Castrén & Snellman > Helsinki, Finland > Firm Profile

Castrén & Snellman
ETELÄESPLANADI 14
00130 HELSINKI
Finland

Finland > Banking and finance Tier 1

Castrén & Snellman represents clients in all sectors of finance covering all aspects of banking and finance transactions with a focus on complex transactions, green financings and sustainability-linked financing arrangements. The department is led by experienced partner Tero Tuomisto; with vast knowledge of finance arrangements of all kinds, he is frequently involved in acquisition finance, real estate finance, project finance and syndicated finance arrangements. Sakari Lukinmaa is recognised for his expertise in banking and finance, private equity, and venture capital and capital markets mandates; while Minna Korhonen has a particular focus on real estate and development transactions and ‘stands out for her practical view on real estate financing’.

Practice head(s):

Tero Tuomisto

Other key lawyers:

Testimonials

‘C&S are knowledgeable on local market practice, provide sufficient senior attention as well as cross-team collaboration to support with transactions.’

‘Large enough team and good understanding of customers need. When working with a small organisation they can help you to concentrate on the most important things.’

‘They understand the underlying business you are financing and its specific needs.’

‘The team has resources to advise on the most challenging finance transactions.’

‘Sakari Lukinmaa is a seasoned finance lawyer who make things happen.’

‘C&S’ banking and finance team has wide legal knowledge, from lending to capital markets issues etc. They always give clear and thorough advice.’

‘Minna Korhonen stands out for her practical view on real estate financing.’

Key clients

Nordea Bank Abp

OP Corporate Bank plc

Skandinaviska Enskilda Banken AB

Danske Bank A/S, Finland Branch

Aktia Bank Abp

Neste Corporation

LocalTapiola Group

Swedbank AB

Ålandsbanken Ab

Borgo AB

Huhtamäki Oyj

Helen Ltd

Finnlines Plc

Commerzbank Aktiengesellschaft

VR-Group Plc

Svenska Handelsbanken AB, filialverksamhet i Finland

REDI Shopping Centre

WithSecure Oyj

Meyer Turku Oy

NREP Oy

Crédit Agricole Corporate and Investment Bank Helsinki Branch

Samla Capital Oy

Triton Investment Management Limited

Lindström Oy

Raute Corporation

Finnish Fund for Industrial Cooperation Ltd (Finnfund)

L-Fashion Group Oy

Kilpilahden Voimalaitos Oy

Work highlights

  • Advised Finnlines on two arrangements for the financing of the acquisition of two new Superstar ro-pax vessels (Finncanopus and Finnsirius) by Finnish shipping company Finnlines Plc.
  • Advised Golub Capital LLC as arranger and the senior lenders on providing financing for the acquisition of Basware Oyj.
  • Advised Crédit Agricole Corporate and Investment Bank Helsinki Branch on a sustainability-linked financing arrangement for Kuusakoski Oy.

Finland > Capital markets Tier 1

Castrén & Snellman‘s capital markets and financial regulation department covers all core areas of transactional work, including private and public M&A, as well as handling financial regulatory matters and corporate governance work, and mandates involving sustainable finance and responsible investments. The team counts listed companies, major international and domestic banks and corporate finance houses, financial institutions, and institutional investors on its client roster. The group is headed up by Merja Kivelä, who has vast experience in mergers and acquisitions, capital markets transactions and financing work; Janne Lauha and Thomas Landell.

Practice head(s):

Merja Kivelä; Janne Lauha; Thomas Landell

Other key lawyers:

Teresa Kauppila; Anna-Maarit Laurila

Testimonials

‘Deep competence in capital markets laws, helpful and friendly attitude.’

‘Janne Lauha can always help and answer our questions. He is available and can explain the recommended solutions. Great competence and attitude.’

‘The work of Janne Lauha and Teresa Kauppila is highly appreciated. Both are exceptional lawyers and always put the client’s interests first.’

‘Janne Lauha provides excellent support – he understands our business needs and responds swiftly to complicated questions.’

‘Teresa Kauppila is efficient in her support and great with providing practical advice for complex situations.’

