| M&A, Private

Hannes Snellman Advised Suomen Ostoliikennekalusto in the Acquisition of VR’s Rolling Stock

Two colorful cords, one orange and one purple, are tangled and intertwined in loose loops on a beige background, creating an abstract and playful pattern.

Hannes Snellman advised Suomen Ostoliikennekalusto in the acquisition of VR’s rolling stock used in its publicly funded passenger rail transport services. In connection with the transaction, Suomen Ostoliikennekalusto has entered into a rolling stock lease agreement with Traficom (the Finnish Transport and Communications Agency), and the parties have also entered into a tripartite agreement regarding the use and maintenance of the rolling stock. Suomen Ostoliikennekalusto is a state-owned special assignment company responsible for the management of rolling stock used for publicly funded passenger rail transport services.

This unique arrangement supports the Finnish Government’s programme to promote competition and facilitate market access in the passenger rail transport sector, enabling publicly funded passenger rail transport services to be subject to competitive tendering for the first time in Finland from the beginning of 2031.

Hannes Snellman’s core advisory team comprised Tuire Kuronen, Sofia Sihvonen, Outi Jousi, Annika Tiitola, Ingrid Remmelgas, and Maria Aholainen.