The Legal 500 EMEA has ranked eight of Castrén & Snellman’s services in Tier 1 and two services in Tier 2. The publication reviewed a total of ten practice areas in Finland this year. Our St Petersburg office’s M&A expertise was also acknowledged, maintaining its position in Tier 2. Marko Hentunen, Jan Kuhlefelt, Anna Kuusniemi-Laine, Niklas Langenskiöld, Rickard Langenskiöld, Kimmo Rekola, Tero Tuomisto and Matias Wallgren were ranked Leading Lawyers in Finland again.
10.4.2015
The 2015 Edition of The Legal 500 Ranked Eight of Our Services in Tier 1
The publication had, e.g. the following to say about our firm:
Intellectual Property: ‘Team head Sakari Salonen’s attention to clients is “first class”.’
Capital Markets: ‘For many, Castrén & Snellman is “the number-one firm when it comes to domestic bond issuances in Finland”. In addition to its strength in debt capital markets, the firm played a key role in most of the major Finnish IPOs in 2013 and 2014.’
Real Estate and Construction: ‘Castrén & Snellman continues to field a market-leading real estate and construction practice.’
Banking and Finance: ‘Tero Tuomisto “possesses a top-notch combination of legal expertise and market knowledge”.’
This year the Legal 500 covered the following services in Finland:
The Legal 500 is one of the most prestigious publications in our line of business, and it ranks law firms and lawyers throughout the world. The rankings are based on interviews with lawyers and their clients.
For a more detailed look at the rankings, please visit The Legal 500 website.
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Swiss Life Asset Managers Nordic – Acquisition of a prime logistics property from a fund managed by Savills Investment Management
We advised a fund managed by Swiss Life Asset Managers Nordic in its acquisition of a logistics property in Hyvinkää from a fund managed by Savills Investment Management. In addition to advising on the transactional aspects, we also advised on the financing of the acquisition as well as in designing an appropriate international acquisition structure and addressing relevant tax implications. The property serves as the central warehouse in Finland for Ahlsell, a leading Nordic technical wholesaler, which has been leasing the property since its construction. The state-of-the-art logistics centre was originally built in 2002 and has undergone several improvement projects over the years. The latest extension, completed in 2024, added around 11,000 square meters of new storage area to the property, bringing the total lettable area to 47,000 square meters. The property has been developed with a strong emphasis on energy efficiency with on-site solar power and renewable district heating. The sustainability features of the property were also further optimised and the asset just received BREEAM Excellent certifications in both BREEAM New Construction and BREEAM In-Use.
Case published 20.1.2025
Metsäliitto Cooperative – A EUR 200 million sustainability-linked revolving credit facility agreement
We advised Metsäliitto Cooperative in relation to a new EUR 200 million sustainability-linked revolving credit facility with a syndicate of eight banks. This new credit facility refinances the existing EUR 200 million facility signed in December 2018 and will be used for general corporate purposes. The facility has a tenor of five years and includes two one-year extension options. The pricing mechanism of the revolving credit facility is linked to two of Metsä Group’s ambitious sustainability targets: Target 1: Zero tonnes of fossil carbon dioxide emissions, Scope 1 and 2, by 2030. Target 2: Share of certified wood in wood supply 100% by 2030. ‘Incorporating sustainability criteria into our financing further demonstrates the company’s strong commitment to actions that reduce our carbon footprint and mitigate climate change,’ says Vesa-Pekka Takala, EVP, CFO of Metsä Group.
Case published 16.1.2025
NoHo Partners – A MEUR 119 Financing Package
We advised NoHo Partners Plc on a 119-million-euro financing arrangement. The financing arrangement frees up a significant part of the cash flow for the business and enables the implementation of an acquisition-driven growth strategy also in the future.
Case published 16.1.2025
CapMan Buyout – Divestment of Renoa Group
We advised CapMan Buyout in the exit of Renoa Group. Renoa Group management together with Korpi Capital and other investors have acquired the group. Renoa Group is a Finnish established expert in the building technology sector specializing in detached houses in Finland and Sweden. Renoa is a major provider of turnkey domestic water & heating, sewer system and electricity network renovations, with significant operations also in Sweden. The Group reported sales of €35 million and employed c. 300 personnel across its 10 offices in Finland and 6 in Sweden. Korpi Capital is a Finnish investment company with holdings in 29 companies.
Case published 14.1.2025