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Quick facts
Number of fee earners

77

Number of partners

27

Key practice areas
Banking and finance
Banking
Capital markets
Capital markets : Debt
Capital markets : Equity
Financial and corporate
Restructuring and insolvency
M&A
Project development
Firm overview

The firm’s heritage dates back to 1918 and now pursues the business under the new brand Cirio. The firm continues to build its strategy formulated and successfully implemented over the last few years with around 104 fee earners.

With a transactional focus Cirio provides advice in all areas of business law relevant for its clients. Cirio builds on a heritage of providing first class legal advice, aiming to take our services to a new level and be even more innovative for the benefit of our clients and talents. Cirio will be a catalyst for broader changes in the way a law firm operates and the role it plays in society and business. The name Cirio holds a promise of a continued advancement among the leading law firms in Sweden.

We have collected our vast know-how and experience in sector practice groups, namely Renewable energy, Digital & Technology, Life Science and Real Estate
In addition, we have developed leading expertise in the interconnection of these sectors, with teams that work seamlessly across areas.

Client feedback

Capital markets
"Extremely experienced in capital markets regulations and always swift answers."
"Well aware of the business, knowledge about the deal and came with valuable input regarding the structure."

Financial services regulatory
"Good market knowledge, good understanding about our business, very responsive."

Insolvency
"Very much on the point, proactive."
"Extensive experience in insolvency and reconstruction matters."
"Skilled, communicative, service-minded."
"Administrator with a pragmatic approach, which creates values for all creditors involved."
"They have an excellent team, are fast to respond, give good legal advice with the relevant business approach in mind and at a reasonable cost level all taken into account"

M&A
"Professional, fast, reliable and engaged."

Project development
"The are very knowledgeable and proactive in the way of supporting."

Key transactional practices
Key practice contacts

Mergers & Acquisitions:
Peter Lilja, Head of M&A
peter.lilja@cirio.se 

ESG and Diversity: 
David Frydlinger, Partner
david.frydlinger@cirio.se

Banking & finance (including insolvency and restructuring):
Dennis Luttropp Hansson, Head of Banking & Finance
dennis.hansson@cirio.se 

Capital markets/Public M&A:
Annika Andersson, Head of Capital Markets
annika.andersson@cirio.se 

Renewable Energy:
Jörgen Möller, Head of Energy
Jorgen.moller@cirio.se

Life Science:
Per Hedman, Head of Life Science
per.hedman@cirio.se

Sector expertise
  • Accounting
  • Agriculture
  • Automotive
  • Aviation
  • Banking
  • Construction and materials
  • Consumer goods and services
  • Energy
  • Financial services
  • Food and beverage
  • Government and public policy
  • Healthcare
  • Industrials
  • Insurance
  • Investment management
  • Media
  • Natural resources
  • Pharm and life sciences
  • Real estate
  • Shipping
  • Social infrastructure
  • Tech and telecoms
  • Tourism
  • Transport
  • Utilities
Address:
Biblioteksgatan 9
Stockholm
111 46
Tel:+46 8 527 916 00 Email:Contact Us Web Address:https://cirio.se
Rankings published in 2026
Banking and finance
Tier 3
22 firms ranked
View full list

Tier 1

Mannheimer Swartling
8 practice areas
View full profile
Roschier
8 practice areas
View full profile
Vinge
8 practice areas
View full profile

Tier 2

Cederquist
9 practice areas
View full profile
Gernandt & Danielsson
9 practice areas
View full profile
Linklaters
8 practice areas
View full profile
Schjødt
6 practice areas
View profile
Setterwalls
10 practice areas
View full profile
Snellman
11 practice areas
View full profile
White & Case
8 practice areas
View profile

Tier 3

Baker McKenzie
9 practice areas
View profile
Cirio
9 practice areas
View full profile
DLA Piper
7 practice areas
View profile
Eversheds Sutherland
7 practice areas
View profile
Hammarskiöld
11 practice areas
View full profile
Lindahl
10 practice areas
View profile
RE:FI STHLM
1 practice area
View profile
TM & Partners
11 practice areas
View profile
Wigge
9 practice areas
View full profile

Tier 4

Bird & Bird
8 practice areas
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Delphi
9 practice areas
View full profile
Wistrand
8 practice areas
View profile
Capital markets : Equity
Tier 3
22 firms ranked
View full list

