Sustainable success stories
Sustainable success stories
We are a trusted legal advisor in mergers and acquisitions, disputes and other specialised fields of business law. Our mission is to help our clients build sustainable success stories.
Latest references
GEA – Cornerstone investment in Solar Foods’ share issue
We acted as legal adviser to GEA Group AG in a directed share issue carried out by Solar Foods Oyj, in which GEA Finland Oy, a wholly owned subsidiary of GEA Group AG, acted as a cornerstone investor with an equity investment of EUR 8 million. Solar Foods raised a total of approximately EUR 25 million in gross proceeds from the share issue to accelerate the implementation of its new production facility Factory 02. In connection with the share issue, GEA Liquid Technologies GmbH and Solar Foods signed an exclusivity agreement under which Solar Foods appoints GEA Liquid Technologies as its exclusive process equipment vendor for the supply, design, construction and delivery of the process equipment for the Factory 02. Additionally, the parties have undertaken to negotiate terms and conditions of a long-term strategic partnership in the area of gas fermentation and related technologies. GEA is one of the world’s largest systems suppliers for the food, beverage and pharmaceutical sectors. GEA’s portfolio includes machinery and plants as well as advanced process technology, components and comprehensive services. GEA is listed in the DAX and the STOXX® Europe 600 Index and is also among the companies comprising the DAX 50 ESG and MSCI Global Sustainability Indices. Solar Foods produces Solein®, a protein created using carbon dioxide and electricity. This innovative production method is independent of weather and climate conditions, eliminating the need for traditional agriculture. Founded in Finland in 2017, Solar Foods is listed on the Nasdaq First North Growth Market Finland.
Case published 26.1.2026
LähiTapiola and OP Henkivakuutus – Successful representation of insurance companies in Supreme Administrative Court health data processing cases
We successfully represented insurance companies LähiTapiola and OP Henkivakuutus in two cases concerning an important point of principle: the right of insurance companies to process health data as part of the insurance application process. The Supreme Administrative Court handed down twin decisions ( one published as precedent ) addressing the matter in light of contrary DPA decisions. Under the Finnish Data Protection Act, insurance companies may, to simplify, process health data concerning “insured persons” (vakuutettu, försäkrad) to determine liability under the insurance. This rule constitutes an exception to Article 9 GDPR. At issue was whether the term “insured person” also covers people in the process of obtaining insurance coverage or only people who are already covered. In more practical terms: can an insurance company rely on the rule when considering whether/how to grant the insurance in the first place? The SAC answered in the affirmative and thus upheld the traditional industry approach over the DPA’s contrary view. The SAC noted that the Data Protection Act did not define the term “insured person” and thus looked at insurance legislation for guidance. As argued by the insurance companies, that legislation also uses the term in the context of describing the insured person’s pre-contractual informational obligations. Thus, and in view of the underlying purpose of the rule at issue, the SAC found that an “insured person” could be someone in the process of obtaining coverage, not just a person already covered. The outcome clarifies the scope of the local rule at the insurance application stage for the Finnish insurance industry.
Case published 22.1.2026
Taaleri – AI workshop
Castrén & Snellman organised a practical AI workshop for Taaleri’s lawyers, combining the basic principles of AI thinking with practical applications in a legal environment. The training utilised use cases that were designed in collaboration based on Taaleri’s own materials. Participants found the use cases particularly useful and noted that what they had learnt was readily applicable to their daily work. The training was delivered by Castrén & Snellman’s legal technology experts with a legal background, and participants praised their strong expertise in both legal technology and its application in a legal environment. ‘Our team gained valuable insights into leveraging AI, which will continue to support our organisation’s AI journey,’ says Irina Bergström, Development Manager at Taaleri.
Case published 19.1.2026
Puhdistamo – PK Consumer Health invests in Puhdistamo
We advised the shareholders in Puhdistamo – Real Foods Oy in the sale of all shares in Puhdistamo to PK Consumer Health. Puhdistamo is a leading Nordic wellbeing company, best known for its high-quality supplements, sports nutrition products and, functional beverages. Puhdistamo employs 120 employees in Finland and Sweden. PK Consumer Health is owned by Avista Healthcare Partners and Damier Group. The sellers will make a reinvestment into PK Consumer Health as part of the transaction. Completion is subject to customary closing conditions.
Case published 15.1.2026
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Decades of supporting our clients’ success have enabled us to grow into a leading law firm of 300 people. We are the forerunners of demanding legal services in mergers and acquisitions, dispute resolution and the full scope of business law. We are based in Helsinki, Finland.
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Sustainability is a goal that we share with our clients. We help our clients succeed in the rapidly changing regulatory framework of ESG and integrate our sustainability knowhow across our full-service offering.
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