Multilayer barrier flexible packaging firm Hamilton Plastics has been sold to Soteria Flexibles Corp for an undisclosed sum.
Established in 1986 by chemist Harshad Shah, Chattanooga, Tennessee-headquartered Hamilton Plastics operates a fleet of blown film extrusion equipment and offers advanced coextrusion capabilities, including three, five and nine-layer lines.
The company also runs an in-house research and quality laboratory, providing detailed layer analysis and physical property testing.
The acquisition bolsters the portfolio of Soteria Flexibles, which employs approximately 400 employees. It manufactures customised, short-run flexible packaging – including liners, pouches, and speciality films – for the healthcare/medical, food and industrial end-markets from five US manufacturing facilities.
Overseeing the transaction
Blaige & Company, an investment bank dedicated exclusively to the packaging, plastics, and chemicals industries, represented Hamilton in the transaction.
“Soteria is the ideal partner for Hamilton, providing a seamless ownership transition, workforce stability, and expanded opportunities for its customer base,” said Thomas Blaige, chairman and chief executive.
“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.”
Shah said: “In Soteria, we identified a partner with the sophistication and capital to take Hamilton and its team to the next level”.
Company history
Soteria Flexibles, which offers blown film extrusion, printing and converting and resin recycling, was formed in 2019 following the acquisition of Colonial Bag Corp.
In 2023, the company was acquired by TJC, in partnership with chief executive Brad Herbolsheimer and the company’s senior leadership team.
“We are excited to add Hamilton Plastics to the Soteria platform and eager to collaborate with the highly talented team on-site to better serve our joint customers by leveraging the skillsets, know-how, and advanced manufacturing capabilities Hamilton Plastics adds to our portfolio,” added Herbolsheimer.
