This article possibly contains original research. (October 2019) |
Paspaley | |
Company type | Private company |
Industry | Aquaculture; Manufacturing; Wholesale and Retailing |
Genre | Pearling |
Founded | 1932 |
Founder | Nicholas Paspalis |
Headquarters | , |
Number of locations | 7 (2019) |
Area served | Worldwide |
Key people |
|
Products | Jewellery |
Brands | Paspaley Pearls |
Total assets | A$1 billion[1] (2012) |
Website | paspaleypearls |
Paspaley, officially the Paspaley Pearling Company, a private company, is Australia's largest[1] and oldest pearling company;[citation needed] that cultivates, farms, harvests, wholesales and retails South Sea pearls for the purposes of luxury jewellery supply and manufacture. Paspaley claims that it is a strong advocate of environmental responsibility within the pearling industry.[better source needed]
The Paspaley Group has a diversified portfolio of investments including a naval fleet, aircraft, a shopping mall, an office block, agriculture properties, resorts, and a vineyard. Members of the Paspaley family had an interest in Australia's largest immigration detention centre, located 35 kilometres (22 mi) south of Darwin, Northern Territory.[1]