From experiment to empire
Abagold Limited has grown from humble beginnings as an experimental abalone hatchery 20 years ago, to a sizable operation incorporating three large abalone farms and a world-class processing plant. Through an entrepreneurial spirit instilled in every employee, the company today is one of the largest marine aquaculture operations in the world and one of the […]
R52,5m injection for Western Cape abalone farm
Local private-equity firm Inspired Evolution’s environmental and new energy technology fund has invested R52,5-million in Western Cape-based abalone farm Abagold. The Hermanus farm is the country’s largest exporter and international competitor in the hatching, rearing, processing and exporting of local abalone. Read more
Testing the water
While poachers risk life and liberty extracting abalone off the shores of Hermanus, the pricey abalone delicacy is being produced in tons not far away by Abagold, an SA aquaculture success story. Read More
Inspired Evolution invests R52.5m in Abagold
Inspired Evolution has invested R52.5m in South African shellfish farmer, Abagold. Inspired Evolution is understood to have made the investment jointly made with the Industrial Development Corporation, giving the investors a 25% stake of the company. Read More
Abagold supports CANSA Relay For Life
The CANSA Relay For Life concept was created as an all-night event to represent the fact that cancer never sleeps. Abagold was there to show our support. Read More
Groot planne vir perlemoenplaas
Abagold se drie perlemoenplase op Hermanus gaan in grootte verdubbel dansky ‘n belegging van R52,5 miljoen deur die private-ekwiteitsbelegger Inspired Evolution. Die belegging sal Abagold in staat stel om ‘n vierde perlemoenplaas op te rig. Lees Meer
Tractor cake for loyal employee
A man who loves tractors recently received a long service award from the company he has been part of for the past 10 years. Denis Usher, Abagold’s development manager, was honoured for his service to the company at a special function on Friday morning. Read More
Abalone farmer gets cash boost to increase exports
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. Read More
Abalone Project Gets R52m Injection
A local private equity firm’s environmental and new energy technology fund has invested R52.5 million (approximately $7,5million) in a Western Cape-based abalone farm, Abagold Limited, enabling the expansion of its abalone production capacity for exports and to set the global standard for cultivated abalone production. Read More
R52m for expansion
A R52.5 million financial injection from a SA new energy fund will double both Abagold’s current workforce of 270 employees and its annual production over 220 tons, of which 207 tons is exported. Read More
