Hammarskiöld > Stockholm, Sweden > Firm Profile

PO BOX 2278

Sweden > Banking and finance Tier 2

Hammarskiöld’s banking and finance team has broad expertise acting for credit institutions, banks, investment clients, debt funds, fintech companies, and real estate corporates, among other clients, specialising in direct lending, regulatory, leasing, and asset and project finance matters. Managing partner Mattias Anjou, who has considerable experience assisting both lenders and borrowers in relation to secured and syndicated loans, acquisition financings and bonds, leads the practice; he is also well known for advising credit institutions, investment companies, fund managers, and payment institutions on financial regulations. Direct lending specialist Rasmus Fahlén is especially active in the real estate sector, advising major clients on a range of high-value matters.

Practice head(s):

Mattias Anjou; Rasmus Fahlén

Other key lawyers:

Johan Löfquist; Emelie Herngren


‘Hammarskiöld’s team is experienced, provides precise advice and is reactive. Communication was good.’

‘Rasmus Fahlén is very responsive, solution-oriented and pleasant to work with. He manages projects well and has great negotiation skills.’

‘Rasmus Fahlén is a very good banking lawyer.’

‘The team stands out for its industry sector knowledge and responsiveness to clients’ needs. Rasmus Fahlén and Johan Löfquist are excellent.’

‘The team’s collaboration and responsiveness are exceptional.’

‘They offer quality delivery, quick turn-around times and are pleasant to work with.’

Key clients

J.P. Morgan SE

Goldman Sachs

National Bank of Canada


Skandinaviska Enskilda Banken (SEB)

Swedish Export Credit (SEK)

Societe Génerale

European Investment Fund




Nordic Trustee & Agency

Scandinavian Credit Fund

Nordic Factoring Fund

Collector Bank AB

Hypoteket Bolån Sverige AB

Fastighets AB Balder

Vacse AB

Fabege AB

Vestum AB

Fastighets AB Stenvalvet

Coeli Fastighetsförvaltning AB

OOF Group AB

The Swedish Pensions Agency

Serena Properties

Asset Buyout Partners

Euroclear Sweden AB

Aros Kapital

Qred AB

Froda AB

Zimpler AB


Strivo AB


Lunar Bank A/S

Siemens Financial Services

Work highlights

  • Advised Qred Bank AB in connection with its successful application for a banking license.
  • Advised the listed real estate company Fastighets AB Balder in connection with a SEK2bn Senior Secured facility with Danske Bank.
  • Advised the Swedish state-owned policy driven lender Swedish Export Credit (SEK) in connection with a senior secured facility provided to the listed global oat product company Oatly along several other financings including bonds and private debt facilities.

Sweden > Capital markets

Hammarskiöld’s capital markets team handles both equity and debt transactions, with a particularly strong reputation for advising domestic clients on access to primary and secondary markets, market regulations, and stock exchange issues. Carl-Johan Pousette, with experience in IPOs, public takeovers and exchange offers, heads up the team alongside corporate bonds expert Rasmus Fahlén. In 2023, Sandra Broneus left the firm for Advokatfirman Delphi.

Practice head(s):

Carl-Johan Pousette; Rasmus Fahlén


‘The team offers good knowledge.’

Key clients

Skandinaviska Enskilda Banken AB

Scania CV AB

Devyser Diagnostics AB

Fastighets AB Balder


Nordic Trustee

Vacse AB

Fabege AB

Stenvalvet AB

Crown Energy AB


W5 Solutions AB

LL Lucky Games AB

High Coast Distillery AB

Impilo AB

Work highlights

  • Advised Skandinaviska Enskilda Banken AB in connection with a directed issue of shares in eEducation Albert AB.

Sweden > Energy Tier 2

Hammarskiöld has broad combined expertise that covers transactional, regulatory and contentious energy matters. Practice head Jakob Falkman regularly advises domestic and international industrial companies, private equity funds, and banks, among other clients, on acquisitions, investments, divestments, and sales in the energy sector, particularly in relation to renewable and energy tech assets. M&A specialist Erik Fahlgren is active in the energy space and was recently involved in matters concerning investments into battery cell technology. Finance expert Rasmus Fahlén specialises in energy infrastructure financings, including wind farm and solar park financing mandates.

Practice head(s):

Jakob Falkman

Other key lawyers:


‘An experienced team that advises with integrity, friendliness and high professionalism.’

‘They adapt to the specific case as well as to the individual client.’

‘They have a strong business focus and an adaptive approach to the situation.’

‘Great engagement, personal but professional.’