Tier 1

Gernandt & Danielsson
9 practice areas
View full profile
Mannheimer Swartling
8 practice areas
View full profile
Roschier
8 practice areas
View full profile
Vinge
8 practice areas
View full profile

Tier 2

Baker McKenzie
9 practice areas
View profile
Cederquist
9 practice areas
View full profile
Setterwalls
10 practice areas
View full profile
Snellman
11 practice areas
View full profile
White & Case
8 practice areas
View profile

Tier 3

Cirio
9 practice areas
View full profile
Lindahl
10 practice areas
View profile
Linklaters
8 practice areas
View full profile
Schjødt
6 practice areas
View profile

Tier 4

DLA Piper
7 practice areas
View profile
Delphi
9 practice areas
View full profile
Hammarskiöld
11 practice areas
View full profile
Maqs
9 practice areas
View profile
TM & Partners
11 practice areas
View profile
Wigge
9 practice areas
View full profile

Notable

Bird & Bird
8 practice areas
View profile
Eversheds Sutherland
7 practice areas
View profile
Kanter
7 practice areas
View profile
M&A
Tier 4
24 firms ranked
View full list

Tier 1

Mannheimer Swartling
8 practice areas
View full profile
Roschier
8 practice areas
View full profile
Vinge
8 practice areas
View full profile

Tier 2

Cederquist
9 practice areas
View full profile
Gernandt & Danielsson
9 practice areas
View full profile
Linklaters
8 practice areas
View full profile
Setterwalls
10 practice areas
View full profile
Snellman
11 practice areas
View full profile
White & Case
8 practice areas
View profile

Tier 3

Baker McKenzie
9 practice areas
View profile
Hammarskiöld
11 practice areas
View full profile

Tier 4

Bird & Bird
8 practice areas
View profile
Cirio
9 practice areas
View full profile
DLA Piper
7 practice areas
View profile
Delphi
9 practice areas
View full profile
Lindahl
10 practice areas
View profile
Schjødt
6 practice areas
View profile
Wistrand
8 practice areas
View profile

Tier 5

Kanter
7 practice areas
View profile
TM & Partners
11 practice areas
View profile
Wigge
9 practice areas
View full profile

Notable

Andulf
1 practice area
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Hansen
2 practice areas
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Maqs
9 practice areas
View profile
Project development
Tier 2
20 firms ranked
View full list

Tier 1

Mannheimer Swartling
8 practice areas
View full profile
Vinge
8 practice areas
View full profile

Tier 2

Cirio
9 practice areas
View full profile
DLA Piper
7 practice areas
View profile
Setterwalls
10 practice areas
View full profile

Tier 3

AG Advokat
2 practice areas
View profile
Baker McKenzie
9 practice areas
View profile
Lindahl
10 practice areas
View profile
Maqs
9 practice areas
View profile
Roschier
8 practice areas
View full profile
Snellman
11 practice areas
View full profile

Notable

Bird & Bird
8 practice areas
View profile
Eversheds Sutherland
7 practice areas
View profile
Foyen
2 practice areas
View profile
Hammarskiöld
11 practice areas
View full profile
Magnusson
5 practice areas
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Oebergs
2 practice areas
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Ramberg
2 practice areas
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TM & Partners
11 practice areas
View profile
Wistrand
8 practice areas
View profile
Restructuring and insolvency
Tier 3
19 firms ranked
View full list

Tier 1

Fylgia
2 practice areas
View profile
Gernandt & Danielsson
9 practice areas
View full profile
Mannheimer Swartling
8 practice areas
View full profile
Roschier
8 practice areas
View full profile
Setterwalls
10 practice areas
View full profile
Vinge
8 practice areas
View full profile
Wistrand
8 practice areas
View profile

Tier 2

Cederquist
9 practice areas
View full profile
Lindahl
10 practice areas
View profile
Schjødt
6 practice areas
View profile
TM & Partners
11 practice areas
View profile
White & Case
8 practice areas
View profile

Tier 3

Baker McKenzie
9 practice areas
View profile
Cirio
9 practice areas
View full profile
DLA Piper
7 practice areas
View profile
Delphi
9 practice areas
View full profile
Hammarskiöld
11 practice areas
View full profile
Hellström
9 practice areas
View profile
Snellman
11 practice areas
View full profile
Linked Reviews
Financial and corporate

Swedish business law firm Cirio based in Stockholm. The firm's history could be traced to 1918 when it was originally founded. The firm was relaunched in January 2019 when it rebranded as Cirio and spun-off from Lindahl’s Stockholm office. The deal team is led by managing partner Emma Dansbo and supported by well-seasoned legal practitioners. The firm is active in all areas of corporate law and project development. 

