IGI Expands Global Certification Reach with Acquisition of AGL

IGI Expands Its Global Footprint through AGL Acquisition

The International Gemological Institute (IGI), renowned for its credibility as a diamond grading and certification authority, has taken a significant step forward by acquiring American Gemological Laboratories (AGL). This merger, announced on February 3, 2026, positions IGI to enhance its global presence in the realm of colored gemstone certification, a sector characterized by rapid growth and increasing consumer demand.

A Game-Changing Move for the Gemstone Industry

This acquisition combines IGI’s extensive global reach with AGL’s unparalleled expertise in colored gemstones. IGI operates a network of 35 laboratories and 21 gemological schools across ten countries, while AGL has long been at the forefront of gemological research and reporting in colored stones. Together, they aim to revolutionize certification practices and provide more transparency and innovation in the industry.

Tehmasp Printer, IGI's CEO, emphasized the transformational nature of this merger. He noted, “By merging AGL’s scientific leadership with IGI’s global platform, we’re creating a future-ready environment that grows without compromising integrity.” This new alliance is not just about expanding services; it’s about establishing a new standard of consistency in gemstone certification worldwide.

Enhanced Services and Continued Independence

The merger enables AGL to leverage IGI’s global infrastructure, allowing it to extend its services beyond the U.S. market. This strategic move will enable both organizations to diversify revenue streams in the booming colored gemstone segment while fostering long-term growth through enhanced research capabilities. Despite this acquisition, AGL will continue to operate independently, maintaining its headquarters in New York under the guidance of Chris Smith, AGL’s president and chief gemologist.

Smith stated, “This acquisition provides a unique opportunity for AGL to significantly upgrade its colored stone services. With the backing of Blackstone and IGI's international reach, we aim to enhance our standards of excellence and service across the globe.”

Strengthening Educational Programs

Additionally, IGI plans to bolster its educational initiatives by integrating AGL’s specialized scientific knowledge and research methods into its training programs. This combination is expected to set new benchmarks for gemological education and standardization practices.

A Long-Term Investment Vision

This acquisition is supported by Blackstone's long-term investment strategy, which aims to drive continuous growth and maintain scientific leadership within AGL. Founded in 1977, AGL has been a pivotal player in the gemstone market, being the first laboratory to offer origin reports on colored stones in the U.S. Its reputation for independence and scientific rigor has made it a trusted partner for luxury brands, auction houses, and private collectors alike.

The significance of this merger extends beyond mere business expansion. It aims to forge stronger connections between the U.S., the leading market for fine jewelry, and India, a global hub for gemstone manufacturing. This strategic link is expected to bring further dynamism to the gemstone certification industry.

In summary, the acquisition of AGL by IGI is a monumental step forward that promises to reshape the colored gemstone certification landscape. It leverages the best of both organizations and positions the combined entity to meet the growing demands of the global market while upholding the highest standards of quality and integrity.