Noora Korpelainen

Senior Associate, Member of the Finnish Bar

Services

  1. Private M&A
  2. Private Equity

Contact details

I advise our clients on assignments related to domestic and cross-border mergers and acquisitions. I also have experience in advising on corporate law and financial regulation related matters.

I joined Castrén & Snellman’s M&A team in August 2022. Prior to joining Castrén & Snellman, I worked at another business law firm in Helsinki, assisting in assignments related to mergers and acquisitions as well as capital markets transactions.

I have a Master of Laws degree from the University of Eastern Finland. During my studies, I also spent one semester studying international law at the University of Valencia in Spain.

Latest references

SRV – Sale of SRV Infra
We advised SRV Group Plc in its sale of SRV Infra Ltd to Kreate Ltd. The completion of the transaction is subject to regulatory approvals. The parties expect the transaction to be closed by the end of 2025. SRV, established in 1987, is a Finnish developer and innovator in the construction industry. The company is listed on the Helsinki Stock Exchange. In 2024, SRV’s revenue totalled EUR 745.8 million.
Case published 27.10.2025
Yellow Film Studios – Merger of Yellow Film Studios and REinvent Studios
We advised Yellow Film Studios, the largest independent film and television production company in the Nordics, in its strategic merger with Danish film industry sales and financing studio REinvent Studios. Together they form Reinvent Yellow, a unified hub for television and film production, sales, financing and innovation, combining over three decades of production experience and a vast catalogue of titles.
Case published 8.10.2025
HANZA – Acquisition of Milectria
We acted as Finnish legal advisor to HANZA AB in connection with its acquisition of the contract manufacturing division of Milectria, a group of companies specialising in electrical systems for the defence industry.  The transaction comprises 100% of the shares in Milectria Oy (Finland), Milectria OÜ (Estonia), and the real estate company Kiinteistö Oy Kanungin Karhu. The transaction is expected to close in September 2025, 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. The company operating in seven countries currently has annual sales of approximately SEK 6 billion and approximately 3,100 employees. Milectria is a Finnish contract manufacturer of electrical systems for the defence industry.
Case published 21.7.2025
Ugly Duckling Ventures – Investment in Skyfora
We represented Ugly Duckling Ventures in the EUR 4 million seed funding round of Skyfora. The investment will support the deployment of Skyfora’s advanced weather intelligence solutions, including their state-of-the-art Telecom GNSS Meteorology solutions. Ugly Duckling Ventures led the funding round alongside LUMO Labs, and other investors included, among others, Voima Ventures and EIC Fund. Ugly Duckling Ventures is a venture capital fund based in Copenhagen, Denmark, that focuses on seed and pre-seed stage investments in Nordic ventures. Skyfora is a Finnish weather intelligence company that provides next-generation AI-powered weather forecasting and data collection solutions. Their innovative Telecom GNSS Meteorology solutions are designed for optimizing the performance of AI weather forecasts improving global climate change resilience and weather-insight across industries.
Case published 4.3.2025
WithSecure  –  Sale of cyber security consulting business
We advised WithSecure Corporation in the sale of its cybersecurity consulting business to Neqst. WithSecure is a global cyber security company (listed on NASDAQ OMX Helsinki). Neqst is a Swedish investment firm, focusing on technology companies. The closing of the transaction remains subject to customary conditions and regulatory approvals.
Case published 24.1.2025
Pernod Ricard – Sale of local Nordic beverage brands to Hartwall
We acted as Finnish counsel to Pernod Ricard in the sale of a portfolio of local Nordic brands to Oy Hartwall Ab, an affiliate of the Danish group Royal Unibrew. Pernod Ricard is a worldwide leader in the spirits and wine industry. The local portfolio of brands includes spirits, liqueurs and Finnish wine brands, the best-known being the liqueur Minttu, along with their related production assets based in Turku, Finland.
Case published 21.10.2024
WithSecure – Sale of open source data collection product and business
We advised WithSecure Oyj in the sale of its open source data collection product and business to Patria Oyj. The divested business combining software and services falls outside WithSecure’s current strategy. Through the sale, WithSecure sharpens its focus on the Elements portfolio. WithSecure is a global cyber security company (listed on NASDAQ OMX Helsinki) with more than 35 years of industry experience. WithSecure offers partners flexible commercial models, ensuring mutual success across the dynamic cyber security landscape. Patria is an international company in the defence and security industry offering defence, security and aviation life cycle support services and technology solutions. As a result of the transaction, Patria will open a new office in Oulu and 10 WithSecure experts currently working in the business area will join Patria. 
Case published 30.9.2024
Andritz – Acquisition of Procemex
We advised Andritz Oy, a part of ANDRITZ group, with their acquisition of all the shares in Procemex Oy. The acquisition further strengthens ANDRITZ’s automation and digitalisation portfolio. Procemex is a global leader in integrated web monitoring and web inspection solutions for the pulp and paper industry. It has a team of more than 100 vision systems experts and has subsidiaries in Germany, Japan and the US. ANDRITZ offers a broad portfolio of innovative plants, equipment, systems, services and digital solutions for a wide range of industries and end markets. ANDRITZ is a global market leader in all four of its business areas – Pulp & Paper, Metals, Hydropower and Environment & Energy. The publicly listed group has around 30,000 employees and over 280 locations in more than 80 countries.
Case published 18.7.2024
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