
Blaige & Company has announced the sale of Hamilton Plastics, Inc., to Soteria Flexibles Corp., a portfolio company of TJC LP. Blaige represented Hamilton in the transaction.
Hamilton Plastics (above), born out of a quality lab and the vision of chemist Harshad Shah, was founded in 1986 and is headquartered in Chattanooga, TN. 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 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.
Soteria Flexibles, headquartered in Itasca, IL, is a leading manufacturer of custom short-run flexible plastic-packaging solutions—including liners, pouches, and specialty films—primarily serving the healthcare/medical, food, and industrial end markets. The company offers a wide range of vertically integrated manufacturing capabilities, including blown-film extrusion, printing & converting, and resin recycling. Formed in 2019 following the acquisition of Colonial Bag Corp., Soteria now operates five strategically located manufacturing facilities across the United States and employs approximately 400 people.
Brad Herbolsheimer, CEO of Soteria Flexibles, says, “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.”