ESG, Insights, News/19 Dec 2025

Season’s Greetings

Borenius' Season's Greetings

Dear Clients and Friends,

As another year draws to a close, I am pleased to reflect on what has been a strong and dynamic year for Borenius.

We announced three new partner appointments strengthening our capabilities to serve our clients on an even broader range of matters, both in Finland and internationally. This year has also been marked by significant client projects across diverse sectors. We have been entrusted with major transactions and mandates, and our greatest satisfaction comes from knowing that our clients are genuinely pleased with the outcomes we have achieved together.

Our team's dedication to delivering outstanding client service throughout the year is something I deeply value.

Thank you for partnering with Borenius this year. I wish you a wonderful holiday season and a successful 2026!

Johan Roman

Managing Partner

Expanding our Capabilities by Three Next Generation Partner Appointments

Ben Fallström, Eino Järnroos and Jenni Heurlin all join the partnership on 1 January 2026. Jenni joins as Partner and Head of our EU & Competition practice, bringing expertise in all aspects of EU and Finnish competition law. Ben specialises in financing and project financing, whilst Eino is a dual-qualified transactional lawyer focusing on M&A and private equity.

Client Projects in Review

This year, our team has advised clients across a diverse range of sectors and transaction types, from public offerings and restructurings to acquisitions and innovative financing arrangements. Here are some examples of the high-profile matters we have handled:

  • The State of Finland on the initial public offering (IPO) of Posti Group Corporation
  • Lindex Group Plc (formerly Stockmann Plc) as restructuring administrator in a EUR 742 million restructuring
  • Fortum on the acquisition of wind power development portfolio from ABO Energy
  • Norvestor on the sale of PHM Group to a continuation vehicle
  • Mehiläinen on EUR 1.09 billion notes offering for financing the acquisition of Regina Maria and MediGroup
  • Tesi on the consolidation of the state’s capital investment activities
  • Kojamo Oyj on the sale of 1,944 rental apartments to Apollo and Avant Capital Partners
  • Neoen on a EUR 200 million innovative warehouse facility for a diversified European portfolio
  • PHM Group on its EUR 1,000 million syndicated term loan B issuance
  • Outokumpu on a ten-year, USD 1.6 billion off-take agreement with Greenland Resources
  • XTX Markets on the construction of its data centre campus in Kajaani

Christmas Donation Supports the Next Generation

Our Christmas donation supports young people through our pro bono partners Icehearts and the Finnish Paralympic Committee. Icehearts uses sports and mentoring to support children in challenging life situations, whilst the Finnish Paralympic Committee promotes Paralympic sports for athletes and people with disabilities.

All our pro bono partners

We wish you a Merry Christmas and a Happy New Year!

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Johan Roman

Managing Partner

Helsinki