Castrén & Snellman will serve as the legal advisor to the Finnish Olympic Committee for the next three years. This partnership aims to provide Finland’s top athletes with even better chances to succeed in the international sports arena.
17.12.2013
Castrén & Snellman Appointed Legal Advisor to the Finnish Olympic Committee
‘We promise our clients that they don’t have to lose sleep to succeed, and this is the same promise we are now giving Finland’s Olympic team and its associates. We will make sure the team’s sports agreements are of high international quality, and we will provide the Olympic Committee’s staff and athletes with practical training to help them be better prepared for often complex legal issues. We will also produce sports law content, for example, The Secretary General of the Finnish Olympic Committee, Mika Sulin, is excited about the partnership, ‘The legal challenges in sports are growing every year. Finland’s Olympic team now has Finland’s best legal team on our side. Castrén & Snellman’s expertise in sports law is of very high quality. This partnership will give our Olympic athletes and their associates access to vital support.’ for the Olympic Committee’s website. The goal in all of this is to allow our top athletes to focus on what they do best, training and competing successfully’, said Castrén & Snellman’s Managing Partner Pauliina Tenhunen.
The Finnish Olympic Committee’s goal is to make Finland the number one Nordic country by the end of the next Olympiad. In addition to Castrén & Snellman, the Finnish Olympic Committee has also announced partnerships with the Kuortane and Vierumäki sports parks and Dextra. For more information, read the Olympic Committee’s press release (in Finnish).
Everyone at Castrén & Snellman wishes Finland’s athletes the best of luck at the Sochi Olympics in February 2014!
For more information, please contact:
Pauliina Tenhunen
Latest news
Latest references
Swiss Life Asset Managers Nordic – Acquisition of a prime logistics property from a fund managed by Savills Investment Management
We advised a fund managed by Swiss Life Asset Managers Nordic in its acquisition of a logistics property in Hyvinkää from a fund managed by Savills Investment Management. In addition to advising on the transactional aspects, we also advised on the financing of the acquisition as well as in designing an appropriate international acquisition structure and addressing relevant tax implications. The property serves as the central warehouse in Finland for Ahlsell, a leading Nordic technical wholesaler, which has been leasing the property since its construction. The state-of-the-art logistics centre was originally built in 2002 and has undergone several improvement projects over the years. The latest extension, completed in 2024, added around 11,000 square meters of new storage area to the property, bringing the total lettable area to 47,000 square meters. The property has been developed with a strong emphasis on energy efficiency with on-site solar power and renewable district heating. The sustainability features of the property were also further optimised and the asset just received BREEAM Excellent certifications in both BREEAM New Construction and BREEAM In-Use.
Case published 20.1.2025
Metsäliitto Cooperative – A EUR 200 million sustainability-linked revolving credit facility agreement
We advised Metsäliitto Cooperative in relation to a new EUR 200 million sustainability-linked revolving credit facility with a syndicate of eight banks. This new credit facility refinances the existing EUR 200 million facility signed in December 2018 and will be used for general corporate purposes. The facility has a tenor of five years and includes two one-year extension options. The pricing mechanism of the revolving credit facility is linked to two of Metsä Group’s ambitious sustainability targets: Target 1: Zero tonnes of fossil carbon dioxide emissions, Scope 1 and 2, by 2030. Target 2: Share of certified wood in wood supply 100% by 2030. ‘Incorporating sustainability criteria into our financing further demonstrates the company’s strong commitment to actions that reduce our carbon footprint and mitigate climate change,’ says Vesa-Pekka Takala, EVP, CFO of Metsä Group.
Case published 16.1.2025
NoHo Partners – A MEUR 119 Financing Package
We advised NoHo Partners Plc on a 119-million-euro financing arrangement. The financing arrangement frees up a significant part of the cash flow for the business and enables the implementation of an acquisition-driven growth strategy also in the future.
Case published 16.1.2025
CapMan Buyout – Divestment of Renoa Group
We advised CapMan Buyout in the exit of Renoa Group. Renoa Group management together with Korpi Capital and other investors have acquired the group. Renoa Group is a Finnish established expert in the building technology sector specializing in detached houses in Finland and Sweden. Renoa is a major provider of turnkey domestic water & heating, sewer system and electricity network renovations, with significant operations also in Sweden. The Group reported sales of €35 million and employed c. 300 personnel across its 10 offices in Finland and 6 in Sweden. Korpi Capital is a Finnish investment company with holdings in 29 companies.
Case published 14.1.2025