International Gemmological Institute India Ltd Completes Acquisition of AGL Holdco Inc by Subsidiary

International Gemmological Institute India Ltd (IGI India) has announced the completion of the acquisition of AGL Holdco Inc by its step-down wholly owned subsidiary, International Gemmological Institute Inc (IGI USA). This acquisition was initially approved by the Board of Directors of IGI India in January 2026 and involved an investment in International Gemmological Institute BV (IGI Belgium), a wholly-owned subsidiary of IGI India, and investment by IGI Belgium in IGI USA. The acquisition of AGL Holdco Inc from Christopher P Smith and Helene Smith has resulted in AGL Holdco becoming a wholly-owned subsidiary of IGI USA and a step-down wholly-owned subsidiary of IGI Belgium and IGI India. Additionally, American Gemological Laboratories, LLC, a wholly-owned subsidiary of AGL Holdco, has become a step-down wholly-owned subsidiary of IGI USA, IGI Belgium, and IGI India.