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Imaflex Announces Completion of Acquisition by Soteria

Newswire.ca - Fri Feb 27, 1:24PM CST

MONTRÉAL, Feb. 27, 2026 /CNW/ - maflex Inc. ("Imaflex" or the "Corporation") (TSXV: IFX) announced today the completion of the previously announced plan of arrangement under Section 192 of the Canada Business Corporations Act involving Soteria Flexibles AcquireCo Ltd. (the "Purchaser"), an affiliate of Soteria Flexibles Corp. ("Soteria"), pursuant to which the Purchaser has acquired 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 (the "Arrangement").

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