Castrén & Snellman was recognised as one of the world’s leading cross-border restructuring and insolvency law firms in the 2025 edition of the Global Restructuring Review’s GRR 100 guide.
2.12.2025
GRR 100: Castrén & Snellman one of the world’s leading restructuring and insolvency firms
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Our restructuring and insolvency team’s experts Pauliina Tenhunen, Pekka Jaatinen, Elina Pesonen and Christer Svartström were singled out for praise.
GRR 100 is a guide for advisers and their clients to find specialist counsel with the expertise they need, in the region they need. By vetting each firm for demonstrable experience in cross-border matters and profiling their fields of expertise, the guide highlights practitioners capable of offering dependable advice to stakeholders dealing with multinational businesses in distress.
‘Castrén & Snellman has very knowledgeable and pragmatic lawyers. They handled the voluntary liquidation of two subsidiaries efficiently in terms of substance, time, and costs.’
– Client testimonial, GRR 100 2025
The list is compiled annually by Global Restructuring Review, a daily news and analysis service on cross-border restructuring and insolvency law. The GRR 100 guide features 153 firms from 41 jurisdictions.
The GRR 100 list 2025 is available here.
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Municipality of Tuusula – Data centre project
We are assisting the Municipality of Tuusula in the sale of land to funds managed by Blackstone, a global asset management company, for a data centre project. Currently, a preliminary agreement has been signed for the sale of the approximately 16.7 hectare site in Jokela, Tuusula. In October 2025, the Municipal Council of Tuusula approved zoning amendments that enable the construction of a data centre campus in the Vallunlenkki zoning area. The preliminary agreement on the sale of the land and the approval of the zoning are the first steps in a process that would upon its implementation constitute a significant investment that supports employment and economic growth in Tuusula and its surroundings. The next phase, the environmental impact assessment, is planned to commence in early 2026. Blackstone owns QTS, one of the worlds’s fastest growing data centre platforms with more than 82 data centres in operation or under development across Europe and the United States.
Case published 4.12.2025
OP-Public Services Real Estate Fund – Sale of seven preschool properties
We are assisting OP-Public Services Real Estate Fund in the sale of seven preschool properties to Kinland AS. The transaction value is approximately EUR 24 million, and the majority of the properties are located in the Greater Helsinki area. The portfolio comprises high-quality assets with EPC ratings of A or B, with most properties achieving the highest rating of A. The properties are leased to one of the sector’s leading private operators under lease agreements with a weighted average unexpired lease term of approximately 10 years. The transaction is expected to close on 18 December 2025.
Case published 2.12.2025
CapMan Growth – Investment in restaurant chain Factory
We are assisting CapMan Growth in making a significant investment in Factory, a Finnish restaurant chain known for its high-quality homemade meals and excellent value for money. The investment supports Factory’s ambitious growth strategy to expand nationwide and strengthen its presence also in shopping centres. Industry veteran Aku Vikström also joins as a co-investor and member of the board to support the company. Factory is a restaurant chain that specialises in high-quality homemade meals. In addition to buffet offerings, Factory provides catering services for meetings and events. All dishes are prepared in Factory’s own restaurant kitchens by the restaurants’ own chefs, and the menu focuses on diverse, high-quality home cooking. The company currently operates 22 restaurants in Southern Finland and employs around 200 people. CapMan Growth is a leading Finnish growth investor that makes significant investments in entrepreneur-led growth companies with turnover of €10–200 million. CapMan Growth is part of CapMan, which is a leading Nordic private equity investor engaged in active value creation work. CapMan has been listed on the Helsinki Stock Exchange since 2001.
Case published 2.12.2025
Neste – EUR 500 million refinancing arrangement
We advised Neste Corporation on the refinancing of its EUR 500 million term facility by way of two EUR 250 million bilateral term facilities provided by OP Corporate Bank plc and Danske Bank A/S, Finland Branch. Each term facility has a maturity of three years with extension options.
Case published 25.11.2025