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. The company also maintains a state-of-the-art in-house research and quality lab, equipped for detailed layer analysis and physical property testing.
Harshad Shah has been widely recognized for his visionary leadership and groundbreaking contributions to the flexible packaging industry, earning numerous prestigious awards for innovation and entrepreneurship throughout his career.
