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Equistone has sold its investment in Vulcain Engineering Group to a consortium led by Ardian, which includes Tikehau Capital, EMZ, Bpifrance, Amundi, and Fonds France Nucléaire. The French engineering consultancy has experienced significant revenue growth, increasing from €161 million in 2019 to €370 million, while pivoting its focus towards renewable energy and sustainability, earning a gold medal in the EcoVadis ranking for two consecutive years.