At the origin of the shared history between ARMOR and IIMAK is a license from the Japanese company Fujicopian, shared in the 1980s. Now, the two companies form a single entity, operating under the common banner of ARMOR-IIMAK and led by Christian Lefort, who recently joined the ARMOR group. ARMOR, through its ARMOR Industrial Coding and Printing business, is the world’s leading manufacturer of thermal transfer ribbons with a 30% market share, while IIMAK, number four worldwide, is the lea...