Castres &Snellman advised Finnish Industry Investment and Finda in their significant investments, made together with a fund managed by Taaleritehdas, in Rauma Marine Constructions (RMC), a pioneer in arctic shipbuilding. The total value of the investments is EUR 19 million. RMC’s strengthened position is yet another indication of the recovery of the Finnish shipbuilding industry and allows RMC to carry out major shipbuilding projects.
RMC is a Finnish-owned shipyard with leading-edge expertise and technology in this field. Strategically, RMC specialises in the construction and maintenance of multi-purpose icebreakers, car ferries and naval vessels.
The C&S team was headed by Partner Jan Örndahl from our M&A and Private Equity & Venture Capital services and included Senior Partner Pekka Jaatinen and Counsel Joni Painilainen from our M&A service and Counsel Rickard Langenskiöld from our Shipping, Transport & Logistics service. Our transaction team was supported by experts from other services.