IDI invested in Group Label.

IDI, the listed investment company, investing in growth capital, invested in Group Label, a pure player of online retail of security and comfort home products. Financial terms were not disclosed. Emin Alaca, CEO, comments: “We are glad to welcome IDI as a new partner. We have found a partner that shares our entrepreneurial values and can accompany our group in the long-run. With IDI’s support, we will thrive to increase the brand awareness, strengthen our geographic footprint and enter adjacent product segment: we will, for instance, launch a range of made measure aluminum windows in March 2019. We have been working restlessly over the past months to develop a 3D configurator which will allow our clients to visualize their tailored windows and get a full quote considering all aspects of the personalization”