Häggblom & Partners – Advising Forestum’s Principal Owners in Sale of Shares to Svenska Cellulosa Aktiebolaget

Häggblom & Partners – Advising Forestum’s Principal Owners in Sale of Shares to Svenska Cellulosa Aktiebolaget

The team bends over backwards to be helpful. We have a very good dialogue with the lawyers – they really understand our business and our sector.

Chambers Europe

We are a creative partner with strategic business acumen and a strong international track record of working in the shifting capital markets and regulatory landscape.

Many issuers and lead managers choose us because our expertise and processes hold up in demanding international arenas. Our services cover transactions in both equity and debt capital markets as well as public M&A.

Our long practical experience enables us to handle even the most complex and largest equity and debt capital markets transactions flexibly and efficiently. The breadth and depth or our expertise also allows us to provide international players with unrivalled regulatory advice on the Finnish market.

Ownership and restructuring arrangements of public companies provide countless opportunities for active value creation. We provide leading Finnish expertise in capital markets transactions and mergers and acquisitions that involve listed companies. We have extensive and versatile experience in providing strategic advice to Finnish and international listed companies and private equity sponsors.

A solution-oriented advisor with business insight

We are known as a trusted partner of boards of directors and management in strategic initiatives and demanding situations of change that concern listed companies. Our clients include Finnish and international offerors, target companies, major shareholders, financiers, private equity sponsors and investment banks as well as C-suite executives and board members of listed companies.

We regularly advise listed companies on their ongoing disclosure obligations and a wide range of other regulatory matters, ensuring issuers remain fully compliant while achieving their strategic objectives.

Many of our lawyers play an active role in the development of regulation. Our team has excellent working relationships with supervisory authorities, stock exchange, and the broad community of capital-markets stakeholders, enabling us to anticipate regulatory change and advocate effectively on our clients’ behalf.

International publications consistently rank our services and our lawyers among Finland’s best.

Latest references

We advised Metsäkonepalvelu Oy in its acquisition of the entire share capital of Junnonen Forest Oy, a Finnish timber harvesting services company, and the timber harvesting services business of Lamerit Oy. The acquisition supports Metsäkonepalvelu’s growth strategy and strengthens the company’s position, particularly in southeastern Finland. Metsäkonepalvelu is a portfolio company of A. Ahlström Oy, a Finnish family-owned industrial owner. The company provides mechanical timber harvesting services to forest companies, large private forest owners, and the public sector in Finland and Sweden. Metsäkonepalvelu Group employs nearly two hundred forestry professionals.
Case published 6.5.2026
We advised Metsäkonepalvelu Oy in its acquisition of the entire share capital of PJP Metsäexpertit Oy. PJP Metsäexpertit is a Pirkanmaa-based company specialising in forest management and logging. The acquisition will strengthen Metsäkonepalvelu’s operations, particularly in the Pirkanmaa region, and expand its operations. Metsäkonepalvelu is a portfolio company of A. Ahlström Oy, a Finnish family-owned industrial owner. Metsäkonepalvelu provides mechanical timber harvesting services to forest companies, large private forest owners, and the public sector in Finland and Sweden. Metsäkonepalvelu Group employs nearly two hundred forestry professionals.
Case published 6.2.2026
We advised Metsä Board Corporation on the issuance of senior unsecured green notes of EUR 200 million. The maturity of the notes is six years, and they mature on 28 May 2031.  The notes carry fixed annual interest of 3.875 per cent., and the issue price of the notes is 99.570 per cent. The notes were allocated to both Finnish and foreign investors. ‘We are delighted with the trust and interest shown by investors in Metsä Board’s first green bond. This arrangement extends the maturity of our financing and supports our strategy to grow in fibre-based packaging materials and renew our industrial operations. It also contributes to the achievement of our ambitious sustainability targets for 2030’, comments Henri Sederholm, CFO of Metsä Board. Danske Bank A/S and Skandinaviska Enskilda Banken AB (publ) acted as joint lead managers for the issue of the Notes.
Case published 27.5.2025
We advised KoBold Metals on the Finnish legal and tax aspects related to its earn-in agreement with Aurion Resources. Under the agreement, KoBold (through its wholly owned subsidiary KoBold Exploration Finland Oy) can earn an undivided 75% interest in commodities discovered (other than any discoveries that are predominantly gold or silver), by incurring USD 12 million in exploration expenditures on or before the fifth anniversary of the date of signing the agreement. The exploration area covers approximately 35 km2 in Aurion’s 100% owned 160 km2 Risti Property in Sodankylä, Finland Following satisfaction by KoBold of the earn-in requirements, a joint venture will be established with KoBold owning 75% and Aurion 25%. KoBold Metals Company is a US-based exploration and mining company, supported by high profile investors such as Breakthrough Energy Ventures, Andreessen Horowitz, and Equinor. It combines expertise in geosciences with artificial intelligence, machine learning, and data science to improve and accelerate the exploration process in search of the critical minerals necessary for the global energy transition.
Case published 26.3.2025