IG Design Group completed the acquisition of CSS Industries for $117m.

IG Design Group, a provider of celebrations, gifting, stationery and creative play products, completed the acquisition of CSS Industries, a US-based designer and manufacturer of craft, seasonal and gift products, for $117m. "We are delighted to announce this transaction with Design Group. Our Board has continuously focused on evaluating opportunities to enhance stockholder value, and following a strategic review that included a thoughtful internal process and expert external advice, we concluded that this transaction with Design Group delivers a compelling price, with value certainty, to our stockholders, while at the same time offering our business an exciting path forward with a company that shares our focus on providing product design, innovation and value to our customers and consumers,” Rebecca Matthias CSS Chairman of Board of Directors.