Favorita continues developing its key business lines both domestically and internationally through its subsidiaries with the production, industrialization and marketing of products and services with the highest standards of quality and corporate socio-environmental responsibility.
We market bananas, pineapples and other tropical fruit, as well as dairy products, forestry products and African palm crops, fertilizers, agricultural supplies and plastic packaging; additionally we provide fumigation as well as maritime port services.
One of Favorita founding partners was the Commonwealth Development Corporation, which transferred its 10% share of corporate capital in August of 2004 pursuant to a stock repurchase agreement. Among our significant financing partners we include leading multilateral institutions such as the International Finance Corporation which is also one of our shareholders.
Favorita’s financial progress is evidenced in the continuous annual increase in its equity, sales, and assets, thus demonstrating its sustainable business practices in all facets of its operations.