Key clients

Scania CV AB

Trill Impact


Sunna Group AB

SK ecoplant Co., Ltd

Fuchs Petrolub SE

Infrakraft Sverige AB

Fu-Gen AG

SEK Swedish Export Credit Corporation

Work highlights

  • Advised Swedish truck manufacturer Scania on its participation in the approx. $600m additional equity round for financing of Swedish lithium-ion battery manufacturer Northvolt combined with negotiation and execution of multi-year, multi-billion R&D and supply agreement for battery cells to Scania.
  • Advised Swedish truck manufacturer Scania on its equity investment in the establishment of a new “green” “CO2-neutral” steel producer/supplier in Sweden, H2 Green steel.
  • Advised German bank KfW IPEX-Bank on funding for the Stöllsäterberget wind farm project.

Sweden > Commercial, corporate and M&A Tier 3

Hammarskiöld’s M&A team advises a range of domestic and foreign clients - including companies, private equity sponsors, and venture capital firms - with buy-and-build mandates being a recent area of growth for the team. Senior partner Peder Hammarskiöld boasts vast expertise in both public and private takeovers. Erik Löfwall counts several blue-chip PE funds among his client roster, while Jakob Falkman handles large and mid-cap transations for industrial clients as well as PE funds. Erik Fahlgren is well known for advising Swedish and international clients on cross-border M&A and commercial contracts matters. The four partners jointly oversee the team, within which Magnus Bohman plays a key role, focusing on seller-side mid-cap M&A deals.

Practice head(s):

Peder Hammarskiöld; Jakob Falkman; Erik Fahlgren; Erik Löfwall

Other key lawyers:

Magnus Bohman; Isabelle Vinterskog


‘Erik Lofwall is a skilled negotiator, strategic thinker and a very good communicator.’

‘Erik Lofwall is an outstanding transactions lawyer and a go-to partner for M&A, VC and private equity transactions. He has a very good position in the Swedish market and is one of the main rainmakers within the firm.’

‘Isabelle Vinterskog is relatively young, but very ahead of the game. Her professionalism and skill is that of a senior associate.’

‘Erik Löfwall and Isabelle Vinterskog are both very skilled practitioners, with a pragmatic and result-oriented approach. They are easy to work with and fun to cooperate with!’

‘Erik Fahlgren is very responsive and a top-notch Swedish lawyer with US experience. His ability to move between US and Swedish concepts, and to draw comparisons and distinctions between the two regimes, is invaluable. He is also practical – knows when to push and when (and how) to get things done.’

‘Erik Fahlgren, Peder Hammarskiold and the entire Hammarskiold team are highly skilled advocates that quickly gain their clients’ trust. They are very responsive and results oriented.’

‘A great team of great professionals dedicated to providing the highest quality legal services to clients. The team members are strategic thinkers who can anticipate potential legal issues, devise creative solutions, and adapt strategies as needed to achieve the best outcomes.’

‘Hammarskiold is unique, because they combine being an independent mid-size law firm with the highest level of skill and quality and above all with a very pleasant, friendly, professional and pragmatic approach.’

Key clients


Altor Funds

Trill Impact

Litorina Funds

Valsoft Corporation Inc


Everysport Group AB (publ)

3D Systems Inc.

ARC Group

QNTM Group

AIG Europe Ltd

Universal Music

I-YUNO Media Group



Padel Mates International



Work highlights

  • Advised Swedish PE sponsor Altor on multiple transactions including (i) the Nordic Tyres Group buy-an-build acquisitions of Däckforum 2000 AB and Däckforum I Stockholm AB (care tyre companies), (ii) multiple Swedish and cross border add-on acquisitions within the Arc Arise Consulting group (strategy within innovation, service design and digital products).
  • Advised Swedish impact PE sponsor Trill Impact on multiple transactions including the buy-an-build acquisitions of Infrakraft Sverige AB and Järvägselektrikerna I Mälardalen AB (infrastructure development and maintenance industry).
  • Advised truck manufacturer Scania on its equity investments and long term complex R&D/development and supply contracts with (i) Northvolt AB (giga-factory for high voltage batteries), and (ii) H2 Green Steel AB (“green” “CO2-neutral” steel producer).

Sweden > Dispute resolution Tier 3

Hammarskiöld’s dispute resolution practice has represented major domestic and international clients, including government agencies and energy, insurance, and telecoms companies. The team also works closely with leading firms in other jurisdictions, including the UK and the US, to act in complex international disputes. With varied experience which spans commercial, insurance and professional liability cases, Sandra Kaznova leads the team alongside Andreas Johard, who has recently been involved in oil and gas, investment treaty, and infrastructure project disputes.

