Acquisition of Brandimage complete for Schawk
By Canadian Packaging Staff
General acquisition Brandimage Schawk$25-million deal for branding and design image biz fills Schawk with awe.
$25-million deal for branding and design image biz fills Schawk with awe.
Schawk, Inc., a leading provider of brand development and deployment services, enabling companies of all sizes to connect their brands with consumers, has completed its acquisition of substantially all of the assets of Lipson Associates, Inc. and Laga, Inc., which does business as Brandimage – Desgrippes & Laga,” for a cash purchase price of $25 million.
Brandimage is a leading independent branding and design network specializing 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.
With revenues of approximately $32 million, Brandimage has operations in Chicago, Cincinnati, Paris, Brussels, Shanghai, Seoul and Hong Kong.
The company will operate in conjunction with Schawk’s current brand development capabilities, which are performed under its Anthem Worldwide brand.
President and chief executive officer David A. Schawk comments, “Brandimage has established outstanding relationships with its clients by providing world class service throughout their locations. I am very pleased and excited to add such a strong group thereby further enhancing Schawk’s brand development capabilities.”
About Schawk, Inc.
Schawk, Inc. is a leading provider of brand development and deployment services, enabling companies of all sizes to connect their brands with consumers. With a global footprint of operations in 21 countries, Schawk helps companies create compelling and consistent brand experiences by providing integrated strategic, creative and executional services across brand touchpoints. Founded in 1953, Schawk is trusted by many of the world’s leading organizations to help them achieve global brand consistency. For more information, visit www.schawk.com .
About Brandimage – Desgrippes & Laga
Brandimage – Desgrippes & Laga, one of the world’s leading design firms, offers fully integrated services designed to deliver meaningful brand experiences for consumers. With offices in America, Europe and Asia, its global team of talented design and marketing experts builds on holistic expertise in brand strategy, innovation and consumer insight through its comprehensive portfolio of services: brand identity, industrial design, packaging, interactive, retail experience and architecture. Brandimage – Desgrippes & Laga serves clients globally across a variety of industries, ranging from consumer packaged goods to luxury brands, health & beauty, retail, finance, technology, sports, entertainment and tourism.
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