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Ig Design Group Plc
Completion of surplus UK warehouse sale
Business
Mar 25 2026
4 min read

Completion of surplus UK warehouse sale

25 March 2026

 

IG Design Group plc

(the "Company", the "Group" or "Design Group")

Completion of surplus UK warehouse sale

 

IG Design Group plc, a leading designer, innovator and manufacturer across various celebration and creative categories, announces that its subsidiary, IG Design Group UK Limited, has completed the sale of a surplus warehouse at Hirwaun Industrial Estate, Aberdare to the Welsh Government for c.£3.1 million. As previously indicated in the February 2026 trading update, this disposal forms part of the Group's efforts to strengthen its balance sheet. The carrying value of the site was £0.1 million and the sale will realise a profit of £2.9 million (after £0.1m of selling costs and taxes).

 

​For further information, please contact:


IG Design Group plc

Tel: +44 (0)1525 887310

Stewart Gilliland, Interim Executive Chair


Rohan Cummings, Chief Financial Officer


Canaccord Genuity Limited (Nomad and Broker)

Tel: +44 (0)20 7523 8000

Bobbie Hilliam


Elizabeth Halley-Stott


Alma Strategic Communications

Tel: +44 (0)20 3405 0205

Rebecca Sanders-Hewett

[email protected]

Sam Modlin


Will Merison