14.11.2018

Benjamin Bade, Antti Kaakkola and Matti Lajunen Appointed Partners at Castrén & Snellman

Partners Benjamin Bade, Antti Kaakkola and Matti Lajunen

Castrén & Snellman has appointed M&A lawyer Benjamin Bade and real estate transaction lawyers Antti Kaakkola and Matti Lajunen as partners as of 1 February 2019. These appointments reinforce the firm’s respected and strongly growing Mergers & Acquisitions and Real Estate Investments & Transactions services.

Castrén & Snellman Advises in Finland’s Largest Real Estate Projects

The Finnish real estate market has been very active over the past few years, and the relative number of international investors has seen a significant increase on this market. Extensive development projects have also shaped the market and brought with them new real estate investment models. These needs have been successfully met by Castrén & Snellman’s Real Estate Investments & Transactions service, which is run by Antti Kaakkola and Matti Lajunen.

Antti Kaakkola and Matti Lajunen both have years of experience of a wide variety of real estate transactions and development projects as well as of negotiating the related agreements and other documentation. They have advised clients in Finland’s largest real estate projects and regularly assist numerous international and domestic institutional investors and funds as well as real estate developers and other market operators.

‘Antti has very extensive experience and expertise in major real estate development projects and joint venture real estate arrangements. Matti has worked both as an attorney and as in-house counsel in a listed construction sector company. Matti is respected as a strong strategic partner with a multifaceted perspective. I am highly optimistic about the future of our Real Estate Investments & Transactions service. We have now appointed two very talented and determined “home grown” lawyers as partners to build the practice and the future of Castrén & Snellman’, Managing Partner Sakari Lukinmaa says.

Antti Kaakkola’s recent work highlights include the Pasila Mall of Tripla and Tampere Central Deck and Arena projects, divestments of extensive residential portfolios owned by OP Financial Group funds and numerous real estate arrangements of funds managed by eQ.

Matti Lajunen’s most recent major projects have included the Turku Rail Yard development project, the sale of a care property portfolio managed by Titanium Fund Management Company, the acquisition of retail centres in Laajasalo and Suurpelto, the sale of the landmark Seurahuone property and the sale and lease back arrangements of DSV’s logistics property and Marimekko Corporation’s headquarters.

In addition to Castrén & Snellman, Antti Kaakkola and Matti Lajunen have both worked in top-tier German law firms: Antti at CMS Hasche Sigle and Matti at Hengeler Mueller.

Proven Track Record of Cross-Border M&A Expertise

Castrén & Snellman has a solid position on the Finnish transactions market: the IFLR1000 Finance and Corporate survey recently ranked the firm’s M&A service in the top tier. Last year, Mergermarket chose the firm as Finnish M&A firm of the year. This year, the team is number one in deal count on the Finnish market.

The transactions handled by the firm are first and foremost international projects, which call for both strong international experience and proven project management expertise. Newly appointed partner Benjamin Bade is a perfect fit.

‘Benjamin has international experience, excellent project management skills and a strong track record of coordinating and implementing complex multi-jurisdictional transactions. He understands the expectations of our clients and knows how to achieve the added value and efficiency that these clients expect both in Finland and in a multi-jurisdictional context. Benjamin manages complex projects in a clear and straightforward manner. This appointment ensures that our M&A practice will maintain its strong position at the forefront the Finnish market’, Sakari Lukinmaa says.

This year, Benjamin has been responsible for advising in the combination of AVARN Security and Prevent 360, the sale of Fluido and Finnish counsel to Telia Company in its acquisition of Bonnier Broadcasting.

Latest references

We advised Suominen Corporation in connection with its rights issue. The offering was oversubscribed, and the company raised gross proceeds of approximately EUR 28 million. We also advised Suominen in connection with the renegotiation of the terms of the company’s three-year EUR 100 million syndicated credit facility, under which the maturity was extended and headroom was added to the financial covenants. “I would like to thank our shareholders for their support and confidence in Suominen’s future. The completion of the Offering will enable us to accelerate the implementation of our Full Potential Program while strengthening our capital structure. Our transformation particularly focuses on enhancing the reliability and efficiency of our production and supply, and on reinforcing our commercial capabilities, allowing us to better meet the expectations of our customers and shareholders”, comments Charles Héaulmé, President and CEO of Suominen. Suominen is a nonwovens manufacturer operating in global markets. Suominen creates value by taking fiber raw materials and turning them into nonwovens that the company’s customers convert into both consumer and professional end products. Suominen’s vision is to be the frontrunner for nonwovens innovation and sustainability. Suominen’s net sales in 2025 were EUR 412.4 million and the company has almost 700 professionals working in Europe and in the Americas. Suominen’s shares are listed on Nasdaq Helsinki.
Case published 6.7.2026
We acted as joint legal advisor for Nordea Bank Abp and Avain Yhtiöt in an approximately EUR 48 million financing arrangement which included facilities for refinancing of an existing real estate portfolio and also for acquisition and property development purposes. The financing arrangement strengthens Avain Yhtiöt’s objective to build and maintain a functional, safe and environmentally friendly living environment, as well as to develop the overall quality of housing and construction. Avain Yhtiöt is a Finnish group specialising in housing and housing-related services, construction contracting and new construction. Its goal is to build 1,000 new apartments per year in key growth areas in Finland.
Case published 2.7.2026
We advised the shareholders of Suomen Autohuolto Oy in connection with the sale of the company’s entire share capital, to SAKA Finland Group Oy. Suomen Autohuolto Group is one of Finland’s largest companies specializing in brand-specific automotive maintenance and has locations in Oulu, Tampere, and from July, also in Järvenpää. The transaction is subject to final approval by the Finnish Competition and Consumer Authority (KKV).
Case published 26.6.2026
AI training
We delivered two tailor-made AI workshops for the lawyers at the Natural Resources Institute Finland (Luke). We discussed the AI revolution and its impact on lawyers’ ways of thinking and working, and left the participants with practical solutions for enhancing and streamlining their work with Legora. Our AI-specialist lawyers prepared use cases tailored to Luke and the needs of public administration, which Luke received for its own use following the workshops. These use cases covered topics such as: utilising legal sources and the organisation’s own data to maximise AI results building and leveraging AI workflows AI-enhanced contract drafting based on a large volume of documents. The workshops sparked wide-ranging discussion on the role and benefits of AI in legal work. Participants appreciated how clearly and comprehensively our experts were able to present the nature and benefits of AI specifically within a legal context. ‘The workshops provided excellent support for Luke’s goal of leveraging AI responsibly and gave us concrete and ready-to-use practical takeaways,’ says Hannu Laitinen, Luke’s Senior Vice President, Administrative Affairs.
Case published 26.6.2026