Despite the volatile economic situation, the Finnish market for IPOs, share and bond issues continued to be active in 2015. To our pleasure, both issuers and manager banks trusted Castrén & Snellman’s solid expertise. During the year, we acted successfully as legal advisor in a total of 21 capital markets issues in Finland.
5.1.2016
Castrén & Snellman Legal Advisor in a Total of 21 Capital Markets Issues in 2015
Janne Lauha
Clients appreciate our extensive and well integrated capital markets team, which is the largest in Finland. We seek creatively innovative solutions, and we have also had a key role in the invigoration of the Finnish IPO market in recent years. In addition to issues, our expertise covers financial regulation and compliance and transactions in the financial sector, and we have also long-term experience of developing the Finnish securities market infrastructure. We are also currently involved in preparing an Issuer’s Handbook aimed at companies planning to list on the Helsinki Stock Exchange.
Our team is headed by Partners Merja Kivelä and Janne Lauha, who are well-known, long-standing experts on the market. The past year also saw the promotion of two senior associates:
Associates Hannu Huotilainen and Silvaliisa Virri are specialised in financial regulation, and Counsel Joni Painilainen has solid expertise in both capital markets and M&A. The team also includes Senior Associate Erika Saarela, Associates Niko Johansson, Erno Kaskinen and Aksu Tuominen, as well as Professional Support Lawyer Kristina Mirtti.
The capital markets team wishes everyone a successful and active year 2016!
Latest news
Latest references
G&W Electric – Acquisition of Safegrid
We advised G&W Electric with its acquisition of Safegrid Oy, a leading provider of intelligent grid monitoring solutions based in Finland. The acquisition accelerates G&W Electric’s long-term strategy to integrate intelligent monitoring and predictive analytics into its power distribution portfolio, strengthening its offering to utility customers worldwide. Founded in 1905 and headquartered in Bolingbrook, Illinois, G&W Electric is a global leader in innovative power grid solutions, with a presence in over 100 countries. The company is known for advanced load and fault interrupting switches, reclosers, sensors, system protection equipment, power grid automation, intelligent grid monitoring, and transmission and distribution cable accessories. Safegrid is a Finnish technology company headquartered in Espoo, Finland. The company develops the Intelligent Grid System®, a grid monitoring solution that combines instant-on wireless sensors with advanced analytics to deliver real-time insight into grid conditions, enabling utilities to identify emerging issues, anticipate failures, and reduce outage duration across medium and high voltage distribution and transmission networks.
Case published 8.5.2026
Kiwa – Acquisition of Sertio
We advised Kiwa in its acquisition of Sertio Oy, a Finnish notified body designated by the authority in accordance with the EU Regulation on in vitro diagnostic medical devices (IVDR). Sertio provides conformity assessment services in accordance with IVDR. Kiwa is one of the world’s leading testing, inspection, and certification companies, operating in over 35 countries.
Case published 7.5.2026
Metsäkonepalvelu – Acquisition of Junnonen Forest and the business operations of Lamerit
We advised Metsäkonepalvelu Oy in its acquisition of the entire share capital of Junnonen Forest Oy, a Finnish timber harvesting services company, and the timber harvesting services business of Lamerit Oy. The acquisition supports Metsäkonepalvelu’s growth strategy and strengthens the company’s position, particularly in southeastern Finland. Metsäkonepalvelu is a portfolio company of A. Ahlström Oy, a Finnish family-owned industrial owner. The company provides mechanical timber harvesting services to forest companies, large private forest owners, and the public sector in Finland and Sweden. Metsäkonepalvelu Group employs nearly two hundred forestry professionals.
Case published 6.5.2026
Scanreco – Acquisition of CrossControl
We acted as Finnish counsel to Scanreco in its acquisition of CrossControl. Mannheimer Swartling (Sweden) acted as lead counsel for Scanreco. CrossControl, founded in Sweden, is a high-tech supplier of advanced display computers and central vehicle computing solutions for industrial vehicles and machines. Scanreco is a world leading supplier of professional radio remote control systems to international machinery, heavy equipment, and crane manufacturers. The combined group comprises approximately 600 employees and generates annual revenue of around SEK 1.4 billion.
Case published 5.5.2026