Press Release

Morgan Lewis Advises CSS Industries in Acquisition by IG Design Group

January 21, 2020

PHILADELPHIA, January 21, 2020: Morgan Lewis represented CSS Industries Inc. in its merger agreement with IG Design Group plc. Through a subsidiary, IG Design Group will acquire CSS for $9.40 per share in an all-cash transaction valued at approximately $88 million.

CSS is a creative consumer products company focused on the craft, gift, and seasonal categories. IG Design Group—the largest consumer gift packaging business in the world—is a designer, innovator, and manufacturer of products that help people celebrate life's special occasions.

Partners Justin Chairman and Mike Baxter and associate Jacquelynne Hamilton led the Morgan Lewis team advising CSS.   

For more, read CSS’s announcement.