# Armor to buy Iconex thermal transfer ribbon business

Armor agreed to buy the thermal transfer ribbon (TTR) business and intellectual property of label solutions provider Iconex. The companies also signed a reseller agreement for Iconex's TTR technology.

- Type: Acquisition
- Announced: 2018-09-07
- Status: announced
- Products: thermal transfer ribbons, label printing technology

## Companies

- [Armor](https://endata.com/companies/3832.md) (acquirer)
- [Iconex](https://endata.com/companies/3833.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/deals-mas-week-nd-paper-sig-combibloc-orora/), 2018-09-06: "Armor has entered an agreement to buy receipt and label solutions provider Iconex's thermal transfer ribbon (TTR) business and intellectual property (IP)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.