Archive for the tag: ‘Michael Brooks’

R52,5m injection for Western Cape abalone farm (Engineering News Online)

 Article as appeared on Engineering News (1 April 2011)       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. The financial […]

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 […]

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, […]

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 […]

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 […]