Corporacion Favorita C.A.
Corporacion Favorita C.A.'s Overview
Corporación Favorita C.A. is one of Ecuador's largest and most influential business groups, with a primary focus on the retail sector through its well-known supermarket chains Supermaxi, Megamaxi, Akí, Gran Akí, and Super Akí. Beyond retail, the corporation has diversified interests in commercial real estate (managing shopping centers like Mall El Jardín, Mall del Sol, and CityMall), industrial production (food and non-food items for its brands), and has made inroads into the energy sector. Founded on principles of quality, customer service, and community development, Corporación Favorita is a key player in the Ecuadorian economy and has expanded its operations to Panama through the acquisition of Rey Holdings Corp. The company is committed to sustainable practices and supporting local producers.
Where is Corporacion Favorita C.A.'s Headquarters?
HQ Function
The headquarters houses the executive leadership and central administrative functions, including strategic planning, finance, human resources, marketing, legal, and oversight of all business units (retail, real estate, industrial, energy).
Notable Features:
A modern, purpose-built office facility designed to accommodate a large corporate staff. It likely features contemporary architecture and amenities conducive to a productive work environment, possibly incorporating sustainable building practices.
Work Culture:
The work culture at Corporación Favorita's headquarters is typically professional, dynamic, and results-driven, reflecting its status as a leading national corporation. There's a strong emphasis on efficiency, innovation in retail and operations, and fostering Ecuadorian talent.
HQ Significance:
The Quito headquarters is pivotal for the strategic direction and operational control of Corporación Favorita's vast network of supermarkets, shopping malls, and industrial plants. It's where key decisions are made that impact thousands of employees and millions of customers.
Values Reflected in HQ: The headquarters likely reflects values such as leadership, operational excellence, commitment to Ecuador (as a 'Proudly Ecuadorian' company), and a forward-looking approach to business and sustainability.
Location:
Corporación Favorita's primary operational footprint is in Ecuador, where it is a dominant force in retail and real estate. Its most significant international presence is in Panama, following the acquisition of Rey Holdings Corp., which operates a major supermarket chain. Globally, the company engages in sourcing products from various countries to supply its retail stores and may export some Ecuadorian products. Its global functions support international procurement, logistics for imports, and strategic management of its Panamanian subsidiary.
Street Address:
Av. General Eloy Alfaro N70-29 y Gaspar de Villarroel
City:
Quito
State/Province:
Pichincha
Country:
Ecuador
Corporacion Favorita C.A.'s Global Presence
Panama City, Panama
Address: Vía Cincuentenario, Edificio Rey (Rey Holdings Corp. HQ), Panama City, Panama
To lead and grow Corporación Favorita's retail market share in Panama, adapt business models to the local context, and serve as a base for potential further expansion in the Central American region.
Amaguaña, Pichincha/Ecuador
Address: Centro de Distribución Nacional (CDN), Km 16 Vía Amaguaña, Sector Chillo Jijón, Amaguaña, Ecuador
To ensure optimal product availability, freshness, and timely delivery to all Supermaxi, Megamaxi, Akí, and other affiliated stores throughout Ecuador, thereby supporting the core retail operations of the company nationwide.
Guayaquil, Guayas/Ecuador
Address: Various administrative offices supporting regional operations and specific business units like shopping malls (e.g., Mall del Sol). Specific consolidated office address not singularly published, often co-located or near major assets.
To manage and support the extensive retail and real estate operations in the coastal region of Ecuador, which is a key market for the company. Provides localized support and decision-making for business units in this economically vital area.
Buying Intent Signals for Corporacion Favorita C.A.
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Executive Team of Corporacion Favorita C.A.
As of April 2025, Corporacion Favorita C.A.' leadership includes:
Investors of Corporacion Favorita C.A.
Corporacion Favorita C.A. has been backed by several prominent investors over the years, including:
Executive New Hires/Exits in the Last 12 Months
Based on publicly available information and major news outlets, there have been no widely publicized high-profile C-suite executive hires or departures at the Corporación Favorita parent company level in the last 12 months. The top executive team appears to have maintained stability during this period. Any changes would likely have been internal promotions or not deemed significant enough for broad public announcement.
Technology (Tech Stack) used by Corporacion Favorita C.A.
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Corporacion Favorita C.A. Email Formats and Examples
Corporación Favorita likely employs standard corporate email formats. Common patterns include using the first initial followed by the last name, or the full first name separated by a dot from the last name, combined with their corporate domain.
Common formats: [first_initial][last_name]@corporacionfavorita.com (e.g., jdoe@corporacionfavorita.com) OR [first_name].[last_name]@corporacionfavorita.com (e.g., juan.perez@corporacionfavorita.com). The specific dominant pattern would require internal confirmation.
Format
mdeller@corporacionfavorita.com (example, using a common [first_initial][last_name] pattern for Michel Deller)
Example
75%
Success rate
News and media
Ekos Negocios • April 30, 2024
Corporación Favorita Presents its 2023 Sustainability Report
Corporación Favorita officially released its 2023 Sustainability Report, highlighting its achievements and ongoing commitments in environmental stewardship, social responsibility, and corporate governance. The report details various initiatives aimed at reducing environmental impact, supporting local communities and suppliers, and promoting ethical business practices across its operations....more
Primicias.ec • February 27, 2024
Corporación Favorita's profits grew to USD 170 million in 2023
Corporación Favorita reported net profits of USD 170 million in 2023, marking an increase from the previous year. The company attributed its growth to strong performance in its retail segment, particularly its Supermaxi and Megamaxi brands, and continued investment in expansion and efficiency. This result underscores its solid financial health and market leadership in Ecuador....more
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