Pinsent Masons and Macfarlanes have bagged lead roles on CompAir’s £197.5m sale to industrial manufacturer Gardner Denver.

The deal saw Macfarlanes instructed for regular client Alchemy Partners, as the majority shareholder in air and gas compressor business (CompAir). The City firm fielded a team led by corporate partner Ian Martin, and including partners Paul Davies, Marc Israel and Elizabeth Sherwood.