping centers from Citycon.

Goldman Sachs acquisition of Finnish Office Property Portfolio
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
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.

M&G Real Estate's Acquisition of a Landmark Office Property
Representation of M&G on its acquisition of a landmark office property in Helsinki

Nordika Purchase of Helsinki Office Properties
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
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
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
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.

The Blackstone Group's Logistics Acquisition and Divestment
Representing The Blackstone Group on its €275 million acquisition of a majority stake in Certeum Ltd and on the later divestment of entire Certeum Ltd; representing the Blackstone Group on its €100 million acquisition of three logistics assets in Finland.

ABB Group divestment of ABB Full Service Business to Nordic Capital Fund VIII
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
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
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
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.

Awards and Recognition

Hall of Fame, The Legal 500 EMEA 2020

Market Leader, IFLR1000 2020

Ranked Lawyer, Corporate/M&A – Finland, Chambers Global 2020

Band 1 in Corporate/M&A, Chambers Global 2020

Tier 1 in Commercial, Corporate and M&A, The Legal 500 EMEA 2020

Tier 1 in Mergers and Acquisitions, IFLR1000 2020