# Soteria Flexibles to acquire Imaflex for about CAD 123 million

Soteria Flexibles, a US flexible packaging maker, agreed to acquire all shares of Montreal-based film and packaging manufacturer Imaflex for CAD 2.35 per share in cash, a total equity value of about CAD 123 million. Closing is expected in the first quarter of 2026.

- Type: Acquisition
- Announced: 2025-12-17
- Where: Montreal, Canada
- Value: $88.6M (123.0M CAD)
- Status: announced
- Products: polyethylene films, flexible packaging solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Imaflex](https://endata.com/companies/9635.md) (target)
- [Soteria Flexibles Corp.](https://endata.com/companies/13829.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/soteria-flexibles-corp-to-acquire-imaflex-inc-302645195.html), 2025-12-17: "Soteria will acquire all issued and outstanding common shares of Imaflex for CAD $2.35 per share in cash."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/imaflex-announces-filing-of-special-meeting-materials-and-receipt-of-interim-order-in-relation-to-its-acquisition-by-soteria-837663935.html), 2026-01-26: "Pursuant to the Arrangement, the Purchaser will acquire all the issued and outstanding common shares."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.