# IG Design Group to acquire CSS Industries for about $88M

IG Design Group agreed a merger to acquire US consumer product maker CSS Industries for $9.40 per share in an all-cash deal valued at about $88 million, announced January 21, 2020.

- Type: Acquisition
- Announced: 2020-01-21
- Where: United States
- Value: $88.0M
- Status: announced
- Products: gift packaging, floral decorative packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [IG Design Group](https://endata.com/companies/6016.md) (acquirer)
- [CSS Industries](https://endata.com/companies/6017.md) (target)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/design-groups-merger-css-industries/), 2020-01-21: "The all-cash transaction has a total value of approximately $88m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.