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

Representation of JPMorgan's Infrastructure Investments Fund (IIF) on its acquisition of Adven, a leading provider of clean energy solutions across the Nordics and Baltics, from the investment firms AMP Capital and Infracapital.

Representation of Ahlstrom-Munksjö Oyj on the voluntary recommended public cash tender offer made by a Bain Capital lead consortium formed by (BC) Lux Holdco S.à r.l. (a vehicle owned and controlled by funds managed or advised by Bain Capital Private Equity (Europe), LLP, and/or its affiliates), Ahlstrom Invest B.V (an indirect subsidiary of Ahlström Capital Oy), Viknum AB and Belgrano Inversiones Oy, for all the issued and outstanding shares in Ahlstrom-Munksjö Oyj. The tender offer values Ahlstrom-Munksjö's total equity at approximately EUR 2.1 billion. Ahlstrom-Munksjö is a global leader in innovative and sustainable fiber-based materials and its shares are listed on Nasdaq Helsinki and Nasdaq Stockholm.

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. 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.

Representation of The Blackstone Group, a US-based private equity firm, 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.

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.

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.

Representation of 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.

Representation of 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.

Representation of 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 the investment company 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.

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