Key clients

Raute Corporation

WithSecure Corporation, F-Secure Corporation

Caverion Corporation

Evli Plc

Reka Industrial Plc

Bilot Plc

VR-Group Plc

POP Mortgage Bank Plc

QPR Software Plc

Solwers Plc

Mandatum Life Insurance Company Limited

The Mortage Society of Finland

Boreo Plc

Multitude SE

S-Bank Plc

Ålandsbanken Abp

Sp Mortgage Bank Plc

Purmo Group Plc

Rettig Group Ltd

Finland > Commercial, corporate and M&A Tier 1

Castrén & Snellman‘s private equity and venture capital and corporate governance practices serve a broad spectrum of clients on complex transactions, with an in-depth understanding of regulatory issues across different jurisdictions and broad experience spanning a wide range of industries including the food, energy, renewables, financial and technology sectors. The team consists of practitioners working in all core areas of transactional work: Jan Örndahl and Benjamin Bade jointly lead the M&A team; Jarno Tanhuanpää heads up the transaction services team and is head of private equity and venture capital; and Pauliina Tenhunen leads the corporate governance practice.

Practice head(s):

Jan Örndahl; Benjamin Bade; Jarno Tanhuanpää; Pauliina Tenhunen

Other key lawyers:

Testimonials

‘They have an excellent team, seem to have a good team spirit which also mirrors in how they perform. They are good at managing M&A projects and assist in-house teams.’

‘Benjamin Bade is easy to approach, friendly, knowledgeable and pragmatic. He is also solution driven and leads his team efficiently. Warm recommendation.’

‘A solid team working very well together. Quick turnaround in challenging questions, pragmatic and solution oriented.’

‘Lead partner Thomas Landell clearly stands out from the rest. Extremely capable, experienced, hands-on, very clear in written and spoken communication. A very pleasant person to work with, never failed in any manner.

‘Benjamin Bade is commercial, hands-on, and professional. Achieves excellent results.’

‘It was a pleasure to work with the team. The team was very good at keeping the momentum of the transaction and took responsibility. The communication was excellent.’

Key clients

Delta Auto Group Limited

Impinj, Inc.

Geia Food A/S

Triton Investment Management Limited

Sato-Asunnot Oy

Vattenfall Oy

Uponor Infra Oy

Raute Oyj

Litorina Capital Advisors AB

Ilmastorahasto Oy

Schibsted Nordic Marketplaces AS

Länsiauto Oy

Reka Industrial Oyj

Caverion Oyj

Mutares SE & Co. KGaA

Husqvarna Aktiebolag

Huhtamäki Oyj

Ox2 Finland Oy

Work highlights

  • Acting as the legal adviser to Caverion Corporation on a voluntary public tender offer for all issued and outstanding shares in Caverion made by Crayfish BidCo Oy.
  • Advised Vattenfall on an arrangement whereby Vattenfall and Metsähallitus agreed on the development and construction of Finland’s first offshore wind farm in the open sea area.
  • Advised Triton Smaller Mid-Cap Fund II on a new platform investment, the formation of Habeo Group through its acquisition and financing of eight Finnish companies.

Finland > Dispute resolution Tier 1

With a focus on international arbitration, Castrén & Snellman handles a range of dispute resolution mandates, including litigation and mediation proceedings. At the head of the team, Anders Forss focuses on arbitrations and trade secret cases across the reinsurance, energy, technology and media sectors; Marko Hentunen‘s practice is focused on the energy and technology sectors; and Ilona Karppinen is involved in post-M&A disputes, particularly in the energy sector. Tuomas Lehtinen is frequently appointed as lead counsel in international arbitrations and commercial litigation with a strong focus on the construction and energy sectors. In February 2024, Jerker Pitkänen was promoted to partner.

Practice head(s):

Anders Forss; Marko Hentunen; Ilona Karppinen

Other key lawyers:

Testimonials

‘Tuomas Lehtinen is great with his work when it comes to large cases in international arbitration.’

‘Ilona Karppinen and Anders Forss are both excellent lawyers and very pleasant to work with. They have a good business understanding and provide business-oriented solutions. All in all highly experienced, can simplify complex issues and can find solutions in difficult cases and in tight timelines. The quality of their work is very high.’

‘Uwe Uusitalo is a thought leader and experienced in working with multicultural teams effectively. Jerker Pitkänen is diligent, thorough and always one or two steps ahead in thinking of the possible solutions and outcomes.’

