Archive for the ‘ABAGOLD IN THE NEWS’ Category

Testing the water (Financial Mail)

Article as appeared on Financial Mail

Stafford Thomas
Thursday, 31 Mar 2011
While poachers risk life and liberty extracting abalone off the shores of Hermanus, the pricey delicacy is being produced in tons not far away by Abagold, an SA aquaculture success story.
Two decades ago this company helped pioneer what has become the world’s largest cultured abalone industry. [...]

Inspired Evolution invests R52.5m in Abagold (Private Equity)

Article as appeared on:

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. The private equity investor was attracted to the deal because of its strong management team, which it [...]

R52 M for expansion (Hermanus Times)

Article as appeared on 24 March 2011 in

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.
Abagold is SA’s largest exporter and international competitor in hatching, rearing, processing and exporting of abalone.
The [...]

Groot planne vir perlemoenplaas (Die Burger)

Artikel soos verskyn in

14 Maart 2011
Artikel deur: Hennie Duvenhage
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.
Dit sal nie alleen daartoe lei dat Abagold se jaarlikse opbrengs van meer as [...]

Tractor cake for loyal employee (Hermanus Times)

Article as appeared in the

on 10 March 2011
Article by: Kerry van Rensburg
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 [...]