IG Design, which makes greetings cards and allowance wrapping, has appear affairs to buy US-based allowance packaging maker Impact Innovations for £56.5m on a banknote and debt chargeless basis.
The Bedfordshire-based company said it had aloft £50m through a allotment agreement to advice armamentarium the acquisition.
The accord will accomplish IG Design Group the better allowance packaging business in the world, with the accumulated business accounting for about 22pc of the all-embracing customer allowance packaging bazaar in the US and Canada.
IG said it would be authoritative the best of parties about the Super Bowl Sunday, Thanksgiving and the US Independence Day with its new acquisition, and will be additional by the growing bazaar in America for seasonal…
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