PLYMOUTH MEETING, Pa.--(BUSINESS WIRE)--CSS Industries, Inc. (NYSE: CSS), a leading consumer products company within the craft, seasonal and celebrations markets, announced today that it has completed the acquisition of substantially all of the business and assets of The McCall Pattern Company and certain affiliated companies. McCall designs, manufactures, and sells sewing patterns under the McCall’s®, Butterick®, Kwik Sew® and Vogue Patterns® brand names. McCall is a leading provider of home sewing patterns, selling to mass market retailers, specialty fabric and craft chains, and wholesale distributors. Worldwide sales for McCall in the year ended December 31, 2015 totaled approximately $32.0 million. The cash purchase price totals $14.0 million and is subject to certain post-closing adjustments and indemnification obligations. The acquisition of McCall marks the fifth acquisition by CSS since May 2014. This acquisition is consistent with the Company’s strategy to expand its presence in the craft, seasonal and celebrations markets, primarily in North America, including selective acquisitions.

“As CSS integrates McCall’s operations into our business, we expect to realize significant efficiencies and revenue enhancement opportunities,” said Christopher J. Munyan, President and Chief Executive Officer of CSS. “McCall’s products and markets are highly complementary and we expect this combination will further our strategy of building on our existing relationships with craft, seasonal, and celebrations customers. When combined with our acquisition earlier this calendar year of the button business of Blumenthal Lansing Company, we have expanded and diversified our product line, which should enable us to grow our presence with the largest retailers in North America.”

CSS is a consumer products company within the craft, seasonal and celebrations markets that is primarily engaged in the design, manufacture, procurement, distribution and sale of all occasion and seasonal social expression products, principally to mass market retailers. These all occasion and seasonal products include craft ribbon and buttons, packaging ribbon and bows, sewing patterns, classroom exchange Valentines, infant products, journals, fashion buttons, boxed greeting cards, gift tags, gift card holders, gift bags, gift wrap, decorations, floral accessories, craft and educational products, Easter egg dyes and novelties, memory books, scrapbooks, stickers, stationery, and other items that commemorate life’s celebrations.