 

Highlights  

 

In 2024, the firm advised Biokraft International on its acquisition by 1Vision Biogas, a joint venture formed by energy company St1, Aneo, and HitecVision 

In project development, the firm acted as legal advisor for Hydro Rein, a company owned by Norsk Hydro and Macquarie Asset Management, in its acquisition of 80% of the shares in a 2.5GW wind power portfolio developed by IOWN Energy AB. 

 

Testimonials 2025

“Focussed, grasped the issues, flexibility” - M&A 

 

Key clients      

AB Sagax, Aareal, Biokraft, Enercon and Pareto Securities.

11 results11 results
Deal Highlights
65 results65 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Sagax EURO MTN NL BV - Bond Issue
2021-01-01
Cirio
Netherlands
Bond issue
Sagax EURO MTN NL BV
Issuer
Humlegarden Fastigheter AB - Bond Issue
2021-04-01
Cirio
Sweden
Bond issue
Humlegarden Fastigheter AB
Issuer
Sagax EURO MTN NL BV - Bond Issue
2021-08-01
Cirio
Netherlands
Bond issue
Sagax EURO MTN NL BV
Issuer
Humlegarden Fastigheter AB - Bond Issue
2021-05-01
Cirio
Sweden
Bond issue
Humlegarden Fastigheter AB
Issuer
Swedavia AB - Bond Issue
2021-05-01
Cirio
Sweden
Bond issue
Swedavia AB
Issuer
Sagax EURO MTN NL BV - Bond Issue
2021-07-01
Cirio
Netherlands
Bond issue
Sagax EURO MTN NL BV
Issuer
Humlegarden Fastigheter AB - Bond Issue
2021-07-01
Cirio
Sweden
Bond issue
Humlegarden Fastigheter AB
Issuer
Swedavia AB - Bond Issue
2021-08-01
Cirio
Sweden
Bond issue
Swedavia AB
Issuer
The Swedish National Debt Office - Financing
2021-02-11
Cirio
Sweden
Financing
Lars-Henrik Andersson
The Swedish National Debt Office
Lender
The Swedish National Debt Office - Financing
2020-04-01
Cirio
Sweden
Financing
Jesper Johansson
The Swedish National Debt Office
Lender
Crédit Agricole Corporate and Investment Bank - Financing
2020-03-30
Cirio
Sweden
Financing
Jesper Johansson
Crédit Agricole Corporate and Investment Bank
Lender
Aareal Bank - Financing
2020-12-01
Cirio
Sweden
Financing
Jesper Johansson
Aareal Bank
Lender
Procter & Gamble - Financing
2020-09-01
Cirio
Sweden
Financing
Jesper Johansson
Procter & Gamble
Borrower
Landesbank Hessen-Thüringen Girozentrale - Financing
2020-11-01
Cirio
Sweden
Financing
Dennis Luttropp Hansson
Landesbank Hessen-Thüringen Girozentrale
Borrower
Landesbank Hessen-Thüringen Girozentrale - Financing
2020-12-01
Cirio
Sweden
Financing
Dennis Luttropp Hansson
Landesbank Hessen-Thüringen Girozentrale
Borrower
MaxFastigheter i Sverige - Secondary share offering
2020-03-01
Cirio
Sweden
Secondary share offering
Carl Axel Morvay
MaxFastigheter i Sverige
Issuer
AB Sagax - Financing
2020-12-01
Cirio
Sweden
Financing
Carl Axel Morvay
AB Sagax
Borrower
AB Sagax - Real estate acquisition
2020-12-01
Cirio
Sweden
Real estate acquisition
Carl Axel Morvay
AB Sagax
Acquirer
Aareal Bank - Financing
2020-06-01
Cirio
Sweden
Financing
Carl Axel Morvay
Aareal Bank
Lender
Crédit Agricole Corporate and Investment Bank - Project finance
2020-12-01
Cirio
Sweden
Project finance
Carl Axel Morvay
Crédit Agricole Corporate and Investment Bank
Lender
1
of
4
IFLR1000
Lindahl retains small presence in Stockholm
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