Practice head(s):

Sandra Kaznova; Andreas Johard

Other key lawyers:

Per Sundin; Sofia Falkner; Marika Jaaniste; Adam Runestam


‘A very solid firm with a strong background and track record of assisting significant clients with their needs in Sweden.’

‘Andreas Johard, Sofia Falkner and Marika Jaaniste are supportive and highly skilled within their practice area. They are easy to work with and instill confidence in clients.’

‘Per Sundin has an excellent understanding of the interaction between civil and criminal law and is driven to achieve solutions for his clients which are creative but also grounded in good logical argument where technical legal precedent is lacking. Adam Runestam is an excellent lawyer who has very good communication skills.’

‘Andreas Johard is extremely smart, to the point, no-nonsense, and quick to think on his feet.’

‘Both partners and associates are very competent and committed. They have an ability to understand complex material and explain in an educational way. They keep to the schedule and deliver as promised. Sandra Kaznova and Andreas Johard stand out.’

‘The team provides good and valuable guidance. They are available and have a will to perform to high standards.’

‘Hammarskiold’s litigation team has strength and depth, with particular skill in providing clear communication.’

‘The team at Hammarskiöld is very proactive and delivers customised fact-based advice.’

Key clients


Svenska Spel





SNA Europe

Allente AB

Actic Group AB

Work highlights

  • Representing PwC in a professional liability claim.
  • Representing a large oil and gas investor in CIS countries against a State-owned gas company.
  • Representing Scania in a cartel case as well as in several other disputes.

Sweden > EU and competition Tier 3

Hammarskiöld advises clients in a range of sectors - including tech and insurance - on various competition-related matters, including in high-profile cartel investigations heard before the European Commission. Practice head Claes Langenius has over 25 years’ experience advising domestic and international companies on competition matters as well as representing clients before Swedish and European authorities. Sofia Falkner, who was promoted to partner in January 2023, specialises in cartel and abuse of dominance cases.

Practice head(s):

Claes Langenius

Other key lawyers:


‘Sofia Falkner is great!’

‘Sofia Falkner is commercial, quick to understand issues and is always a pleasure to collaborate with.’

‘A really professional team that collaborates well.’

‘A team of talented lawyers who can give practical advice, keeping business realities in mind.’

‘They have a good understanding of the business and give practical advice.’

Key clients


Private Equity Fund 1

Trusted Connectivity Alliance


LBC Borås AB

Work highlights

  • Representing Scania in all stages of the so-called Trucks case, from the on-site inspections by the Commission to the appeal of the General Court judgment in the European Court of Justice.
  • Representing one of the parties in a large ongoing cartel investigation by the Swedish Competition Authority.
  • Regularly conducting multi-jurisdictional merger filing assessments for a large Swedish Private Equity fund.

Sweden > Fintech Tier 3

Hammarskiöld’s fintech team regularly advises start-ups operating in the space, with particular strength in handling regulatory matters as well as licence applications made to the Swedish Financial Supervisory Authority. Mattias Anjou leads the practice, in which financial regulatory specialists Emma Lindwall and Johan Löfquist play key roles.

Practice head(s):

Mattias Anjou

Other key lawyers:

Key clients

Hypoteket Bolån Sverige AB

Froda AB

Qred Bank AB

Zimpler AB

Work highlights

  • Advised Qred Bank AB in relation to its successful application to the Swedish Financial Supervisory Authority to become a licensed bank (i.e. a credit institution).

Sweden > Healthcare and life sciences Tier 3

The ‘outstandingMalin von Heideken leads the team at Hammarskiöld, which handles a vast range of issues for its varied client base of generics manufacturers, parallel traders and pharma companies. The practice is well versed in non-contentious matters, including the drafting and negotiation of license and R&D agreements. Von Heideken is noted for her broad experience in representing clients before the Swedish administrative courts in commercial cases against government agencies. Sofia Falkner has a great deal of regulatory expertise, with her primary areas of focus being the pharma and medtech sectors. Falkner also has deep knowledge of Swedish and EU competition law, advising on a number of cartel investigations and the management of internal investigations.

Practice head(s):

Malin von Heideken

Other key lawyers:


‘Highly professional, flexible and able to work on a risk-based basis. Not wasting resources while providing excellent advice.’

‘Very knowledgeable within life sciences and related legal matters, high availability and short turnaround times.’

