Mergermarket: Castrén & Snellman Number One in 2018 League Tables Based on Deal Volume
Mergermarket ranked Castrén & Snellman first in terms of deal count among Finnish law firms in 2018. We advised clients in 27 completed arrangements with a value exceeding USD 5 million. In terms of deal count in Finland, 2018 was the busiest in Mergermarket's history.
The highlights of 2018 included, for example, the merger of Vapo’s Grow&Care Division and Dutch BVB Substrates, the combination of AVARN Security and Prevent 360 and the acquisition of Royal Ravintolat by NoHo Partners (formerly Restamax).
‘The majority of our deals in 2018 were cross-border transactions involving multiple jurisdictions, such as the sale of Fluido to global technology giant Infosys. Our team has an outstanding track record of successfully handling lead mandates in complex cross-border transactions. We have a wide network of global partners, which means that we can offer our clients a one-stop-shop service in their most demanding international transactions’, said partner-elect Benjamin Bade.
‘There was a relatively large number of sales processes in 2018 due to companies’ financing needs and changing strategies. We believe that this trend will continue this year. Arrangements in which new businesses are combined are also clearly on the rise. We expect such vertical integrations to continue, for example, in the life science, health, technology and finance sectors’, said Partner Carola Lindholm from Castrén & Snellman’s M&A team.
Mergermarket is an independent mergers and acquisitions intelligence and data provider. Mergermarket chose Castrén & Snellman as the M&A Legal Adviser of the Year 2017 in Finland.