‘I find this to be the best disputes team in Finland. Very knowledgeable in procedure, including international arbitration, and with a distinct focus on quality in every aspect. Detailed and strategic at the same time, structured and pragmatic. A pleasure to work with.’

‘Anders Forss is a senior figure in Finnish dispute resolution without being very senior age-wise. He thinks things through, sees the broader picture and steers the advice to the point.’

‘Ilona Karppinen is sharp, focused, very result driven and provides quality advice both on substance and points of strategy.’

‘The team brings a wealth of experience to the table.’

‘Anders Forss is an innovative lawyer with the ability really break down the issues into pieces and bringing the other side on the defensive.’

Key clients

BMW AG

Finnair Plc

Gasum Ltd

Google Inc

Lujatalo Oy

Metsä Group

Nordea Bank Finland Plc

Stora Enso Plc

Valio Ltd

Valmet Corporation

The Finnish Composer’s Copyright Society Teosto

The Republic of Finland

Work highlights

  • Represented Gasum Ltd in an arbitration against Gazprom Export.
  • Represented Lujatalo Oy in a dispute concerning the construction of a new hospital in Espoo, Finland.
  • Representing the Republic of Finland as a respondent in investor-state arbitration proceedings.

Finland > Employment Tier 1

With a focus on employment litigation, complex restructurings and outsourcings, TUPE matters, mass redundancies and the related co-operation procedures, Castrén & Snellman‘s employment practice offers the full range of employment advice. At the helm of the practice, Tomi Kemppainen focuses on outsourcing arrangements, planning and implementing M&A deals, redundancy procedures and employment disputes, while Outi Tähtinen frequently acts in employment disputes and settlement negotiations. Sanna Honkinen handles the employment aspects of corporate transactions and has experience in labour restructurings and cooperation procedures.

Practice head(s):

Tomi Kemppainen; Outi Tähtinen

Other key lawyers:

Sanna Honkinen; Mikko Hanni

Testimonials

‘Outi Tähtinen’s approach is always practical and solution oriented, understanding the very realities of business life. When turning to C&S I know that I get high quality service and get the support I need and when I need it to deal with any employment case at hand.’

‘Castren’s employment law team are the strongest employment law team in Finland. They solve the client’s problems in the best way. The collaboration with the client and other law firms on multi-jurisdictional projects is excellent.’

‘Tomi Kemppainen provides excellent advice in all employment law issues and is always available for the client. Outi Tähtinen understands the clients’ needs and provides to-the-point advice. Mikko Hanni is a very skilled lawyer and a future employment law star.’

‘Tomi Kemppainen and Outi Tähtinen are outstanding in both service and legal knowledge – most trusted adviser.’

‘One of the biggest, if not the biggest employment team in town. They are good in everything related to employment law, and always give precise, timely and comprehensive advice. The quality of the work is always impeccable.’

‘Sanna Honkinen is my go-to lawyer, when employment law related advice is needed. She delivers every time and answers questions we even don’t realise to ask. The expertise, quality of drafting and professionalism in communicating is always top-notch.’

‘Very professional and knowledgeable counsel, competences in high level. They do their homework very well. They are easy to approach, they respond in a timely manner. Promises are always kept. When asking for advice they give the big picture. They have your back – always, you can fully trust the advice you get from them.’

‘Mikko Hanni is awesome. He has good experience and he knows a lot. He has also great sense of humor but always so professional. He offers many solutions to choose from when possible. He is very easy to work with and he is flexible beyond what could be asked for. He is very clear with his communication. I trust him fully.’

Key clients

Excelerate Energy Limited Partnership and Excelerate Energy, Inc.

Evli Plc

Finnair Plc

Fresenius Medical Care Suomi Oy

F-Secure Corporation

Gasum Ltd

Kesko Corporation

Metsä Fibre Ltd

Forchem Plc

WithSecure Corporation

Google

Work highlights

  • Advised Excelerate Energy on the conclusion of a lease agreement with Gasgrid Finland Oy for the Floating Storage and Regasification Unit (FSRU) Exemplar.
  • Advised Kesko Corporation on various employment law matters.
  • Advised Google on employment law matters.

