HIK Abalone Farm started in 1997, with the construction of the first grow-out platform. A hatchery soon followed in 2002 to the ensure the self-sufficiency of the company. HIK has gone from strength to strength in the last decade, with current annual abalone exports of over 150 tonnes. HIK currently employs 110 people, 30 of whom are occupied in highly specialised mid- to senior-management positions. We have strong marketing ties in the Far East, and our loyalty and commitment to our agents, coupled with our renowned product quality, has enabled us to capture a large part of the farmed South African abalone market. Our company vision includes promoting sustainability and social upliftment through technological advancements, education and diversification.
HIK recognises the need for diversification in order to maintain our competitiveness in today's economic climate. To this end, we have invested in two new companies, namely, Aquapemba SA, an offshore kob farm based in Pemba Bay, Mozambique, and Marifeed (Pty) Ltd, a local feed producing company specialising in the production of abalone and finfish diets.
HIK Abalone Farm is committed to exceeding industry standards through the continued evaluation of candidate aquaculture species and the adoption of best-practice environmental policies. Throughout our operational areas we employ a holistic and inclusive approach to business development. This includes engaging with relevant stakeholders and promoting social and economic devlopment and community empowerment at local and national levels.