IG Design Group (IGR): DG Americas wind-down

This situation live

IGR IG Design Group

£87m · 90.0p · +61% since the first step

28 Oct 2025 · Sold to Hilco; Hilco running sale process · −19% until the next step Hilco's sale process of Design Group Americas, Inc. is progressing, and the potential future net proceeds, if any, will be determined upon completion of the wind-down of the business.

2 Dec 2025 · Sold 30 May 2025; Hilco realising; proceeds valued at nil · +76% until the next step Hilco is conducting a realisation of the DG Americas group entities through asset sales and liquidations, with any future net proceeds to the Group contingent on completion of this process.

16 Jun 2026 · Hilco realising; proceeds still valued at nil · +13% since As at 31 March 2026, the expected cash flows from any potential future proceeds were assessed to have a fair value of £nil.

Disposal of a part (break-up)

DG Americas wind-down

Hilco realising; proceeds still valued at nil

Next: Hilco realisation of DG Americas entities

Every step · 3

28 Oct 2025 Sold to Hilco; Hilco running sale process – Hilco's sale process of Design Group Americas, Inc. is progressing, and the potential future net proceeds, if any, will be determined upon completion of the... ↗
2 Dec 2025 Sold 30 May 2025; Hilco realising; proceeds valued at nil – Hilco is conducting a realisation of the DG Americas group entities through asset sales and liquidations, with any future net proceeds to the Group... ↗
16 Jun 2026 Hilco realising; proceeds still valued at nil – As at 31 March 2026, the expected cash flows from any potential future proceeds were assessed to have a fair value of £nil. ↗

What is happening

IG Design Group: DG Americas wind-down – Hilco realising; proceeds still valued at nil. ['Hilco realising; proceeds still valued at nil']

In short: DG Americas was sold to Hilco on 30 May 2025 and Hilco is realising the entities. The FY2026 results show a £110.2m loss on disposal and a £117.7m loss from discontinued operations. Future proceeds remain valued at £nil.
Announced: 28 Oct 2025 · Sold to Hilco; Hilco running sale process
Latest: 16 Jun 2026 · Hilco realising; proceeds still valued at nil
Buyer: Hilco, completed 30 May 2025
Loss on disposal: £110.2m; loss from discontinued operations £117.7m
Future proceeds: Fair value £nil at 31 March 2026

What comes next

Hilco realisation of DG Americas entities.

Briefing

IG Design Group in 4 minutes

IG Design Group makes wrapping paper, Christmas crackers, greetings cards and stationery for retailers such as Tesco, Costco and Aldi. In May 2025 it sold its loss-making US arm, which was 60% of revenue, for $1...

Act 1A three-year turnaround that worked at first
Act 2The US market turns against it
Act 3Selling the Americas for $1

Read the briefing →

From the company's own announcements. Not investment advice.

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