Schawk, Inc. has closed its previously announced acquisition of substantially all of the assets of Lipson Associates, Inc. and Laga, Inc., which does business as Brandimage—Desgrippes & Laga, or “Brandimage,” for a cash purchase price of $25 million, subject to certain closing and post-closing adjustments, and the assumption of certain trade account and business related liabilities. Schawk funded the purchase price through a draw from its existing credit facility.

Schawk, Inc., a leading provider of brand development and deployment services enabling companies of all sizes to connect their brands with consumers, announced the appointment of Lor Gold to global chief creative officer at Schawk. This position will be responsible for stewarding and developing a creative vision across Schawk in support of the expression of brands across consumer touchpoints at home, on the go, at the store and on the shelf.