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Announced

Completed

Milliken & Company completed the investment in Orak.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Maintenance Repair and Overhaul (MRO)

carpet maintenance

France

Acquisition

Minority

Completed

Friendly

Private

Cross Border

Single Bidder

Synopsis

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Milliken & Company, an industrial manufacturer, completed the investment in Orak, a Paris-based carpet maintenance and flooring reuse company. Financial terms were not disclosed. “We are honoured to join with Milliken in this next phase of our business development. Milliken shares our vision and desire to reshape the future of our industry and create a new generation of sustainable floor covering solutions,” Nicolas Lohéac, Orak founder and CEO.

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