Abalone farmer gets cash boost to increase exports (Business Day)
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Inspired Evolution puts R52,5m into Western Cape abalone farm.
SUE BLAINE
Published: 2011/03/10 07:10:00 AM
SOUTH African private equity firm Inspired Evolution had put R52,5m into a Western Cape abalone farm, it was announced yesterday.
The investment, jointly made with the Industrial Development Corporation, was through a 25% black economic empowerment stake in Hermanus-based Abagold .
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