5.5.2022

Carola Lindholm Elected as Chair of the Board of Directors of Castrén & Snellman

Partner Carola Lindholm, co-head of our Mergers & Acquisitions service, has been elected as the new Chair of Castrén & Snellman’s Board of Directors. Carola succeeds Pauliina Tenhunen, who leaves the position on her own initiative and will focus her attention on heading the Corporate Governance and Restructuring & Insolvency services. Pauliina has held a leadership position in our firm for over ten years, first for six years as Managing Partner and another five years as Chair of the Board.

Carola Lindholm has been a member of the Board since 2017. She will be Castrén & Snellman’s third con-secutive female Chair of the Board—before Pauliina Tenhunen, the Board was helmed by Merja Kivelä.

‘My warmest congratulations to Carola on her new position. Our company has grown by well over a third over the last two years, and we have taken over the leading position of a new era in the market. Under the leadership of Carola and her colleagues, we have become our clients’ strategic adviser in some of Finland’s most significant transactions. Our Board will gain an energetic and inspiring leader in Carola, and she will guide our firm to be in a position to help our clients face the challenges the future brings’, says Pauliina Tenhunen.

‘I accept the position as Chair of the Board of Directors with excitement, and I am honoured to succeed Pauliina’, says Carola Lindholm. ‘The operating environment of companies is seeing major changes, and our clients are faced with increasingly high demands. There has never been more demand for the services our firm provides, and we will do everything in our power to offer to our clients the best support in the market. My important task is to amplify our firm’s unique culture of working together and caring as well as the cooperation with our clients.’

In Castrén & Snellman’s annual general meeting, Jarno Tanhuanpää was elected as a new member of the Board of Directors. Anders Forss, Sakari Salonen, Tero Tuomisto and Outi Tähtinen continue as members of the Board. Anders Forss, Sakari Salonen and Jarno Tanhuanpää are also members of the firm’s Management Group. Sakari Lukinmaa continues as the Managing Partner of Castrén & Snellman.

According to the financial statements adopted by the annual general meeting of 20 April 2022, the firm’s turnover for the 1 February 2021–31 January 2022 financial period was EUR 66.2 million. Compared to the previous financial period, the turnover grew by 27%. In 2021, Castrén & Snellman became the largest law firm in Finland in terms of lawyers based in the country.

Latest references

We advised Efima Oyj on the sale of its AI business to Better Care Technologies Oy. The transaction included Efima’s Moiva AI platform developed for the care sector, the related technology and brand, customer contracts, and the experts working in the business. Efima is a Finnish digital company that supports the sustainable growth of large and mid-sized companies by streamlining their business processes and by creating competitive advantage through the innovative use of artificial intelligence and data. The company has nearly 200 experts based in Helsinki and Tampere. 
Case published 21.9.2026
We advised Neoen Renewables Finland Oy, part of the French Neoen Group, in its sale of a data centre project to a consortium consisting of international data centre developers and operators. This marked Neoen’s first data centre development project in Finland. Founded in 2008, Neoen is one of the world’s leading independent renewable energy producers. The company operates in 15 countries. It develops, finances, builds, owns, and operates solar power plants, wind farms, and battery storage systems. Neoen Group is owned by global alternative asset manager Brookfield Corporation.
Case published 17.9.2026
We advised Jolt Capital and Tesi in connection with their investment in VEV, a leading provider of commercial fleet electrification solutions. The investment, led by Jolt Capital with Tesi as co-investor, will support VEV’s next phase of growth and expansion across Europe. As part of the transaction, VEV became an independent company following the acquisition of Vitol’s stake in the business. Founded by Vitol, VEV provides integrated fleet electrification solutions combining fleet strategy, charging infrastructure, energy supply and operational services. Through its VEV IQ platform, the company supports more than 6,000 commercial electric vehicles across Europe and has been deployed across more than 600 sites spanning the transport, logistics and waste sectors. Jolt Capital is a private equity firm focused on growth investments in European deeptech companies. Tesi is a Finnish state-owned investment company that promotes Finnish business and economic growth through investments. We advised Jolt Capital and Tesi on the equity financing and structuring aspects of the transaction. International law firm Goodwin advised the investors on the acquisition of VEV.
Case published 10.9.2026
VR-Group Plc is a transport and logistics group owned by the Finnish State, operating passenger and freight rail transport in Finland with activities also in the Swedish market. VR Group provides passenger, logistics and maintenance services with over 160 years’ experience in developing responsible transport of the future. We advise VR Group in intellectual property matters as part of the company’s wider brand protection efforts. Our assignments have included advice on copyright, design rights and trademarks, focusing on the protection of the company’s visual identity – including its distinctive green colour – in connection with transport services as part of a comprehensive IP protection strategy. VR Group’s consistent brand building has also received recognition, including the Finland Chamber of Commerce’s Brand of the Year award in 2026. In the competition, brands were viewed comprehensively from various perspectives, including their story, strategic role, brand renewal ability and intellectual property protection. The jury found that VR had understood the importance of the protection of its brand as part of a comprehensive business strategy. 
Case published 9.9.2026