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Transaction Expands Soteria’s North American Versatile Packaging Platform and Complements Functions Throughout Key Finish Markets
- Combines two extremely complementary bendy packaging companies with robust cultural alignment
- Expands production footprint, technical features, and visitor succeed in throughout North The united states
- Transaction anticipated to akin within the first quarter of 2026, matter to normal regulatory and shareholder approvals
ITASCA, In poor health., Dec. 17, 2025 /PRNewswire/ — Soteria Flexibles Corp. (“Soteria”), a eminent U.S.-based producer of short-run bendy packaging answers, lately introduced that it has entered right into a definitive word underneath which an associate of Soteria will gain Imaflex Inc. (“Imaflex”) (TSX-V: IFX), a Montreal-based producer of high-performance motion pictures and versatile packaging answers.
Underneath the phrases of the word, Soteria will gain all issued and exceptional ordinary stocks of Imaflex for CAD $2.35 according to percentage in money, representing general fairness price of roughly CAD $123 million. Upon finishing touch of the transaction, Imaflex will transform a privately held corporate.
“This transaction is a natural fit for Soteria,” stated Brad Herbolsheimer, Government Officer of Soteria Flexibles. “Imaflex brings deep technical expertise, strong customer relationships, and a highly capable team that aligns closely with our culture and strategic priorities. Together, we are building a stronger, more diversified flexible packaging platform with enhanced scale, capabilities, and geographic reach.”
Imaflex has established a powerful popularity for handing over leading edge polyethylene motion pictures and packaging answers throughout commercial, agricultural, meals, and shopper markets, supported through complicated production features in each Canada and the USA.
“We have long respected Imaflex for its disciplined approach to manufacturing, customer-centric mindset, and commitment to innovation,” Herbolsheimer persevered. “This combination meaningfully expands our North American footprint and strengthens our ability to serve customers with speed, reliability, and technical excellence. Just as importantly, we share a strong cultural alignment, and our focus will be on supporting our teams and customers as we integrate thoughtfully and responsibly.”
Joe Abbandonato, Government Chairman of Imaflex commented “this transaction positions our business for long-term success by leveraging the resources and scale of the combined entities, creating a stronger growth platform, and opening new opportunities for employees. It has the full support of our board of directors (“Board”) and management team.”
“As we join forces, what excites me most is the strong cultural alignment and shared values between our organizations,” commented Stephan Yazedjian, President and CEO of Imaflex. “In an industry that remains highly fragmented, this transaction represents a natural consolidation that will create a stronger and more resilient platform. By combining our complementary strengths, we will not only enhance value for clients but also open new avenues for suppliers and employees alike to grow and innovate. Together, we are building a business with greater scale, reach, and opportunity—well positioned to thrive in a dynamic and expanding market.”
The transaction used to be unanimously licensed through Imaflex’s board of administrators, which has beneficial that Imaflex shareholders vote in partiality of the transaction. The purchase is anticipated to akin within the first quarter of 2026, matter to normal utmost statuses, together with appropriate regulatory and shareholder approvals.
About Soteria Flexibles Corp.
Soteria Flexibles, a portfolio corporate of TJC LP, is a North American producer of high-performance motion pictures and versatile packaging answers serving consumers throughout a large territory of finish markets, together with meals, healthcare, commercial, and shopper programs. The corporate makes a speciality of short-run, customized packaging supported through complicated production features and a customer-centric working style. With 8 production places and a large portfolio of fabrics and codecs, Soteria companions intently with consumers in order significance, responsive, and leading edge bendy packaging answers adapted to their particular wishes.
About Imaflex Inc.
Based in 1994, Imaflex is concentrated at the construction and production of leading edge, flexible- packaging answers, together with barrier and metalized motion pictures, for shopper meals, commercial and agriculture programs. Headquartered in Montreal, Quebec, Imaflex has production amenities in Canada and the USA. The Company’s ordinary secure is indexed at the TSX Project Alternate underneath the ticker image IFX. Alternative data is to be had at www.imaflex.com.
Media Touch:
Wally Hasselbring
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SOURCE Soteria Flexibles Corp.
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