Allen & Overy and DLA Piper have won the advisory roles on UK engineering giant IMI on the proposed $1.1bn (£691m) sale of UK engineering giant IMI’s drinks dispense and merchandising businesses to the Berkshire Hathaway-controlled Marmon Group.

A&O’s New York and London offices took the lead for IMI. In London, M&A partner Mark Gearing headed the team for the magic circle firm, while New York M&A partner Peter Harwich led in the US.