Finland > EU and competition Tier 1

Castrén & Snellman advises on competition and compliance issues, merger control strategies and notifications, public procurement work, state aid matters and EU and other regulatory litigation, and has been involved in significant and complex competition cases in Finland and internationally. ‘Calm, practical and diligent’ practice head Jussi Nieminen has vast experience in all areas of competition law, acting for clients in public and private competition and regulatory proceedings and litigation before the Finnish courts. Anna Kuusniemi-Laine is recognised for her knowledge of public procurement, state aid and competition matters; she is also the firm's head of sustainability.

Practice head(s):

Jussi Nieminen

Other key lawyers:

Anna Kuusniemi-Laine; Maarit Taurula; Suzanne Simon-Bellamy; Kiti Karvinen

Testimonials

‘Large team with very good knowledge of competition law – I would trust them with any related issues.’

‘Jussi Nieminen is an excellent lawyer and very easy to work with. He provides precise advice.’

‘They provide pragmatic legal advice without taking any shortcuts, extremely knowledgeable within their legal fields, of the firms different practice areas, and about the Finnish and Nordic market.’

‘Suzanne Simon-Bellamy is highly qualified and truly a rising star. She is easy to work with, diligent and an excellent lawyer.’

‘Jussi Nieminen is responsive, easy to work with and understands the client’s needs and commercial dimension very well. Works to find practical solutions and efficient ways forward. Is able to explain complex matters in a straightforward and good way, including to non-lawyers.’

‘Kiti Karvinen is a true specialist who is thorough in her work and very knowledgeable within the competition law area.’

‘Jussi Nieminen is calm, practical and diligent. Helps to understand the big picture and keeps track of details that are easily forgotten by a busy in-house counsel.’

Key clients

Valio

S-Group

Wärtsilä Corporation

OP Financial Group

Gasum Oy

VR Group Ltd

YIT Oyj

Cargotec Corporation

Lantmännen

Sato

Work highlights

  • Advised Lantmännen on obtaining unconditional merger control clearance from the FCCA in Phase II for its acquisition of Finnish food company Myllyn Paras.
  • Advised BEW ASA on obtaining conditional merger control clearance from the FCCA in Phase II for its acquisition of Jackon Holding AS.
  • Represented one of the defendants against the FCCA’s penalty payment proposal for alleged cartel in the property management sector.

Finland > Intellectual property Tier 1

Castrén & Snellman provides advice on all aspects of trade mark, copyright and design prosecution and IP portfolio management. Practice head Sakari Salonen stands out for his experience in trade mark, design and brand protection and prosecution work, copyright issues, anti-counterfeiting mandates, unfair competition work and marketing matters; while Nina Mikander leads the IP prosecution group and Hanna Paloheimo, who leads the life sciences team, is highly regarded for patent litigation, pharmaceutical regulatory matters, and food and health technology matters, among others. Kim Parviainen is also recommended and specialises in IP and technology law as well as data protection matters.

Practice head(s):

Sakari Salonen; Nina Mikander; Hanna Paloheimo

Other key lawyers:

Key clients

Alma Media

Anora Group

BMW AG

Boehringer Ingelheim

Crocs Inc.

Google

Merck KGaA and Merck Oy

OP Financial Group

Patria

Teosto

Valio

Wärtsilä

Work highlights

  • Representing Google in its day-to-day legal matters in Finland, and handling IP advisory, trade mark enforcement, customs seizure, copyright and marketing law matters, as well as in data privacy and technology related work.
  • Successfully represented BMW in a complex trade mark dispute, where the Market Court prohibited the defendant from infringing BMW’s trade mark and dismissed the opposing party’s claim to invalidate BMW’s trade mark.
  • Advising Valio Ltd on brand protection and intellectual property enforcement matters globally.

Finland > Real estate and construction Tier 1

Castrén & Snellman provides full-service assistance on real estate transactions, advising major international and domestic clients on investments into the Finnish real estate market; the team also counts investors, developers, funds, construction companies, occupiers and municipalities on its client roster. Other areas of expertise span property development projects, leasing issues, environmental work, and construction mandates. In the contentious space, as well as handling domestic construction litigation, the team also acts in international arbitration proceedings relating to major energy and infrastructure projects in Finland and internationally. Key members of the team are Antti Kaakkola, who is head of the real estate investments and transactions group; and Samuli Tarkiainen, who is joint lead of the international construction and projects team. Elina Marttala is the kay name at senior associate level.

