Schawk Sells Some Ops

CHICAGO—Schawk Inc., of Des Plaines, IL, has sold its educational product development, catalog, publication and New York-based advertising premedia operations to The CAPS Group for $29 million in cash, plus assumed liabilities.

The deal, which closed in early March, bolsters The CAPS Group to $80 million in annual revenues, with more than 500 employees. The acquired operations have facilities in New York, Illinois, Florida and Wisconsin.