International Diamond Laboratory Dubai welcomes Shaunak Shastree & Francesco Natale as new owners

With founder Peter Meeus transferring leadership to Shastree and Natale who have over 35 years of experience each, the new owners bring deep industry expertise and a shared vision for growth to IDL

Dubai: International Diamond Laboratory (IDL), Dubai, one of the leading providers of jewels grading and reporting services in the region, today announced a change in ownership. Peter Meeus, the founder and owner of IDL Dubai, has transitioned ownership to Shaunak Shastree and Francesco Natale, effective immediately.

“It has been an honor to have been involved with IDL Dubai since its inception in 2006 and contribute to the thriving precious jewels community in this region which has undergone tremendous changes with Dubai’s exponential growth,” said Peter Meeus. “I am happy to pass the baton to Shaunak and Francesco, who both with their extensive experience and passion for the industry, will successfully steer IDL into an even brighter future. I wish them and the entire IDL team all the very best.”

Shaunak Shastree and Francesco Natale bring a wealth of experience and expertise of over 35 years each to IDL Dubai. While Francesco has been the Chief Gemologist and Lab Director at IDL since the past 16 years, Shaunak has worked in senior leadership positions with some of the most reputed organizations in the precious jewels industry.

They are both highly respected professionals, possessing a deep industry understanding and a shared vision for the future of jewels research & reporting. “We are thrilled and honoured to take the helm at International Diamond Laboratory Dubai,” stated Shaunak Shastree and Francesco Natale in a joint statement. “Peter Meeus has built an exceptional organization, and we are committed to upholding its high standards and reputation. We look forward to working with the talented IDL team to further enhance our services and lead as innovators to serve the needs of our valued clients in Dubai and beyond.”

The new ownership is committed to ensuring a seamless transition for all clients and partners. IDL Dubai will continue to operate from its current location at ‘The Gold & Diamond Park’, Dubai and maintain its full range of services without interruption. Clients can expect sincere dedication to quality and service that IDL Dubai is known for, with a renewed focus on technological advancements, knowledge leadership and the guardianship of public trust.

About International Diamond Laboratory (IDL) Dubai

IDL was established in 2006 as an independent gemology research organization specializing in Gemology Reports for diamonds, gemstones, and jewelry. Over the past 18 years, IDL has published more than 2 million reports, setting the paragon standards for trust and excellence for the trade and consumers alike. IDL is an ISO/IEC 17025:2017 accredited laboratory, certified by the International Accreditation Services.

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