‘Malin von Heideken is an outstanding partner to work with. Very professional in all aspects and high level of availability.’

‘Malin von Heideken is a great leader and a brilliant communicator with good common sense and analytical skills.’

Key clients



Asker Group (OneMed)





EpiEndo Pharmaceuticals


Althea Group

Thermo Fisher Scientific


Work highlights

  • Advised Sigrid on its clinical programme on SiPore, including legal aspects in relation to clinical studies. Also negotiated clinical study agreements, clinical research organisation agreements, and related services agreements.
  • Acted for Orifarm in two Administrative Court cases against the Swedish Medical Products Agency. The team is currently advising Orifarm in relation to one of these cases, which has been appealed to the Supreme Administrative Court.
  • Advised Cellcolabs on regulatory issues in relation to marketing and clinical trials. The team has also advised Cellcolabs on the negotiation of a major license agreement.

Sweden > Insurance Tier 3

Hammarskiöld’s broad insurance and reinsurance practice handles transactional, regulatory and contentious matters. The team is particularly strong in W&I insurance cases, advising leading international insurance companies. Sandra Kaznova, who regularly acts as coverage counsel to major insurers, leads the department alongside M&A and capital markets expert Peder Hammarskiöld, who has notable experience in the insurance sector.

Practice head(s):

Sandra Kaznova; Peder Hammarskiöld


‘A very strong insurance M&A team who are efficient, practical and easy to work with.’

‘A team of very bright lawyers who are excellent at cutting through complex legal issues.’

‘Great practical lawyers to work with.’

‘This is a great team.’

Key clients



Trygg Hansa

The Swedish Pensions Agency

Hannover Re., HDI Global SE

AIG Europe Limited

Liberty Global Transaction Solutions

Söderberg & Partners

Sweden > Employment Tier 4

Hammarskiöld’s employment team regularly assists blue-chip domestic and international companies with a range of matters, with particular strength in TUPE and whistleblowing cases and the employment aspects of reorganisations. Practice head Erik Löfwall handles employment-related issues in acquisitions as well as dismissals, trade union negotiations, and incentive schemes.

Practice head(s):

Erik Löfwall


‘The team gives a good overall impression.’

Key clients

Citibank Europe PLC (Sweden branch)

Pearson Group PLC

Oriflame Cosmetics

Litorina Private Equity (with portfolio companies)


ARC Arise Consulting Group

Akamai Technologies

Konica Minolta

Lunar Group

Altor Private Equity (incl. portfolio companies)

3D Systems Corp.

Telness Group

Deutsche Leasing

Aspire Software / Valsoft Corp.

Froda AB

Zimpler AB

Work highlights

  • Assisting Citibank Europe’s Swedish branch with a variety of complex employment law matters, including negotiations with trade unions and employees’ legal counsel, and drafting and negotiating exit agreements.
  • Assisting Oriflame Cosmetics, a global producer and brand within cosmetics, with various different employment law-related matters, including exit agreements with management level employees, trade union consultations, and transfers of employment between subsidiaries.
  • Assisting ARC Arise Consulting Group with a broad range of employment-related matters in connection with eight M&A transactions.

Firm overview: Hammarskiöld is a leading Swedish Business law firm, established in 1998 with a substantial international practice. The firm regularly represents clients in connection with large international transactions, including banking and finance, M&A and debt and equity capital markets transactions. The firm also specialises in competition law, financial regulatory, arbitration and litigation proceedings and media and telecoms law. Hammarskiöld is known for handling high profile and complex matters including investigations and compliance matters and is a trusted legal advisor known for quality, competence and industry knowledge. As an independent firm, Hammarskiöld regularly works in international assignments together with top-ranked foreign and international law firms.

International work: Hammarskiöld is providing domestic and cross-border legal advice, frequently liaising with top-tier law firms in England, United States, the Nordics and Germany (among several other countries). The firm provides seamless representation to clients throughout the world. Being an independent firm, the firm can work with the foreign counsel of the client’s choice or choose the best lawyer or law firm suitable for the particular assignment. A very large part of the firm’s total assignments origins from international work or foreign clients. The firm acts as legal advisor on behalf of Swedish and foreign corporations, entities, organisations, funds, banks and acts as counsel to foreign law firms in all areas of practice in Sweden. Although the core of the firm’s practice focuses on Swedish law, the firm also has substantial expertise in advising on or handling the international implications of business law issues.

