Macfarlanes and Walker Morris have bagged lead roles on Vision Capital’s proposed £160m acquisition of a portfolio of businesses from Northern Foods. Macfarlanes advised investment firm Vision Capital, which entered four auction processes and made an offer to acquire all four businesses in the one transaction. Completion is expected in early 2007. Corporate partner Garrett Hayes led the Macfarlanes team, which included banking partner Bronwen Jones. Property partner Steven Pitchford provided real estate advice. Leeds-based Walker Morris advised the UK-based Northern Foods. The team was led by corporate partner Paul Emmett.