27.3.2024

Castrén & Snellman ranked among the best international arbitration law firms in The GAR 100

The GAR 100 list, published by the Global Arbitration Review, recognised Castrén & Snellman’s dispute resolution team as one of the world’s leading international arbitration practices for the fifth consecutive year.

Our experts Anders Forss, Marko Hentunen, Tuomas Lehtinen, Ilona Karppinen, Jerker Pitkänen and Teemu Auressalmi were singled out for praise.

We thank our clients who gave their valuable feedback! Our Dispute Resolution team was characterised as ‘truly international’, providing ‘high standard advice with personable, pragmatic service’.

The GAR 100, now in its 17th edition, is an annual guide to international arbitration that lists the world’s leading international arbitration practices. The criteria used in the GAR 100 survey are reputation, experience, the amount of work undertaken and the monetary value of the cases.

The GAR 100 highlighted our long history, arbitration skills and extensive record of successful cases. Read the full review here.

Latest references

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.
Case published 11.2.2025
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.
Case published 7.2.2025
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.
Case published 6.2.2025
We advised Sanok Rubber Company S.A. in connection with a transaction where the Polish International Development Fund 2 FIZ AN acquired 30% of the shares in Teknikum Group Ltd from Sanok Rubber Company S.A. Teknikum Group is a European polymer technology company serving industrial customers in need of reliable rubber, plastic, silicone, polyurethane, and foam solutions. The group has approximately 600 employees and operates four production plants in Finland and one in Hungary, and a sales office in Germany. Sanok Rubber Company S.A. is the European leader in the field of rubber products, rubber-to-metal articles and combination of rubber with other materials for the automotive, construction, agriculture, pharmacy and household appliances. Sanok Rubber Company S.A. is listed on the Warsaw Stock Exchange and employs more than 3,000 people in Europe and North America. Polish International Development Fund 2 FIZ AN is one of two specialised foreign expansion funds managed by PFR TFI. The fund’s aim is to co-finance foreign investments of Polish companies. We advised Sanok Rubber Company S.A. together with the Polish law firm Rymarz Zdort Maruta.
Case published 3.2.2025