Mergermarket ranked Castrén & Snellman first in terms of deal count among Finnish law firms in 2018. We advised clients in 27 completed arrangements with a value exceeding USD 5 million. In terms of deal count in Finland, 2018 was the busiest in Mergermarket’s history.
17.1.2019
Mergermarket: Castrén & Snellman Number One in 2018 League Tables Based on Deal Volume
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The highlights of 2018 included, for example, the merger of Vapo’s Grow&Care Division and Dutch BVB Substrates, the combination of AVARN Security and Prevent 360 and the acquisition of Royal Ravintolat by NoHo Partners (formerly Restamax).
‘The majority of our deals in 2018 were cross-border transactions involving multiple jurisdictions, such as the sale of Fluido to global technology giant Infosys. Our team has an outstanding track record of successfully handling lead mandates in complex cross-border transactions. We have a wide network of global partners, which means that we can offer our clients a one-stop-shop service in their most demanding international transactions’, said partner-elect Benjamin Bade.
‘There was a relatively large number of sales processes in 2018 due to companies’ financing needs and changing strategies. We believe that this trend will continue this year. Arrangements in which new businesses are combined are also clearly on the rise. We expect such vertical integrations to continue, for example, in the life science, health, technology and finance sectors’, said Partner Carola Lindholm from Castrén & Snellman’s M&A team.
Mergermarket is an independent mergers and acquisitions intelligence and data provider. Mergermarket chose Castrén & Snellman as the M&A Legal Adviser of the Year 2017 in Finland.
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Lenders and Export Credit Agencies – EUR 514.4 million green project financing for Easpring Finland New Materials’ CAM plant
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
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Case published 17.7.2026
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