Mari Kulmakorpi

Associate, Master of Laws

Services

Employment

Contact details

I work as an associate in our Employment service. I regularly advise our domestic and international clients in various employment-related matters.

Prior to joining Castrén & Snellman, I worked as a legal counsel for an employer association and advised in various employment law related matters. I have expertise, for example, in questions related to temporary agency work. I have also previously worked in a Nordic food company as an HR lawyer. During my studies, I worked as an in-house legal trainee and in an international audit firm.

I have a Master of Laws degree from the University of Helsinki. In addition, I studied one semester at the University College Cork in Ireland.

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Latest references

Reka Industrial – Sale of Reka Cables to Nexans Group

We are acting as the legal advisor to Reka Industrial Plc in the sale of its wholly owned subsidiary Reka Cables Ltd, which operates the cable business of Reka Industrial. The purchase price of the shares is EUR 53 million and will be paid in cash. According to the Finnish Accounting Standards, the net debt of Reka Cables at the end of September 2022 was EUR 6.5 million. The completion of the transaction, conditional on the approval of the Extraordinary General Meeting of Reka Industrial and approvals by competent regulatory authorities, is expected to take place during the first half of 2023. Reka Oy, representing in aggregate 65.36% of the voting rights in Reka Industrial, has irrevocably undertaken to vote in favour of the transaction at the Extraordinary General Meeting. Reka Cables is the largest Finnish-owned cable manufacturer, which has been at the forefront of the cable industry for more than 60 years. Reka Cables provides durable, high-standard cable solutions for renewable energy production, network construction and industry as well residential and office construction. Reka Cables has approximately 270 employees, and the turnover in 2021 was EUR 134 million.

CapMan Growth – Investment in Fennoa

We advised CapMan Growth in its investment in financial management software company Fennoa Oy. Fennoa Oy is a rapidly growing software company that develops and offers cloud-based financial administration solutions. The company’s turnover and profitability have increased tenfold over the past few years. Fennoa Oy was founded in 2014, and it employs 32 people and serves approximately 500 accounting firms, as well as tens of thousands of their client companies. CapMan Growth is a leading Finnish growth investor that makes significant minority investments in companies aiming for strong growth and internationalisation. CapMan Growth is part of CapMan, which is a leading Nordic capital investor engaged in active value creation. CapMan has been listed on the Helsinki Stock Exchange since 2001.

Körber – Majority stake in AI consulting company DAIN Studios

We advised Körber, an international technology group in strengthening its Business Area Digital by acquiring a majority stake in DAIN Studios, a Finnish-German based company which provides data and AI consultancy. ‘AI First is a key strategic initiative for Körber. With DAIN Studios, we strengthen our position globally as innovation leader in the future-oriented field of AI’, says Dr Christian Schlögel , Chief Digital Officer and Member of the Körber Group Executive Board. ‘With the consulting expertise of DAIN Studios, we expand our possibilities to leverage the power of AI to create a visible business value on the side of the customer.’ Körber was established in 1946 and today has about 10,000 employees and more than 100 locations worldwide. Körber Business Area Digital offers and develops digital products, services and solutions with experts, science and partners from multiple industries within logistics, pharma, tissue and tobacco to transform global manufacturing. Körber AG is the holding company of the Körber Group. DAIN Studios is a Finnish-German data and AI consultancy business established in 2016, which offers artificial intelligence solutions. DAIN Studios’s clients come from a variety of industries such as telecommunications, pharmaceuticals, manufacturing, banking, insurance and media.

Jolt Capital and Tesi – Investment in VEV

We advised Jolt Capital and Tesi in connection with their investment in VEV, a leading provider of commercial fleet electrification solutions. The investment, led by Jolt Capital with Tesi as co-investor, will support VEV’s next phase of growth and expansion across Europe. As part of the transaction, VEV became an independent company following the acquisition of Vitol’s stake in the business. Founded by Vitol, VEV provides integrated fleet electrification solutions combining fleet strategy, charging infrastructure, energy supply and operational services. Through its VEV IQ platform, the company supports more than 6,000 commercial electric vehicles across Europe and has been deployed across more than 600 sites spanning the transport, logistics and waste sectors. Jolt Capital is a private equity firm focused on growth investments in European deeptech companies. Tesi is a Finnish state-owned investment company that promotes Finnish business and economic growth through investments. We advised Jolt Capital and Tesi on the equity financing and structuring aspects of the transaction. International law firm Goodwin advised the investors on the acquisition of VEV.

