MONTRÉAL, Dec. 17, 2025 /CNW/ - Imaflex Inc. ("Imaflex" or the "Corporation") (TSXV: IFX) announced today that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with an affiliate (the "Purchaser") of Soteria Flexibles Corp. ("Soteria"), a U.S. based leading manufacturer of short-run flexible packaging solutions, pursuant to which the Purchaser will acquire all the issued and outstanding common shares (the "Shares") of Imaflex for CAD$2.35 in cash per Share (the "Consideration"), representing approximately CAD $123.0 million of equity value of the Corporation, subject to customary closing conditions (the "Transaction"). Upon completion of the Transaction, Imaflex will become a privately held company.
Read more at newswire.caSoteria Flexibles Corp. to Acquire Imaflex Inc.
This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.