Practice areas
Banking and finance
Compliance and investigations
Capital markets
Dispute resolution
EU and competition law
Energy and public utilities
Employment law
General corporate practice
Healthcare and life sciences
Insurance and reinsurance
IT, technology and data privacy
Intellectual property
Marketing law
Mergers and acquisitions
Public procurement
Public affairs

Managing partner: Mattias Anjou
Number of partners worldwide: 15
Number of other lawyers worldwide: 21
Languages: Swedish, English, French, German, Punjabi, Urdu

Department Name Email Telephone
M&A Peder Hammarskiöld
M&A Magnus Bohman
M&A Lars Ulrichs
M&A Erik Fahlgren
M&A Carl-Johan Pousette
M&A Erik Löfwall
Banking and finance Peder Hammarskiöld
Banking and finance Per Sundin
Banking and finance Erik Fahlgren
Banking and finance Rasmus Fahlen
Banking and finance Mattias Anjou
Dispute resolution/litigation and arbitration Andreas Johard
Dispute resolution/litigation and arbitration Peder Hammarskiöld
Dispute resolution/litigation and arbitration Per Sundin
Dispute resolution/litigation and arbitration Lars Ulrichs
Dispute resolution/litigation and arbitration Sandra Kaznova
Intellectual property and technology, media and telecoms Claes Langenius
EU and competition Sofia Falkner
EU and competition Claes Langenius
EU and competition Malin Albert
Compliance and investigation Peder Hammarskiöld
Compliance and investigation Claes Langenius
Compliance and investigation Lars Ulrichs
Compliance and investigation Jakob Falkman
Compliance and investigation Mattias Anjou
Compliance and investigation Erik Fahlgren
Compliance and investigation Sandra Kaznova
Compliance and investigation Erik Löfwall
Compliance and investigation Carl-Johan Pousette
Employment Sandra Kaznova
Employment Erik Löfwall
Insurance and reinsurance Peder Hammarskiöld
Insurance and reinsurance Per Sundin
Insurance and reinsurance Lars Ulrichs
Insurance and reinsurance Jakob Falkman
Insurance and reinsurance Mattias Anjou
Insurance and reinsurance Erik Fahlgren
Insurance and reinsurance Erik Löfwall
Capital markets Carl-Johan Pousette
Capital markets Peder Hammarskiöld
Capital markets Erik Fahlgren
Capital markets Mattias Anjou
Healthcare & Life Sciences Malin Albert
Capital markets Erik Löfwall
Photo Name Position Profile
Mattias Anjou photo Mr Mattias Anjou Mattias Anjou is Managing Partner and the head of Hammarskiöld´s Banking &…
Magnus Bohman photo Mr Magnus Bohman General Corporate Practice Mergers and Acquisitions
Erik Fahlgren photo Mr Erik Fahlgren Main areas of work are mergers and acquisition, capital markets, banking and…
Jakob Falkman photo Mr Jakob Falkman Mr Falkman specialises in mergers and acquisitions, energy and public utilities law…
Sofia Falkner photo Mrs Sofia Falkner Partner
Peder Hammarskiöld photo Mr Peder Hammarskiöld Peder Hammarskiöld specialises in Mergers and Acquisitions, Capital Markets, Dispute Resolution and…
Sandra Kaznova photo Mrs Sandra Kaznova Main areas of work are arbitration and litigation, corporate and commercial law,…
Claes Langenius photo Mr Claes Langenius Specialising in competition law matters (cartel and abuse of dominance cases and…
Erik Löfwall photo Mr Erik Löfwall Main areas of work are Mergers and Acuisition, Capital Markets, Employment Law…
Carl-Johan Pousette photo Mr Carl-Johan Pousette Carl-Johan Pousette is Chair of Hammarskiöld’s Capital Markets practice area.
Per Sundin photo Mr Per Sundin Mr Sundin specialises in litigation and arbitration and is active in both…
Lars Ulrichs photo Mr Lars Ulrichs Specialises in M&A and dispute resolution. He advises Swedish and international companies…
Malin von Heideken photo Ms Malin von Heideken Partner
Number of lawyers : 30
Managing partner : Mattias Anjou

The work environment at Hammarskiöld & Co is shaped by the fundamental view that all people have equal value. Hammarskiöld & Co hires lawyers and administrative staff with the best qualifications, with no regard to gender, ethnic origin, age, religion, functional disability or sexual orientation. We strive to match our clients in terms of diversity in order to make sure that we are perceived as a diverse employer by our clients. Diversity is important in order for Hammarskiöld & Co to be considered as an attractive workplace where people feel welcome, comfortable and are able to develop. Finally and perhaps most importantly, a diverse group of people will create better results for our clients.