Castres & Snellman were legal counsel to United Bankers Plc group in an arrangement in which UB’s subsidiary UB Asset Management Ltd acquired POP Bank’s investment service company Optium Oy. Through this deal, UB will be able to acquire a significant number of new clients for its asset management services. The purchase of Optium also expands UB’s geographical network. The C&S team was led by Jarno Tanhuanpää.

United Bankers is a Finnish investment group established in 1986. The group’s services include asset management, fund management, securities brokering and investment banking. The group manages a total of approximately 1.7 billion euros (6/2015). The Company has been listed on First North Finland since November 2014.