Le-Sel Research (Pty) Ltd, one of the largest home and personal care contract manufacturers on the African continent, announced today that :
1. The Industrial Development Corporation will acquire a 25.1% shareholding in Le-Sel Research.
2. Total investment from the IDC of R157.5m in the form of equity and debt funding
3. Trinitas Fund General Partner (Pty) Ltd will also increase its funding to Le Sel.