Established in 1993, Krogerus is one of the most influential Finnish law firms. The firm is headquartered in Helsinki and has offices in Kuopio and Turku.
Focusses / specialisms
In terms of banking and finance expertise, Krogerus has traditionally been proficient in leveraged finance and asset finance. The firm also has considerable experience in dealing with derivatives. Sectors where the firm has a proven track record include trade and export finance; real estate finance as well as restructuring and insolvency.
Their capital markets division is experienced in advising on a full range of security types including bond issues, debt programmes, convertible and high-yield debt offerings. In the past they have also done excellent work on private placements, public tender offers and de-listings.
In M&A, the firm has been traditionally been strong in both public and private acquisitions. In terms of industry sectors, the firm has done good M&A work in healthcare, energy, construction, and IT, among others.
In terms of project development work, the firm is especially adept in dealing with complex lease agreements and issues related to environmental law.
Key clients
Key recent clients include
Nordea Bank, Ilmatar Energy, Hyperco, VR Group, Intera Partners, Helen and Ålandsbanken Wind Power Fund, Cibus Grocery Finland, Carnegie Investment Bank, Danske Bank, Swedbank, Sampo, Nokia, Fellow Bank, Lamor Corporation, Aiforia Technologies, HKScan Corporation, JC Switzerland Holding, Retail Logistics Excellence – RELEX, Kyndryl Corporation, Institutional Venture Partners (IVP) Earlybird VC, Verdane, Vitruvian Partners, Intera Partners, Plugit Finland, Taaleri, VR Group, Walki Group, AFRY, Fasadgruppen Group, Synexa Life Science, Instalco, Marlin Equity Partners, One Equity Partners, Sentica Partners, Juuri Partners, Clausion International, LIWLIG Group, BlackRock, VALOREM, CPC Germania / CPC Finland, Ålandsbanken Funds, Ilmatar Energy, Helen, Ardian, Orrön Energy, Omnes Capital, Low Carbon, BayWa and Nordic Ren-Gas, St1.
Research period review: 33rd edition (2023/2024)
In the banking sphere Krogerus has recently been active in the energy, real estate, investment management and transport sectors, acting for both borrowers and lenders.
In terms of capital markets work, the firm’s most valuable clients have been from the healthcare, insurance, technology and telecommunications as well as the consumer goods sectors. In terms of the types of work that the firm has been involved in, this research period saw Krogerus involved in a lot of share buy-backs, private placements, bond issuances including some bond restructuring, as well as the usual public and private acquisitions.
In M&A the firm was active in sectors such as retail, IT, finance, transport, packaging, engineering, and construction, acting for buyers, investors, and shareholders.
In project development Krogerus has been advising a lot of energy companies, acting on behalf of project developers, investors and sponsors.
Deal highlights: 33rd edition (2022/2023)
IVP and Earlybird’s participation in Aiven's $210 million series D funding round
Retails Logistics Excellence’s investment round of
€ 500 million
Client feedback: 33rd edition (2023/2024)
Banking and finance
"Krogerus is efficient and trustworthy legal counsel. They have a deep and wide understanding of the finance law field. Krogerus is also good on managing finance transactions and active grip and proactive perspective."
"Krogerus's team has exceptionally wide experience in all kinds of transaction. No matter how complex the structure is, the Krogerus team have had a prior transaction which they can relate, etc."
"They are prompt and pragmatic in their work and have in-depth experience and knowledge of financing transactions."
Capital markets
"Krogerus thinks around the whole 360 of your project so they share the same mindset that we as inhouse lawyers have."
"Hands-on with senior staff and very pragmatic, solutions-orientated."
"Very technically skilled and creative."
"Krogerus are very good at keeping focus on the important aspects of a transaction and ensuring continued progression of the plan of action. This can especially be difficult in complex transactions with many different obstacles, but Krogerus manages this very well."
M&A
"Thorough understanding of local regulation and its application, and a clear appraisal of asset risk."
"Professional approach with great amount of common sense."
"High level of professionalism."
Project development
"They have very deep knowledge in their areas of expertise. They are able to handle complex transaction structures and project agreements and see the big picture while also keeping track of the details. They listen to the client, are flexible and pragmatic, and have their client's best interest in mind. To top it off, they are very skilled negotiators."
"Helpful, talented and have a good knowledge of environmental regulation."
Project development
"Proactive, accurate and client-orientated."
Sami Laine
"Legal understanding, problem identification, negotiation approach with other legal firms."
"Experienced and knowledgeable with deep understanding of the renewable sector. Sami understands and listens to the client and always keeps the client's best interests in mind. Skilled negotiator. Flexible and delivers when promised. Leads complex projects well and keeps the big picture in mind. He has managed to earn his clients' trust."
"Sami is a 'real nice guy' with talent and knowledge."
Sami Martola
"Great legal skills and great attitude."
"Nice, relaxed but still very professional."
Päivi Toivari
"Päivi is a highly competent and efficient lawyer. Päivi has very good knowledge of the finance sector and she is a well-known partner in the Finnish finance law sector. Päivi has a direct and no-nonsense approach to transactions."
