David Schawk

CONTRARY TO the crooning of Kermit the Frog, being green has not only become easy, but popular. Especially in the business sector. Perhaps it is the fallout from Al Gore’s “An Inconvenient Truth,” but environmental sustainability initiatives have become trendy—and the printing industry is certainly au courant with the greening movement. The Forest Stewardship Council (FSC) has bestowed certification upon a number of printers, industry manufacturers and other related vendors in recognition of eco-friendly operating practices. Schawk Inc. is all about responsibility. The Des Plaines, IL-based company, with 151 operations and 3,500 employees scattered across 12 countries in four continents, recognizes its obligations to

IPA, the Association of Graphic Solutions Providers, has elected Bob Childs, COO of Digital Color Image, Pennsauken, NJ, to serve as its chairman of the board. The following officers were also elected: 1st vice chair, Gail Ludewig, president and CEO, TotalWorks, Chicago; and 2nd vice chair, Chip Harding, vice president and COO, Harper House, Dallas. David Schawk, Schawk Inc., Des Plaines, IL, is past chairman, Roni Buczynski, managing director, Vertis, North Haven, CT, serves as IPA treasurer; and Kent Hatterick, Beck: Premedia Workflow Compression, Atlanta, is secretary. Hess Print Solutions, a Wellspring Capital Management company, announced that Daniel Bach has assumed the new position of

DES PLAINES, IL—Schawk Inc. has signed a definitive agreement to acquire prepress and creative design house Seven Worldwide, formerly Applied Graphics Technologies, for $191 million in cash and stock. Schawk, a provider of digital imaging graphic services for the consumer product and brand imaging markets, will pay $122.4 million in cash and $68.6 million in Schawk stock. The deal includes four million shares of Schawk common stock at $17.15 per share and will expand the company's global coverage. The combined companies registered approximately $630 million in 2004 sales. "This acquisition allows the combined companies to significantly broaden global coverage and increase market leadership in the creation and

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