Sampo Korpiola

Senior Associate, Member of the Finnish Bar

I advise our clients in matters related to mergers and acquisitions, industrial and energy projects, contract law, real estate transactions and company law. I enjoy working on domestic and cross-border projects and find project management meaningful. I approach assignments with an open mind, and enjoy finding solutions that make sense.

Latest references

We acted as the Finnish legal advisor for BHP in connection with an exploration alliance agreement entered into between BHP and Kingsrose Mining Limited under which BHP (through a wholly owned subsidiary) will provide funding for regional mineral exploration across areas of interest in Finland. As part of the arrangement announced on 22 May 2024, BHP and Kingsrose entered into two exploration alliance agreements, focusing on nickel and copper exploration in specified regions in Finland and Norway. In Finland, the alliance agreement covers Kingsrose’s four exploration reservations at the Central Finland project in the Kotalahti Nickel Belt, a 400 kilometre long greenstone belt which hosts the past producing Hitura, Kotalahti and Enonkoski nickel mines. The alliances follow from Kingsrose’s successful participation in the BHP Xplor program, a global accelerator program targeting innovative, early-stage mineral exploration companies to find the critical resources necessary to drive the energy transition. BHP is the largest mining company in the world by market capitalisation, producing essential commodities through its assets, including iron ore, metallurgical coal, copper and nickel, and moving into potash.
Case published 4.7.2024
We are advising Nevel Oy in the implementation of energy infrastructure services in Veitsiluoto in Kemi, northern Finland. Nevel will purchase the area’s district heating business from Stora Enso. The acquisition will ensure the continuity of the service for the local households and real estate. Nevel has signed a contract to supply the energy to the Stora Enso Veitsiluoto sawmill and plans to invest in a new 11 MW biofuel boiler plant and flue gas condenser at the Veitsiluoto sawmill, which will reduce emissions from heat production. Nevel has also agreed to supply renewable textile and fashion technology company Infinited Fiber Company with energy and water utilities for their new processing plant at the Veitsiluoto site. Infinited Fiber Company is planning to convert a paper factory previously operated by Stora Enso on the site into a textile fiber production plant. This will be the company’s first commercial-scale plant. The fiber production processes require steam energy and water purification. Among other services, Nevel is set to supply Infinited Fiber Company with energy and water utilities. Energy provided will be renewable, reducing emissions from heat production. Nevel is a utility infrastructure company offering advanced industrial and municipal infrastructure solutions that are fit-for-purpose and future-proof. Nevel operates more than 130 energy production sites and manages over 40 district heating networks. The company has an annual turnover of EUR 100 M, and employs 150 experts in Finland, Sweden, and Estonia. Infinited Fiber Company is a fashion and textile technology company. Its breakthrough innovation turns cellulose-rich materials – like worn-out clothes – into InfinnaTM, a premium textile fiber.
Case published 23.6.2022
Castrén & Snellman and Danish law firm Plesner are advising Ahlström Capital and its portfolio company Enics Group in the contemplated merger between Enics Group and GPV International A/S, wholly owned by the public listed company Schouw & Co A/S.  The transaction values the combined business at more than DKK 4 billion. The merger will create Europe’s second-largest EMS (electronics manufacturing services) company with production facilities across worldwide and with more than 7,500 employees globally. Schouw & Co A/S will hold 80% of the shares in the merged entity and Ahlström Capital will hold the remaining 20% of the shares. The completion of the acquisition is subject to customary approvals, including from competition authorities in certain jurisdictions. Schouw & Co. is a Danish industrial conglomerate listed on Nasdaq Copenhagen. Ahlström Capital is a family-owned investment company.
Case published 23.6.2022
We are advising the Finnish retailer Tokmanni in a construction project in Mäntsälä, Southern Finland, whereby a new warehouse will be constructed in the immediate vicinity of Tokmanni’s existing headquarters and logistics centre to support and supplement the company’s existing logistics centre. Once the warehouse building is completed in 2024, it will be sold to Logicenters and leased back to Tokmanni under a 20-year lease. Following the completion of the new warehouse, Tokmanni will also continue to use in full the existing logistics centre in Mäntsälä. The planned warehouse, which measures approximately 55,000 square metres, will replace the warehouse space currently leased outside of the existing logistics centre. The overall value of the investment is estimated to come to approximately EUR 60 million. The new warehouse building and cooperation with Logicenters is in line with Tokmanni’s environmental and sustainability goals, and the company seeks to apply for a BREEAM rating of ‘Very Good’ for the new warehouse building.
Case published 25.1.2022
We acted as Finnish counsel to RCL Holding AB in its acquisition of Helsingin Pantti-Osakeyhtiö and Sefina Svensk Pantbelåning Aktiebolag from Aurajoki Nordic Group Oy. The acquisition was carried out by RCL Holding AB’s fully owned subsidiary. Morris Law (Sweden) acted as lead counsel for RCL Holding AB. Helsingin Pantti was founded in 1882 and is specialised in pawnbroking, auctioning and sale of second-hand jewellery. Helsingin Pantti is the largest pawnshop in Finland, being active in seven cities and having 12 pawn shops around Finland. In 2020, Helsingin Pantti employed 50 employees and had a turnover of 15.7 million euros. Sefina Svensk Pantbelåning Aktiebolag was established around 1884 and is the largest pawnshop in the Nordics, having approximately 95 employees and 20 pawn shops around Sweden.
Case published 2.11.2021
We advised Lassila & Tikanoja in the acquisition of the entire share capital of Spectra Yhtiöt Oy. The acquisition will significantly strengthen L&T’s service offering in the retail segment. In addition to the conventional property and recycling services, the offering will now also include guard, bottle return and shelving services. Spectra Yhtiöt Oy is a Finnish family-owned company that offers a variety of services to the retail sector in Finland, mainly to shopping centres and large to mid-sized supermarkets. Spectra’s turnover is approximately EUR 6 million and the company has 200 employees in Southern Finland and in the Kuopio region. ‘This deal will make us an even more interesting and agile partner in property services within the retail sector. Our comprehensive service offering will enable us to serve as a true one-stop shop for retailers. We aim to be the most attractive partner in Finland in the retail sector’, says Antti Niitynpää, Senior Vice President, Facility Services Finland.
Case published 16.8.2021
We advised OP-Rental Yield Non-UCITS Fund and OP Bank Group Pension Foundation in the joint sale of a residential portfolio. The portfolio consists of seven assets with a total of 345 apartments. Six of the assets are located in the Helsinki Metropolitan Area and were constructed in the twenty-tens.
Case published 20.7.2021
We advised the Finnish Lifelong Learning Foundation (Kvs Foundation) in the sale of an Art Nouveau building originally built by the Kvs Foundation in central Helsinki to a property fund advised by Morgan Stanley Real Estate Investing (MSREI). Constructed in 1913, the building has been in both residential and office use during its history. The Kvs Foundation is Finland’s oldest educational foundation and independent think tank on everyday learning. Its purpose is to promote learning and adult education. Morgan Stanley Real Estate Investing (MSREI) is the global private real estate investment management arm of Morgan Stanley.
Case published 8.7.2021