Posted by: Schawk | Date added: Mon 26 Sep 2011
Schawk, Inc. -- (NYSE: SGK), a leading provider of brand development and deployment services, enabling companies of all sizes to connect their brands with consumers, has announced that it entered into an agreement to acquire substantially all of the assets of Lipson Associates, Inc. and Laga, Inc., which does business as Brandimage – Desgrippes & Laga, or “Brandimage.”
Brandimage is a leading independent branding and design network specialising in providing services that seek to engage and enhance the brand experience, including brand positioning and strategy, product development and structural design, package design and environmental design. Brandimage, with unaudited 2010 revenues of approximately $32 million, has operations in Chicago, Cincinnati, Paris, Brussels, Shanghai, Seoul and Hong Kong.
Brandimage will operate in conjunction with Schawk’s current branding and design capabilities, which are performed under its Anthem Worldwide brand.
President and Chief Executive Officer David A. Schawk commented, “We are delighted to have reached an agreement with Brandimage. We believe that bringing our companies together will further differentiate our offering to global clients seeking to enhance the position of their brands. This transaction will enhance our brand development offering as we continue to implement our strategy of providing both brand development and deployment across multiple mediums serviced and delivered on a global basis.”
Brandimage’s Chief Executive Officer John Hilbrich added, “Brandimage clients and staff will benefit from the resources and forward thinking of the Schawk/Anthem organisation and their vision for the future growth of branding and design strategy. We look forward to developing new relationships and helping them achieve their goals.”
The completion of the transaction is subject to various customary closing conditions as well as the satisfactory completion of Schawk’s due diligence investigation. The closing is currently anticipated to occur in early October following satisfaction of the due diligence conditions. Schawk anticipates funding the purchase price through a draw from its existing credit facility.
When I think of color I think of light.
Date added: Wed 17 Jan 2018
Schawk completes acquisition of Brandimage - Desgrippes & Laga to further enhance its brand development capabilities
Date added: Thu 20 Oct 2011
Brand Deployment Division Pushes The Boundaries of 3D in Print
Date added: Tue 11 Oct 2011
Ian Miles of Schawk looks at how saving money on image quality can impact negatively on campaign response
Date added: Mon 09 May 2011
Embracing Royal Wedding fever (and secretly satisfying a long term ambition to build a Post-it creation), boutique digital design agency (untitled), part of Schawk Inc, have ordered in over 4,000 Post-it notes to create a mural in celebration of the forthcoming Royal Wedding.
Date added: Mon 18 Apr 2011