HIK Abalone Farm (Pty) Ltd.

Analysis of HIK Abalone Farm (Pty) Ltd.

HIK Abalone Farm (Pty) Ltd. is a South African aquaculture operation established in 1997 specializing in farming Abalone (Haliotis midae) for the Asian market. The company has gained recognition as a leading player in the Abalone aquaculture industry, with a focus on promoting sustainability and social upliftment through technological advancements and diversification.

Having received a Private Equity Round investment from Agri Vie in February 15, 2012, HIK Abalone Farm has showcased its commitment to global promotion of aquaculture. With annual abalone exports exceeding 140 tonnes and employing over 100 local individuals, the company has made significant contributions to the aquaculture and biodiversity spheres in South Africa.

The company's dedication to research and innovation reflects its mission to maintain leadership within the aquaculture industry. By focusing on a stress-free farm environment for Abalone and producing a top-quality product range highly valued among consumers, HIK Abalone Farm has solidified its position as one of the most successful and influential abalone farms in South Africa.

HIK Abalone Farm operates within the Agriculture, Food and Beverage, Manufacturing, and Waste Solution industries, underscoring its multifaceted approach to sustainable aquaculture operations in South Africa.