Soteria Flexibles (Affiliate) to Acquire Imaflex Inc

TJC LP Acquires Soteria Flexibles from Ardian

September 6, 2023

Packaging

TJC LP (TJC) has acquired Soteria Flexibles Holdings LLC from Ardian. Headquartered in Carol Stream, Illinois, Soteria is a North American flexible packaging manufacturer that Ardian built into a multi-plant platform through add-on acquisitions; financial terms were not disclosed.

Soteria Flexibles (Ardian) Acquires Redi-Bag, Inc. from Traverse Pointe Partners

June 14, 2021

Packaging

Soteria Flexibles, a portfolio company backed by Ardian, has acquired Redi-Bag, Inc., a Tukwila, Washington-based flexible packaging manufacturer, from Traverse Pointe Partners. The add-on expands Soteria's manufacturing capabilities and geographic footprint in the Pacific Northwest, strengthening its position in food & agriculture end-markets such as seafood and produce.

Schur Flexibles Group Acquires Sidac SpA

April 7, 2021

Packaging

Austria-based Schur Flexibles Group has acquired Sidac SpA, a Forlì-based Italian manufacturer of flexible packaging, for an undisclosed sum. The deal gives Schur access to Sidac’s Forlì production plant, solvent-recovery facility and a portfolio serving food, beverage, confectionery and animal feed markets; Sidac reported ~€34 million revenue and about 120 employees.

IK Partners Acquires Plastiflex from 3d investors

October 27, 2021

Manufacturing

IK Partners' IK Small Cap III Fund, alongside Plastiflex management, has agreed to acquire Plastiflex Group N.V. from 3d investors. The partnership aims to accelerate Plastiflex's growth—particularly in the healthcare segment—through organic expansion and strategic M&A while the existing management team, led by CEO Piet Gruwez, will reinvest and remain in place.

BDT & MSD Partners Acquires Minority Stake in IMA Group from BC Partners

July 31, 2023

Manufacturing

BDT & MSD Partners will make a minority investment in IMA Group, acquiring its position from BC Partners and other investors while the Vacchi family remains majority owner. The capital injection is intended to accelerate IMA's global growth — including expansion in the U.S. — and support capability development in sustainable packaging and automation.

Zeus Acquires Canadian Distributor Agri-Flex

May 3, 2022

Agriculture

Irish-owned packaging group Zeus has acquired Canadian agricultural supply distributor Agri-Flex as part of its €35 million investment strategy. The deal adds roughly $14 million of annual sales and 13 staff to Zeus, strengthening the company's presence in the North American agricultural packaging market.