- Bpifrance, Amundi Private Equity Funds and the Fonds France Nucléaire managed by Siparex complete the financing round
- Equistone Partners Europe and Sagard exit Vulcain as part of the transaction
- With the transaction Vulcain will have access to ‘substantial’ and diversified financial resources
Bpifrance, Amundi Private Equity Funds and the Fonds France Nucléaire managed by Siparex complete the financing round by providing specific expertise, according to a press statement.
Vulcain is an engineering group that specialises in energy transition and life sciences. The company is based in Neuilly-sur-Seine in France.
With the support of Equistone and Sagard, Vulcain has grown sales of €160 million in 2019 to €370 million by 2023. The realisation of current external growth opportunities should enable the company to cross the €450m threshold in 2024, the release said. Vulcain has completed 27 acquisitions since 2019.
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