Practice head(s):

Antti Kaakkola; Samuli Tarkiainen

Other key lawyers:

Testimonials

‘C&S has one of the leading real estate practices in Finland. They have a strong position especially in demanding real estate transactions and development projects.’

‘Antti Kaakkola has taken part in many of the biggest deals in the industry during the past few years, and in my books his skills and quality of work is almost unmatched.’

‘Elina Marttala is a very talented and skilled person. She has a practical way to think about different solutions.’

‘Minna Korhonen has helped us in cases where financing related expertise has been needed. She’s done excellent work and stands out with the level of service and response times.’

‘Antti Kaakkola is a very talented and wise attorney. He can identify the most important things. He negotiates in a solution-seeking way.’

‘Antti Kaakkola, a partner with strong commercial acumen, excellent industry reach and can-do service attitude.’

‘C&S’ is truly a full-service law firm as they can provide high-end legal advice in various areas of law.’

‘Antti Kaakkola is very talented and one of the most promising younger generation real estate partners in Finland. We have noted his in-depth understanding on both legal and commercial aspects of real estate transactions (and business needs of the industry behind them) as well as appreciate his pragmatic and solution-oriented approach regardless of whether he advises us or our counterparties.

Key clients

OP-Public Services Real Estate non-UCITS Fund

OP-Rental Yield non-UCITS fund

Nrep Oy

Sagax Finland Asset Management Oy

BEWI ASA

Samla Capital Oy

eQ Community Properties Fund

eQ’s Residential Property Fund

Vierumäen Hotellikiinteistö Ky

Biovian Oy

Fortum Corporation

NSF IV Finland Advisory Oy

Work highlights

  • Advised OP-Public Services Real Estate non-UCITS fund on a transaction whereby it sold a portfolio of 15 care properties to Kinland Property VI Oy, a company originating from Norway.
  • Advised Nrep on its acquisition of a residential portfolio comprising three residential properties and 226 apartments from S-Bank Housing non-UCITS Fund.
  • Advised Sagax on a sale and leaseback transaction whereby Sagax acquired MEKO AB’s central warehouse properties in Finland.

Finland > TMT Tier 1

Castrén & Snellman's data and technology department focuses on complex private and public sector IT outsourcing and IT system procurement projects, often including a cross-border element, and related disputes. The team also handles data protection and regulatory matters in the telecommunications and media sectors. Group head Eija Warma-Lehtinen is recognised for her vast experience in data protection and privacy. 'Excellent' Kim Parviainen is well-versed in IP, technology and dispute resolution.

Practice head(s):

Eija Warma-Lehtinen

Other key lawyers:

Testimonials

‘Excellent lawyers. Great litigators and legal advisors. Extremely good knowledge about the market and our specific business needs. Proactive.’

‘Kim Parviainen is an excellent lawyer, writes the best briefs, so nice to work with and know everything about the law. ’

‘A highly professional team with insight into software contracting such as project contracts, SaaS environments, sanction policies, etc.’

‘Exceptional expertise in the privacy team.’

‘Exceptional expertise of practice leads, solid associates.’

Key clients

Valio Oy

Valtion tieto- ja viestintätekniikkakeskus Valtori

L-Fashion Group Oy

Liikennevakuutuskeskus

Google LLC

Oy Apotti Ab

Suomen Olympiakomitea ry

Work highlights

  • Advised Google LLC in numerous pioneering regulatory matters.
  • Advised Valio Oy in procurement of a cloud-based ERP system from SAP Finland Oy.
  • Advised Government ICT Centre Valtori in the use of certain cloud services within government entities.

Finland > Maritime and transport Tier 2

Castrén & Snellman‘s department covers all aspects of shipping and logistics-related work. The practice is co-headed by Niklas Langenskiöld, who is well versed in maritime and transport law and focuses on litigation and arbitration; and Rickard Langenskiöld, who advises on international trade and contract law in the logistics sector and the manufacturing industry. The firm also has a strong ship finance practice, led by Tero Tuomisto, who is a member of the firm’s banking and finance team.

Practice head(s):

Niklas Langenskiöld; Rickard Langenskiöld

Other key lawyers:

Testimonials

‘In-depth understanding of the logistics business and the legal framework.’

