Competition Damages(en) Archives - Castrén & Snellman

Stora Enso – Supreme Court Dismissed Metsähallitus’ Application for Leave to Appeal in the Roundwood Case

We offer full-scale legal advice in competition damages matters.

Competition law infringements often lead to damages claims with intricate economic issues in determining what the competitive market outcome would have been.

We have represented clients in the most ground-breaking damages litigation processes in Finland. Your case will be in good hands thanks to our specialists’ exceptional experience in handling complex cases, assuring the best possible outcome.

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Metsäkonepalvelu – Acquisition of Junnonen Forest and the business operations of Lamerit

We advised Metsäkonepalvelu Oy in its acquisition of the entire share capital of Junnonen Forest Oy, a Finnish timber harvesting services company, and the timber harvesting services business of Lamerit Oy. The acquisition supports Metsäkonepalvelu’s growth strategy and strengthens the company’s position, particularly in southeastern Finland. Metsäkonepalvelu is a portfolio company of A. Ahlström Oy, a Finnish family-owned industrial owner. The company provides mechanical timber harvesting services to forest companies, large private forest owners, and the public sector in Finland and Sweden. Metsäkonepalvelu Group employs nearly two hundred forestry professionals.

Metsäkonepalvelu – Acquisition of PJP Metsäexpertit

We advised Metsäkonepalvelu Oy in its acquisition of the entire share capital of PJP Metsäexpertit Oy. PJP Metsäexpertit is a Pirkanmaa-based company specialising in forest management and logging. The acquisition will strengthen Metsäkonepalvelu’s operations, particularly in the Pirkanmaa region, and expand its operations. Metsäkonepalvelu is a portfolio company of A. Ahlström Oy, a Finnish family-owned industrial owner. Metsäkonepalvelu provides mechanical timber harvesting services to forest companies, large private forest owners, and the public sector in Finland and Sweden. Metsäkonepalvelu Group employs nearly two hundred forestry professionals.

Metsä Board – EUR 200 million green notes

We advised Metsä Board Corporation on the issuance of senior unsecured green notes of EUR 200 million. The maturity of the notes is six years, and they mature on 28 May 2031. The notes carry fixed annual interest of 3.875 per cent., and the issue price of the notes is 99.570 per cent. The notes were allocated to both Finnish and foreign investors. ‘We are delighted with the trust and interest shown by investors in Metsä Board’s first green bond. This arrangement extends the maturity of our financing and supports our strategy to grow in fibre-based packaging materials and renew our industrial operations. It also contributes to the achievement of our ambitious sustainability targets for 2030’, comments Henri Sederholm, CFO of Metsä Board. Danske Bank A/S and Skandinaviska Enskilda Banken AB (publ) acted as joint lead managers for the issue of the Notes.

KoBold Metals – Earn-In Agreement with Aurion Resources

We advised KoBold Metals on the Finnish legal and tax aspects related to its earn-in agreement with Aurion Resources. Under the agreement, KoBold (through its wholly owned subsidiary KoBold Exploration Finland Oy) can earn an undivided 75% interest in commodities discovered (other than any discoveries that are predominantly gold or silver), by incurring USD 12 million in exploration expenditures on or before the fifth anniversary of the date of signing the agreement. The exploration area covers approximately 35 km2 in Aurion’s 100% owned 160 km2 Risti Property in Sodankylä, Finland Following satisfaction by KoBold of the earn-in requirements, a joint venture will be established with KoBold owning 75% and Aurion 25%. KoBold Metals Company is a US-based exploration and mining company, supported by high profile investors such as Breakthrough Energy Ventures, Andreessen Horowitz, and Equinor. It combines expertise in geosciences with artificial intelligence, machine learning, and data science to improve and accelerate the exploration process in search of the critical minerals necessary for the global energy transition.

Latest insights

8.5.2026 – Environment, Energy & Green Transition Reform of Finland’s land use legislation – key takeaways for project developers

Tarja Pirinen

Marius af Schultén

Joel Aartolahti

Tarja Pirinen, Marius af Schultén & Joel Aartolahti

13.5.2026 – Venture Capital & Minority Investments Newly launched Series Seed 4.0 is a comprehensive standard seed financing documentation for the Finnish market

Jarno Tanhuanpää

Tuomas Honkinen

Jussi Mäkikangas

Jarno Tanhuanpää, Tuomas Honkinen & Jussi Mäkikangas

28.4.2026 – Private M&A Unlocking value in carve-outs – Why integration planning deserves top priority in every carve-out

Benjamin Bade

Maiju Mäkinen

Samuli Salminen

Benjamin Bade, Maiju Mäkinen & Samuli Salminen

30.3.2026 – Competition & Procurement Finnish FDI screening under reform — Update following the stakeholder consultation

Kiti Karvinen

Johanna Kyllöinen

Joachim Wik

Kiti Karvinen, Johanna Kyllöinen & Joachim Wik

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