What Pinturas Condor does

Pinturas Condor is an Ecuadorian manufacturer of paints and coatings, headquartered in Quito and a subsidiary of the US-listed The Sherwin-Williams Company. Founded in 1939, the company employs 501-1,000 people and operates exclusively within Ecuador, producing architectural coatings, wood finishes, and metal/industrial coatings under sub-brands including CondorMix 2.0, PIN3, Super Corona, TAN, Condor Costa, T-kill, Permalatex, Decorlac, Klima, and Bucanero. The business also markets LEED-compliant formulations, signaling participation in the certified green-building specification segment.

The company's products are sold through a multi-channel mix: its own physical paint stores (depósitos Pinturas Condor), an e-commerce channel, and a network of trained professional painters and applicators, the latter developed and maintained through the Centro de Capacitación Técnica training center in Quito and Guayaquil. The training center has produced over 3,500 graduates with a 95% course completion rate and is reinforced by a 2020 partnership with the Universidad Internacional del Ecuador (UIDE) that formalizes the curriculum inside a university pathway. Multiple products carry INEN certifications, including the PIN3 Exterior Sello INEN (2024-2027) and the LVA Satinado interior line.

Revenue is generated through unit sales of paint and coating products across architectural, wood, and industrial end-markets, with no explicit segment revenue disclosure. The company has neither publicly disclosed revenue nor raised external capital as a standalone entity given its subsidiary status under Sherwin-Williams.

Name

Pinturas Condor

Legal name

Pinturas Condor

Website

https://pinturascondor.com

Company type

Private

Founded year

1939

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Pinturas Condor is an Ecuadorian paint and coatings manufacturer and a subsidiary of The Sherwin-Williams Company, founded in 1939 in Quito. It produces architectural, wood, and industrial coatings sold through retail stores, e-commerce, and a network of trained professional applicators across Ecuador.

Ownership category

akta.pro rank

Product category

Architectural Paints & Coatings

NAICS

Paint and Coating Manufacturing (325510), Paint and Coating Manufacturing (32551)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851)

akta.pro primary industry

Architectural & Decorative Painting (Interior/Exterior) (IMAIAKAA)

Keywords

• Architectural paint coatings
• Wood finishing products
• Industrial metal coatings
• Paint color matching
• Painting training programs

Headquarters

HQ city

Quito

HQ country

Ecuador

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Paint and Coating Sales: One-time product sales of architectural paints, wood finishes, metal coatings, primers, sealers, and related painting supplies through physical retail stores and e-commerce

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Pinturas Condor manufactures and sells paint and coating products across three specialized lines—architectural paints for interior/exterior masonry, wood finishes for furniture and flooring, and industrial coatings for metal protection—distributed through its own retail stores, e-commerce site, and certified professional network in Ecuador. The company complements its products with a digital color matching system (CondorMix 2.0), an environment simulator, and a UIDE-accredited technical training academy (Centro de Capacitación Técnica).

Product overview

Pinturas Condor is a paint and coatings manufacturer operating as a subsidiary of Sherwin-Williams, offering three main product lines: Línea Arquitectónica (architectural coatings for interior/exterior masonry), Línea Madera (wood finishing products for furniture and flooring), and Línea Metalmecánica (industrial metal protection coatings). The portfolio includes specialized products like Permalatex elastomeric paints, Super Corona architectural paints, TAN anticorrosive coatings, and wood preservatives. The company provides complementary digital tools including CondorMix 2.0 color matching system with over 1500 color combinations and an environment simulator. A technical training center (Centro de Capacitación Técnica) certified by Universidad Internacional del Ecuador offers professional painting courses.

Differentiator

Problem solved

Functional benefit

Brands

• CondorMix 2.0: Color mixing system with over 1500 color combinations
• PIN3
• Super Corona
• TAN
• Condor Costa
• T-kill
• Permalatex
• Decorlac
• Klima
• Bucanero

