The approval allows the packaging group to proceed with its financial restructuring and exit the Chapter 11 process.
The 2,200m² site has a BOBST VISION CI press, operating with its existing rotogravure and digital printing.
An affiliate of Soteria will buy all issued and outstanding common shares of Imaflex at C$2.35 each.
Saxco will serve as an official distribution partner for Revino’s reusable bottle system.