Milliken & Company completed the investment in Orak.

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.