July 12, 2016
The LANG Companies, Inc. changes ownership
The LANG Companies, Inc. has been acquired by IG Design Group. Through this new acquisition, The LANG Companies, Inc. will now be a part of IG Design Group Americas Inc., an internationally acclaimed gift wrap, gift bags, greeting cards, calendars, creative play and stationery business offering high-quality, design-driven products on an international level.
“This is the first major acquisition for IG Design Group Americas in nine years and we are delighted to take this important step forward in the continued growth of our Americas’ business. Combined, we are now one of the largest sellers of art wall calendars in the world, stated Gideon Schlessinger, CEO at IG Design Group Americas. “We see the addition of the LANG brand as being an important milestone in the development of our business.”
“It makes sense, as gift and specialty industry leaders to join together and continue building our brands stronger,” said Julie Smith, CMO at The LANG Companies, Inc. “This new acquisition will enable us to grow both internationally and domestically and leverage synergies with IG Design Group.”
For IG Design Group, LANG is the first business in their portfolio with a large scale direct to consumer capability. Between the LANG.com website and consumer catalogs, this is an opportunity for additional growth utilizing LANG’s extensive loyal consumer base.