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OFFON
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    IFX   CA4524352099

IMAFLEX INC.

(IFX)
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Business Summary
Imaflex Inc. specializes in the manufacturing and sale of polyethylene films. The principal activities of the Company and its subsidiary consist in the manufacture and sale of products for the packaging industry, including polyethylene film and bags, as well as the metallization of plastic film for the plasticulture and packaging industries. The Company operates through the segment of development, manufacture and sale of packaging material in the form of film or bags for various uses. The Company's divisions include Canguard Packaging, which specializes in the manufacture and sale of polyethylene garbage bags for both the retail and industrial markets, and Canslit, which specializes in the metallization of plastic film. Canslit specializes in the application of a thin layer of aluminum vapor on various polymer-based films, including polyethylene polyester, polypropylene and nylon. Canslit's films are used in agriculture, insulation and various other industries.
Sales per Business
20192020Delta
Flexible Packaging Material81.07100%86.68100% +6.92%
CAD in Million
Sales per region
2020
United States56.1864.8%
Canada30.5035.2%
CAD in Million
Managers
Name Title Age Since
Joseph Abbandonato Chairman, President & Chief Executive Officer - 1998
Giancarlo Santella Chief Financial Officer - 2018
Gerald R. Phelps Vice President-Operations - 2016
Michel Baril Independent Director 65 2010
Philip Nolan Independent Director 57 2001
Consolato Gattuso Independent Director - 2012
Mario Settino Independent Director - 2017
Lorne Steinberg Independent Director - 2017
John R. Ripplinger Vice President-Corporate Affairs - 2016
Tony Abbandonato Secretary, Director & Vice President-Manufacturing - -
Members of the board
Name Title Age Since
Joseph Abbandonato Chairman, President & Chief Executive Officer - 1998
Tony Abbandonato Secretary, Director & Vice President-Manufacturing - -
Michel Baril Independent Director 65 2010
Philip Nolan Independent Director 57 2001
Consolato Gattuso Independent Director - 2012
Mario Settino Independent Director - 2017
Lorne Steinberg Independent Director - 2017
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 51,638,637 28,010,860 54.2% 0 0.0% 54.2%
Shareholders
NameEquities%
Joseph Abbandonato 14,594,700 29.0%
Philip Nolan 4,839,000 9.63%
Tony Abbandonato 4,038,761 8.04%
Gerald R. Phelps 3,866,707 7.69%
John R. Ripplinger 572,800 1.14%
Ralf Dujardin 475,000 0.95%
Giancarlo Santella 100,000 0.20%
Consolato Gattuso 95,316 0.19%
Mario Settino 40,000 0.080%
Michel Baril 20,000 0.040%
Company contact information
Imaflex, Inc.
5710 Notre Dame Street West
Montréal, QC H4C 1V2

Phone : +1.514.935.5710
Fax : +1.514.935.0264
Web : http://www.imaflex.com
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