Blaige Completes Sale of Leader in Multilayer Barrier Flexible Packaging to Soteria Flexibles

Thomas Blaige, Chairman and CEO of Blaige & Company, commented: “It was a pleasure working with the Shah family. Soteria is the ideal partner for Hamilton, providing a seamless ownership transition, workforce stability, and expanded opportunities for its customer base. It will benefit greatly from adding a top-tier, innovation-driven barrier film producer to its platform. The combined entity gains scale, technology, broader offerings, and stronger customer and supplier ties-well-positioned to drive growth through shared R&D and operational synergies.” Blaige added: “We are especially proud that this marks our third transaction with a TJC portfolio company in the past decade.”

Hamilton Plastics, Inc., born out of a quality lab and the vision of renowned chemist Harshad Shah, was founded in 1986 and is headquartered in Chattanooga, Tennessee. The company has grown into a leading manufacturer of high-performance, high-value-added coextruded and barrier films serving the food, industrial, and medical markets.

Hamilton operates a world-class fleet of blown film extrusion equipment and offers advanced coextrusion capabilities, including 3-, 5-, and 9-layer lines. Its 9-layer coextrusion lines represent the most advanced barrier film technology operating in North America today.
more at: https://www.newswire.com/news/blaige-completes-sale-of-leader-in-multilayer-barrier-flexible-22549355

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