VR Group – Intellectual property matters

VR-Group Plc is a transport and logistics group owned by the Finnish State, operating passenger and freight rail transport in Finland with activities also in the Swedish market. VR Group provides passenger, logistics and maintenance services with over 160 years’ experience in developing responsible transport of the future. We advise VR Group in intellectual property matters as part of the company’s wider brand protection efforts. Our assignments have included advice on copyright, design rights and trademarks, focusing on the protection of the company’s visual identity – including its distinctive green colour – in connection with transport services as part of a comprehensive IP protection strategy. VR Group’s consistent brand building has also received recognition, including the Finland Chamber of Commerce’s Brand of the Year award in 2026. In the competition, brands were viewed comprehensively from various perspectives, including their story, strategic role, brand renewal ability and intellectual property protection. The jury found that VR had understood the importance of the protection of its brand as part of a comprehensive business strategy.

NoHo Partners – EUR 50 million secured notes and EUR 97 million senior secured facilities agreement

We advised NoHo Partners Plc on the issuance of EUR 50 million senior secured floating rate notes. The notes have a tenor of four years and mature on 10 September 2030. The notes bear interest at a rate of three-month EURIBOR plus a margin of 4.375 per cent. per annum. The notes were allocated to a mix of domestic and international investors. We also advised NoHo Partners on the negotiation of its new senior facilities agreement. The facilities agreement comprises a EUR 60,000,000 term loan facility, a EUR 10,000,000 capex facility and a EUR 27,000,000 revolving credit facility. “We are delighted by the interest investors have shown in the company’s Notes, which reflects confidence in our strategy. The successful issuance of the Notes, together with the new loan agreement, extends the maturity profile of our financing and enables the company to continue executing its growth strategy going forward. I would like to thank all investors for their participation, as well as our partner bank for the excellent execution of the Notes issuance”, says Jarno Suominen, CEO of NoHo Partners. OP Corporate Bank plc acted as the sole lead manager and bookrunner for the issue of the notes. NoHo Partners Plc is a Finnish group established in 1996, and it specialises in restaurant services being the creative innovator of the Northern European restaurant market. The company was listed in Nasdaq Helsinki in 2013 becoming the first Finnish listed restaurant company, and it has continued to grow strongly throughout its history. NoHo Partners’ vision is to be the leading restaurant operator in Northern Europe.

Topfoods – Acquisition of Delice Plus

We advised Topfoods Oy, a Triton-backed Geia Group company, on its acquisition of Oy Delice Plus Ab, a Finnish supplier of cakes and pastries. Through the acquisition, Topfoods strengthens its retail business and further reinforces its position in the cakes and pastries segment. Founded in 2008, Topfoods supplies selected food products to professional kitchens, the retail sector, and the food industry.

Deka Immobilien – Acquisition of a prime logistics property

We advised Deka Immobilien on its acquisition of a prime logistics property located at Turvalaaksonkuja 4, Vantaa, for the Deka-ImmobilienEuropa open-ended real estate fund. The property is situated within the Aviapolis logistics cluster, which is Finland’s leading logistics hub, benefiting from its location next to Helsinki Airport and its connections to the country’s main transport routes. Completed in 2022, the modern property comprises 32,947 sqm of lettable space and is fully let on a long-term basis to Barona Varastopalvelut Oy. The tenant is a Finnish 3PL provider offering warehousing and e-commerce logistics services to companies in Finland and internationally and uses the property as its central logistics hub. The property has achieved a BREEAM International New Construction rating of Excellent and an EPC rating of A, and it features photovoltaic and geothermal systems, among other things.

Get to know our other experts in the field

Tomi Kemppainen

+358 40 354 2204 tomi.kemppainen@castren.fi

+358 50 324 7377 outi.tahtinen@castren.fi

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+358 40 577 3439 suvi.kettunen@castren.fi

+358 20 776 5420 jutta.nieminen@castren.fi

Laura Häyrinen

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+358 20 776 5093 laura.hayrinen@castren.fi

Senior Associate

+358 20 776 5497 ville.kukkonen@castren.fi

Sofia Seppänen

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+358 50 550 1274 sofia.seppanen@castren.fi

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+358 20 776 5132 werner.laitinen@castren.fi

Anniina Perkiö

+358 40 707 2405 anniina.perkio@castren.fi

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