‘Richard Langenskiöld has exceptionally good skills and expertise in drafting and negotiating complex international contracts.’

‘They have a great team covering all kinds of maritime and transport and Rickard Langenskiöld is by far the best Finnish lawyer within this area.’

‘Rickard Langenskiöld stands out as an exceptional maritime lawyer.’

‘Unique knowledge of the maritime business. Especially Rickard Langenskiöld.’

‘They really had good experience and knowledge about maritime logistics. Very relevant and operational understanding about the activities and risks involved in port operations and voyages.

‘Castrén & Snellman’s maritime and transport practice is one of the few strong teams in Finland in this area that we can rely on when such specialist knowhow is required.’

‘Rickard Langenskiöld has been our company’s key contact for years and has proven to be a reliable and very capable specialist contact in our logistics-related matters. He is solution-oriented and has also been able to serve us well when thinking outside of the box has been a necessity.’

Key clients

Finnlines Plc

Prima Shipping Oy Ab

Finland > Tax Tier 2

Castrén & Snellman’s tax team advises clients on large-scale transactions and restructuring processes, and has a focus on tax litigation relating to tax audits, tax avoidance or transfer pricing issues. Practice head Mikko Alakare has vast experience spanning direct and indirect tax mandates as well as tax disputes. Janne Juusela, who joined from Borenius in April 2023, specialises in corporate tax, international tax law, mergers and acquisitions, and tax litigation; while Sari Laaksonen has a strong track record in advising on the cross-border aspects and structuring of M&A, real estate and financing transactions.

Practice head(s):

Mikko Alakare

Other key lawyers:

Testimonials

‘The team has grown a lot and forms a solid and integral part of an excellent law firm.’

‘Mikko Alakare is clearly the key player and masters all key areas of tax law, which is quite extraordinary, and he is very pleasant to work with.’

‘Very reactive. Very helpful to assist local teams with any issue faced.’

‘Relevant high-quality experience and straight forward thinking – no nonsense in approach wide variety of knowledge in all tax areas.’

‘Janne Juusela, a newcomer to the team, has exceptional highly valued experience in corporate tax, a thought leader in taxation in Finland. Mikko Alakare is building career blocks by taking strong responsibility of client projects. Sari Laaksonen has a solid performance in all aspects.’

Key clients

Fortum Oyj

Vantaan Energia Oy

Oomi Oy

Vattenfall

Nevel Oy

Excelerate Energy INC.

OX2

Impinj Inc.

Litorina Capital

SRC-Sibelco N.V.

Reka Industrial

Mutares

Speechly

Samla Capital

Level Equity Management

F-Secure

Work highlights

  • Advised Vattenfall on an arrangement whereby Vattenfall and Metsähallitus agreed on the development and construction of Finland’s first offshore wind farm in the open sea area.
  • Acted for a German investment management company in a tax dispute concerning the tax treatment of a German investment fund investing mainly in real estate.
  • Advised Excelerate Energy on the conclusion of a lease agreement with Gasgrid Finland Oy for the Floating Storage and Regasification Unit (FSRU) Exemplar.

Castrén & Snellman provides equal opportunities for all employees and job applicants regardless of their race, national origin, gender, religion, disabilities or sexual orientation. Castrén & Snellman treats everyone equally and ensures all of the firm’s employees have equal opportunities to advance in their careers and develop their expertise. Castrén & Snellman pays the same salary for the same work, regardless of the gender of the employee. 33% of our partners (10 persons) are women. 54% of the lawyers at Castrén & Snellman are women. 

Castrén & Snellman was the first Finnish law firm to join the world’s largest corporate sustainability initiative, the UN Global Compact, in 2020. The Ten Principles and The UN Sustainable Development Goals are the basis for the firm’s sustainability work.  C&S chose the three SDGs:  Gender Equality (goal 5), Climate Action (goal 13) and Peace, Justice and Strong Institutions (goal 16). For more information please see our first sustainability report. 

Castrén & Snellman has a Personnel Advisory Board with representatives from all employee groups. The Personnel Advisory Board presents personnel’s views and concerns to the Management Group. The PAB is entrusted with the responsibility to give a voice to any equality concerns from the personnel, to monitor equality situation and also to promote the continued improvement of equality in the firm.