Macfarlanes and Pinsent Masons have scooped lead roles opposite Freshfields Bruckhaus Deringer on the £700m buy-out of engineering company Doncasters Group by investment giant Dubai International Capital (DIC).

The deal sees Macfarlanes instructed by longstanding client Royal Bank Equity Finance (RBEF), the venture capital arm of Royal Bank of Scotland, to advise on the sale of Doncasters to DIC.