3.12.2021

The Lawyer European Awards: Castrén & Snellman Named Law Firm of the Year – Scandinavia and the Nordics

Castrén & Snellman has been named the Law Firm of the Year in Scandinavia and the Nordics in the Lawyer European Awards. C&S was also the only Nordic firm to be shortlisted for European Law Firm of the Year. The judges particularly recognised our firm’s record-breaking year and long-standing commitment to sustainability both in client work and as an employer.

‘We are very proud of this award and of being shortlisted in the European Law Firm of the Year category. This past year has been far from normal for any of us, but it has also been a record-breaking success for our firm. This award and our success would not have been possible without the commitment and teamwork of every single person at the firm. I would like to take this opportunity to thank everyone at C&S for their hard work this past year. I would also like to warmly thank our clients for the trust they have placed in us and the outstanding work we have done together’, says Managing Partner Sakari Lukinmaa.

The Lawyer European Awards are hosted annually to celebrate the best practice and excellence across the whole industry, including in-house legal departments, private practice and the Bar, both nationally and internationally.

This is the second recognition of this type our firm has received this year, as C&S received the award for Scandinavian Law Firm of the Year at the Women in Business Law Awards Europe 2021.

See all the winners on the website of The Lawyer European Awards.

 

Latest references

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
We acted as Finnish legal advisor to Delta Capacity in connection with its acquisition of the ready-to-build Karppio battery energy storage system (BESS) project from Helios Nordic Energy. The acquisition was made and the project will be implemented together with Strioga Family Foundation. The Karppio BESS project is located in Teuva, Finland, and has a capacity of 125 MW / 300 MWh. Delta Capacity will lead the remaining development of the project through to commissioning, planned for 2027, and will serve as long-term asset manager. Delta Capacity is a Swiss-based developer of utility scale battery storage systems. The acquisition adds to Delta Capacity’s growing Nordic portfolio. 
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We advised Swedbank AB (publ) on the refinancing of a large Finnish retail real estate portfolio owned by Trophi’s Finnish subsidiaries. Trophi is the leading Nordic real estate company focusing on grocery anchored retail properties, with 278 properties across Sweden and Finland. Finland is a market that continues to develop and is also strategically important for Trophi, accounting for approximately 30% of Trophi’s letting and property value.
Case published 17.7.2026
We are acting as Finnish legal advisor to HANZA in connection with its acquisition of Fortaco Finland’s heavy mechanics and assembly business. The transaction is structured as a combined asset and share acquisition and includes Fortaco Finland’s heavy mechanics and assembly operations in Finland, as well as shares in two Estonian and two Polish subsidiaries. The transaction is expected to close during the fourth quarter of 2026, subject to customary closing conditions, including regulatory approvals. Founded in 2008, HANZA is a Swedish mechanical engineering and electronics contract manufacturing company listed on the Nasdaq Stockholm main list. HANZA has approximately 5,000 employees and annual sales of SEK 10 billion. We advise HANZA on this transaction in collaboration with the Swedish law firm Lindahl.
Case published 15.7.2026