Danske Bank – Co-operation between Danske Bank and Mandatum Life continued

Danske Bank – Co-operation between Danske Bank and Mandatum Life continued

We have extensive experience in the insurance sector and decades of collaboration with supervisory authorities. We advise clients in all regulatory matters and ensure smooth implementation of even the most complex transactions.

The regulatory and operative landscape of the insurance sector is constantly changing. Steering your organisation in this ever-evolving environment calls for special expertise. The support of a legal advisor with profound understanding of both the insurance business and the objectives of the legislator and the regulator is essential. We offer a unique combination of wide expertise in insurance law with extensive experience of having operated within the insurance business. We provide a hands-on approach combined with long-term practical knowledge of how to achieve strategic goals.

With our extensive experience in the insurance sector and decades of collaboration with supervisory authorities, we are the natural partner of choice for both Finnish and international insurance companies, insurance intermediaries, and their owners and decision-makers. Our in-depth expertise will ensure that your critical projects cross the finish line in time and as planned. We will assist you in successfully adapting your business to market changes and changes in the regulatory environment.

We advise clients in all regulatory matters and ensure smooth implementation of even the most complex transactions in this highly regulated sector. Our full-service offering covers all legal needs of the insurance sector from transactions, disputes, insurance products and their distribution strategies, regulated documentation, outsourcing of central, critical or important functions to capitalisation and governance system requirements. Our experts work seamlessly together across teams in all insurance-related matters ranging from financial regulation, regulated transactions, corporate governance and tax law to data protection, competition law, dispute resolution, technology law, procurement and employment law.

  1. Regulated Transactions & Arrangements
  2. Insurance Regulation & Regulatory Compliance
  3. Claims & Dispute Resolution
  4. Contracts
  5. Product Oversight and Governance & Legal Design
  6. Crisis Management & Insolvency Proceedings

Our clientele includes Finnish and international insurance companies and reinsurance undertakings as well as their significant direct and indirect owners and decision makers. We also advise insurance intermediaries, foreign law firms and policyholders.

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. 
Case published 20.7.2026
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