14.3.2022

Castrén & Snellman Appoints Thomas Landell as Partner With Focus on Mergers and Acquisitions and Capital Markets

Castrén & Snellman has appointed Thomas Landell as partner as of 17 June 2022. Landell moves to his new role from the position of General Counsel of Rettig Group. This appointment strengthens the firm’s leading expertise in capital markets transactions and mergers and acquisitions.

Thomas has versatile experience as strategic advisor to Finnish and international listed companies, private equity investors and family-owned companies. In the early stages of his career, he worked as an attorney at Castrén & Snellman. Since 2017, Thomas has been gaining experience as in-house counsel and member of the management team at Rettig Group where he has had broad responsibilities in developing Rettig Group’s investment company operations that focus on creating value as an active owner in both public listed companies and private market investments.

At Rettig Group, Thomas was involved as a board member in developing Purmo Group and Nordkalk for almost five years. During this time, both companies carried out numerous projects, development initiatives and acquisitions, which substantially moulded their strategic direction and improved financial performance. Thomas also actively participated in the milestone transactions that were enabled by said decisively pursued actions whereby Nordkalk was divested to SigmaRoc Plc in a reverse takeover under the AIM rules of the London Stock Exchange and Purmo Group merged with Virala Acquisition Company, the first SPAC company listed on the Helsinki Stock Exchange. The merger of Purmo Group and Virala Acquisition Company was the first business combination (de-SPAC) in the Nordic countries of a SPAC company and its target.

‘It is great to have such an outstanding lawyer and skilled team builder with strong roots at the firm join the partnership. C&S has been growing considerably faster than the market in recent years, and Thomas’s appointment further strengthens our growth. We are known for our unparalleled client and employee experience, which stems from our true partnership model. A solution-oriented expert with business insight, Thomas is known as a trusted partner of boards of directors and upper management in strategic initiatives and demanding situations of change. This capability, if anything, helps our clients succeed. Thomas is highly respected both as an advisor and colleague and I wish him a warm welcome on becoming part of our team’, says Managing Partner Sakari Lukinmaa.

‘Activity in the capital and M&A markets has hit record levels over the past few years, and our firm has had the pleasure of participating in the most significant transactions and many IPOs in Finland. I am glad to have a well-liked colleague back in our growing team to further develop cooperation with our clients’, says Partner Merja Kivelä, Head of Capital Markets & Financial Regulation.

Before Rettig Group Thomas worked seven years at Castrén & Snellman with a focus on capital markets transactions and mergers and acquisitions. During his career, he has also worked as a visiting lawyer with Skadden, Arps, Slate, Meagher & Flom in New York and as a visiting legal counsel with Nordea.

‘It feels great to return to Castrén & Snellman for another chance to work with the firm’s clients. The years spent in-house offered thorough insight into risks and opportunities relating to the implementation of various strategic initiatives as well as general management of business operations in an environment targeting M&A activity. What I find particularly valuable is having gained this perspective through the lens of both a shareholder and its portfolio companies. Having seen the market through clients’ eyes, I am convinced that the capabilities of Castrén & Snellman’s Mergers & Acquisitions and Capital Markets teams to service clients are excellent. Projects are handled by top-notch experts backed up by Finland’s most extensive and highest-quality service offering in business law. The best colleagues, exciting clients and our firm’s strong workplace atmosphere brought me back to C&S. I am really excited to be here again contributing to the development of our clients’ business and our firm’s strong culture’, Thomas Landell says.

Latest references

We advised Hopeasalmen Telakka Oy, part of Marina Group, on the acquisitions of Iisiveneily and Porvoon Venekorjaamo. The transactions form part of Marina Group’s expansion into the Finnish marina and boatyard sector, strengthening its position under the Quattro Marine brand. Following the acquisitions, Quattro Marine’s Finnish operations comprise Hopeasalmen Telakka, which operates boatyard facilities in Helsinki’s Mustikkamaa and in Tolkkinen, Porvoo, together with Iisiveneily and Porvoon Venekorjaamo. Marina Group is a Norwegian marina and boatyard consortium owned by the private equity sponsor Norvestor. It has grown rapidly through acquisitions to become the Nordic region’s largest boating services provider, having acquired 24 marinas and boatyards across Norway, Sweden and Finland within roughly a year.
Case published 24.8.2026
We advised Neste as it signed a EUR 250 million 10-year loan with NIB. The loan will finance Neste’s investments related to research and development (R&D) in processing lower-quality feedstocks into high-quality renewable products; as well as the liquefied waste plastics (LWP) investment at Neste’s refinery in Porvoo, Finland. The R&D activities supported by the loan focus on the development of renewable solutions. These include, for example, expanding feedstock capabilities and technologies that enable the processing of new and lower-quality waste and residues into high-quality renewable end products. Part of the financing supports Neste’s liquefied waste plastics investment in Porvoo, related to upgrading low-quality plastic waste into high-quality feedstock at an industrial scale. The investment contributes to advancing circular economy solutions by enabling the use of hard-to-recycle plastic waste as a replacement for virgin fossil raw materials. The unit has an annual capacity to process up to 150,000 tonnes of liquefied waste plastic. Production ramp-up commenced in 2026.
Case published 19.8.2026
We advised Aspo Plc, ESL Shipping Ltd and AtoBatC Shipping AB in relation to finance matters in connection with the demerger of Aspo, by which all the shares in ESL Shipping Ltd held by Aspo, together with the related assets and liabilities, will be transferred to a new independent company to be named ESL Shipping Group Plc. Aspo intends to apply for the shares of ESL Shipping Group to be admitted to trading on the regulated market of Nasdaq Helsinki. It is further intended that Aspo be renamed Telko Group Plc. 
Case published 19.8.2026
We acted as Finnish law legal adviser to the lenders and the export credit agencies in connection with the EUR 514.4 million green project financing for the development and construction of Easpring Finland New Materials Oy’s cathode active material (CAM) manufacturing plant in Kotka, Finland. The borrower, Easpring Finland New Materials Oy, is a joint venture owned by Beijing Easpring Material Technology, Finnish Minerals Group and LG Energy Solution. The financing was provided by six international commercial banks, with Société Générale acting as financial adviser and mandated lead arranger together with Natixis as co-mandated lead arranger, and DNB, ICBC, ING and Standard Chartered participating as lenders, with support from the export credit agencies Finnvera and Sinosure. The project represents a significant milestone for Finland and the European battery value chain by strengthening Europe’s domestic supply of cathode active materials, a key component in lithium-ion batteries for electric vehicles and energy storage applications. Once the first phase of the project is operational, the Kotka facility is expected to produce approximately 60,000 tonnes of cathode active material annually, making it one of the largest CAM production plants in Europe and supplying leading battery manufacturers across Europe. 
Case published 21.7.2026