- In October 2021, Armor Group announced the acquisition of IIMAK, a move aimed at strengthening its position in the thermal transfer ribbon market. This acquisition is expected to enhance Armor's product portfolio and expand its market reach. By integrating IIMAK’s expertise, Armor Group aims to further solidify its leadership in the thermal printing solutions industry
- In October 2020, Western Shield Label Company acquired Label Smith, expanding its capabilities in the label manufacturing sector. This acquisition is expected to enhance Western Shield’s product offerings and broaden its customer base. By integrating Label Smith’s expertise, the company aims to strengthen its position in the competitive label market
