Industry News, Ink Manufacturers News

ARMOR-IIMAK, Astorg Officially Become Shareholding Partners

Astorg is now a minority shareholder, holding 40% of the shares of thermal transfer and ink leader.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Following ARMOR’s merger with its US competitor IIMAK, giving birth to ARMOR-IIMAK last October, the closing on May 4, 2022 of Astorg’s entry into the capital of ARMOR-IIMAK as a minority shareholder marks a new stage in the growth strategy of this ARMOR group subsidiary. It represents the ideal opportunity for this global market leader in consumables used in thermal transfer printing technology to set out the first milestones in its 2022-2026 strategic roadmap. Wednesday, May ...

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