17.2.2023

Castrén & Snellman experts and services top-ranked in Chambers Global 2023: top-notch legal and business skills, great understanding of commercial needs and to-the-point advice

Chambers Global once again ranked our services among the best in Finland in its annual publication. The rankings place the greatest emphasis on client feedback, supplemented by background information provided by law firms.

Castrén & Snellman was highly ranked in all six categories in the Chambers Global Guide. Our dispute resolution team was the only one in Finland to receive Band 1 recognition in the category.

‘They have a great understanding of our commercial needs and provide to-the-point advice, helping us to position ourselves better strategically. Their extremely quick response time and problem-solving mindset are also much appreciated.’

‘Castrén & Snellman are very hands-on and deeply involved in the details. They understand the commercial realities of the case, what they want to achieve, and what needs to be done to achieve the end results.’

‘The team is well structured, with a variety of skills and experience and a good understanding of the business expectations.’

‘Castrén & Snellman possesses top-notch legal and business skills combined with highly effective project management skills.’

‘The service provided is very client-focused, always on time and our contacts at the firm were extremely responsive.’

‘Castrén & Snellman have an excellent understanding of the Finnish market.’

‘The lawyers strongly push their client’s best interests.’

‘All communication with cross-border counterparties has been flawless.’

Additionally, a total of 13 of our experts received individual rankings from Chambers Global:

In the International & Cross-Border Capabilities section, Chambers highlights the law firms that are the best and most user-friendly to work with when matters involve international aspects. The section is an overview of the services for clients in need of internationally oriented advice. Chambers describes Castrén & Snellman as one of the leading Finnish law firms:

‘Castrén & Snellman has a credible track record in international mandates and offers clients a high-quality Finnish practice with experience of collaborating on global matters.’

Besides the Global directory, Chambers also publishes the annual Chambers Europe directory, which looks more extensively at Finnish legal experts in various fields. Both publications have for many years ranked Castrén & Snellman’s services and experts as being among the best in Finland. For a more detailed look at the rankings, please visit the Chambers Global website.

Latest references

We advised Valio Oy in its acquisition of Raisio Oyj’s plant protein business, related fixed assets and the Härkis® and Beanit® fava bean brands. The fixed assets include, among other things, the production equipment of the factory that makes plant protein products in Kauhava. The transaction supports Valio’s strategy to grow from a dairy company to a food company. This business acquisition will make us an even more significant developer and producer of plant-based protein products. The demand for these products will grow in the long term, and a great deal of growth potential still remains. In 2022, we acquired the Gold&Green® business and, since then, we have been carrying out strong product development and renewed the brand. Following successful product launches, sales in the last quarter of 2024 increased by about 50% from the previous quarter. With this acquisition, we are building our own production capacity. The production equipment of the Kauhava factory is just right for our needs and situation. says Kimmo Luoma, Valio’s Senior Vice President. Valio is a Finnish dairy and food company founded in 1905 and owned by Finnish dairy cooperatives. Valio has subsidiaries in Sweden, Estonia, the United States and China. In 2023, the Group had a turnover of EUR 2 278 million and more than 4 000 employees.
Case published 14.2.2025
We successfully represented Trety AB in a dispute and settlement negotiations concerning an agreement for development and production of communication devices for the healthcare sector. Eventually, the parties reached an amicable settlement to the full satisfaction of our client and thus the parties avoided an extensive arbitral proceeding. Trety AB is a global company that provides its customers with solutions for development, industrialization and production of electronics. Trety AB has over 30 years’ experience from IT, electronics and telecommunication industries.
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We advised a financier consortium including OP Corporate Bank plc, Nordea Bank Abp, and Skandinaviska Enskilda Banken AB in a leveraged financing arrangement for Vexve, a company owned by DevCo Partners Oy. The financing included EUR 143 million acquisition, refinancing and other facilities for, among other things, the financing of Vexve’s acquisition of Denmark-based Frese A/S, a leading manufacturer of dynamic balancing valves for hydronic networks. Vexve’s combined turnover after the completion of the transaction will be ca. EUR 200 million. Vexve is the leading European provider of valve solutions for the energy sector and selected energy-intensive industries.
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Castrén & Snellman is acting as the legal advisor to the City of Pori and Pori Energia Oy in the finance arrangement whereby debt facilities in the total amount of EUR 292 million are secured for the purpose of refinancing the existing liabilities and fuelling the future growth of Pori Energia. Pori Energia and its financiers signed a Finnish law governed facilities agreement for this purpose on 13 January 2025. Pori Energia, a multi-utility company, operates in various sectors including district heating, electricity distribution, and electricity generation through CHP and renewable sources. The company also provides wind power services and industrial energy solutions in the Satakunta region where it has c. 60,000 customers.
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