Blockchain Registration Transaction Record

DGA Wins Court Approval for Major Asset Sales Across Multiple Business Segments

IG Design Group Americas receives court approval for asset sales across stationery, gift, sewing & play segments to multiple buyers, ensuring brand continuity and operations.

This restructuring impacts consumers and retailers who rely on DGA's extensive portfolio of popular brands across stationery, gifts, crafts, and play products. The court-approved sales ensure continuity for beloved brands like Perler beads, C.R. Gibson stationery, Paper Magic gifts, and Boye sewing supplies, preventing product shortages and maintaining availability in retail stores. For employees, the transactions preserve jobs at facilities like the Berwick plant, while new ownership may bring fresh investment and innovation to these established brands. The smooth transition minimizes disruption to supply chains that serve major retailers globally, ensuring consumers can continue to access these products for celebrations, crafts, and creative activities.