7.7.2023

It takes courage and determination to make a change

The Finnish summer is showing its best and there is an air of cautious anticipation. The war in Ukraine continues for the second year, market development is difficult to foresee and the rising interest rates hit both companies and households hard. On a brighter side, the energy transition is carrying Europe towards an emission-free era, bringing along new growth opportunities or those ready to seize the opportunity. The Finnish political field also shows clear signs of purposeful changes to a more business-friendly direction and the beginning of a new era.

The only constant in life is change, and amid all the changes, we need to focus on the things we can control. Right now, we can control how we adapt to the changing world. We will need courage and determination to help us forward even through difficult times. Despite hardships, now it’s the time to sow the seeds for future growth and focus on green transition investments and support them on all levels of decision-making as well as promote green innovations. There is good reason to believe that the energy transition will create enormous opportunities and can help turn this decade into a decade of growth in Finland.

We at Castrén & Snellman have also drawn from our courage and determination. This summer, we celebrate our 135-year-long journey that we have travelled through the changing society in an independent Finland, enabling the success our clients. The trust shown by our clients has turned the small boutique firm established by two men into an international forerunner of business law, employing more than 300 experts. We want to hold on to our standard of exceeding expectations at all times.

As a forerunner, we embrace our responsibility at the dawn of a new era. Finland is a pioneer in the energy transition, and Castrén & Snellman is advising in the most important renewable energy projects in Finland. I believe that the prelude of yet another success story has been played and that it is up to us to decide how the story continues.

Our warmest thanks to our clients, stakeholders and employees! We wish you a happy summer!

Latest references

We advised G&W Electric with its acquisition of Safegrid Oy, a leading provider of intelligent grid monitoring solutions based in Finland. The acquisition accelerates G&W Electric’s long-term strategy to integrate intelligent monitoring and predictive analytics into its power distribution portfolio, strengthening its offering to utility customers worldwide. Founded in 1905 and headquartered in Bolingbrook, Illinois, G&W Electric is a global leader in innovative power grid solutions, with a presence in over 100 countries. The company is known for advanced load and fault interrupting switches, reclosers, sensors, system protection equipment, power grid automation, intelligent grid monitoring, and transmission and distribution cable accessories. Safegrid is a Finnish technology company headquartered in Espoo, Finland. The company develops the Intelligent Grid System®, a grid monitoring solution that combines instant-on wireless sensors with advanced analytics to deliver real-time insight into grid conditions, enabling utilities to identify emerging issues, anticipate failures, and reduce outage duration across medium and high voltage distribution and transmission networks.
Case published 8.5.2026
We advised Kiwa in its acquisition of Sertio Oy, a Finnish notified body designated by the authority in accordance with the EU Regulation on in vitro diagnostic medical devices (IVDR). Sertio provides conformity assessment services in accordance with IVDR. Kiwa is one of the world’s leading testing, inspection, and certification companies, operating in over 35 countries. 
Case published 7.5.2026
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.
Case published 6.5.2026
We acted as Finnish counsel to Scanreco in its acquisition of CrossControl. Mannheimer Swartling (Sweden) acted as lead counsel for Scanreco. CrossControl, founded in Sweden, is a high-tech supplier of advanced display computers and central vehicle computing solutions for industrial vehicles and machines. Scanreco is a world leading supplier of professional radio remote control systems to international machinery, heavy equipment, and crane manufacturers. The combined group comprises approximately 600 employees and generates annual revenue of around SEK 1.4 billion.
Case published 5.5.2026