Products and services

• Línea Arquitectónica (Architectural Line) Main architectural paint line covering interior and exterior masonry surfaces, including specialties such as waterproofing, sealers, stuccos, and surface preparation products. Designed for residential and commercial applications and includes LEED-compliant products.
• Línea Madera (Wood Line) Wood finishing product line including furniture coatings, floor treatments, exterior wood finishes, solvents, stains, sealers, and lacquers for carpentry and woodworking applications.
• Línea Metalmecánica (Metal-Mechanical Line) Industrial metal finishing and protection line featuring primers, anticorrosive coatings, enamels, and surface preparation products for ferrous and non-ferrous metal surfaces used in industrial applications.
• CondorMix 2.0 Digital color matching and simulation system offering over 1,500 color combinations for the architectural paint line, enabling customers to visualize and select colors for their projects.
• Simulador de Ambientes Environment simulator tool allowing customers to preview how paint colors will look in different room settings before making purchasing decisions.
• Centro de Capacitación Técnica Technical training center offering certified courses in architectural painting and wood finishing, accredited by Universidad Internacional del Ecuador (UIDE). Has produced over 3,500 graduates with 95% course completion rate, operating training facilities in Quito and Guayaquil.
• Permalatex Elastomérico Elastomeric plastified paint of high quality designed for exterior use, offering durability, color preservation, high resistance to alkalinity and efflorescence, and waterproofing properties. Available in over 1,000 colors through the CondorMix system.
• Super Corona Architectural Paints Vinyl-acrylic architectural paint line (Intenso, Satinado, Premium) characterized by excellent washability, high yield, brushability, and fungus growth prevention for interior and exterior surfaces.
• TAN Metal Coatings Line Industrial metal coatings product family including desoxidant treatments, anticorrosive coatings, adhesion promoters, aluminum reflective coatings, varnishes, and aerosol spray paints for metal protection in industrial environments.
• T-kill Wood Preservatives Wood preservative designed to preserve all types of wood, preventing proliferation of mold and insects such as moths and termites, with fungicidal, bactericidal, and algaecidal characteristics. Available in liquid (T-kill Madera) and aerosol (T-kill Aerosol) formats.
• Vernin Laca Nitroceluloso Nitrocellulose-based lacquer modified with alkyd resins for providing high-quality finish to wood surfaces, featuring high solid content, excellent gloss and leveling, and rapid drying. Complies with NTE INEN 2283:2001.
• KLIMA Barniz Para Exteriores Varnish based on synthetic resins for exterior wood finishes formulated with ultraviolet ray absorbers, providing a smooth and waterproof film with high weather resistance. Complies with NTE INEN 2285:2001.
• Latex Pin3 Interior/Exterior Vinyl-acrylic architectural paint designed to decorate and protect interior masonry surfaces, complying with INEN NTE INEN 1544 for Type III architectural paint. Pin3 Exterior variant holds the PIN3 Sello INEN quality seal (valid 2024-2027).
• LVA Satinado Satin finish vinyl-acrylic architectural paint with good washability, excellent coverage, and compliance with INEN NTE 1544 Type II standard. Available in white and bases for color preparation in CondorMix 2.0.
• Resaflex 50% solid vinyl acrylic latex of high performance with excellent abrasion resistance, used for putty and as primer for surfaces to be painted, with good plasticity and excellent gloss and transparency properties.
• Bucanero Synthetic Enamel Fast-drying synthetic paint based on modified alkyd resins designed to provide great weather resistance. Suitable for metal, masonry interior/exterior, and wood surfaces.
• TINT Tinte Para Madera Highly concentrated solvent-based wood stains designed to color and beautify wood surfaces in general, with intense tones that do not discolor when applying the final finish.
• Lavaplus 100 Concentrated acid-based desincrustant product used for eliminating fungi, stains, and saltpeter on damp walls. Neutralizes and solubilizes hydroxides and salts with basic character.
• LEED Compliant Products Curated selection of Pinturas Condor products designated as compliant with LEED (Leadership in Energy and Environmental Design) green building certification requirements, supporting sustainable construction and green building projects.
• Annual Color Collections (Raíces, Legado, Étnica, Momentos) Annual color collections (Raíces, Legado, Étnica, Momentos) published as catalogs and digital resources showcasing color trends and design inspiration for consumers and professionals.

Quantifiable outcome

• 95% of training participants complete their courses
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Universidad Internacional del Ecuador (UIDE)coreStrategic or Co-development PartnerUIDE provides academic certification and validation for Pinturas Condor's Centro de Capacitación Técnica training programs. Students who complete the training receive professional certification accredited by the university in architectural painting and wood finishing specialties. This partnership ensures standardized quality education and recognized credentials for graduates.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Hempel: Global coatings supplier with strong presence in protective, marine, and industrial coatings across Latin America. Comparable on industrial protective metal coatings (TAN Desoximetal, TAN Antiox, TAN Aluminio) and exterior-wood finishes (Klima).
• RPM International: Specialty coatings holding company with portfolio of architectural and industrial coatings brands (Stauf, Zinsser, Rust-Oleum consumer). Comparable in addressing specialty architectural and wood-coating niches like Pinturas Condor's Línea Madera and TAN ranges.
• Axalta Coating Systems: Global coatings company with strength in industrial, refinish, and light-vehicle coatings. Comparable on the Línea Metalmecánica side (anticorrosive primers, enamels, metal-protection coatings) that Pinturas Condor addresses through its TAN line.
• Sherwin-Williams: Global #1 paint and coatings company and Pinturas Condor's parent. Operates a portfolio of country-specific architectural paint brands across Latin America (including Condor), so it directly sets the competitive context and product roadmaps the subsidiary executes against.
• Jotun: Norwegian global coatings major with established Latin American operations in protective, marine, and decorative paints. Comparable in regional protective and industrial coatings overlap with Pinturas Condor's metal and exterior-wood product lines.
• PPG Industries: Global coatings major with active architectural and industrial paint lines competing across Latin America (Comex, Glidden). Comparable in product breadth, channel structure (dealer + retail), and target customer mix of professional painters and contractors.
• BASF Coatings: Global chemical and coatings giant offering architectural, automotive, and industrial coatings. Comparable as a multinational competitor in raw materials, formulations, and regional distribution partnerships across Latin America.
• AkzoNobel: Global paints and coatings leader with strong Latin American presence through brands like Coral, Suvinil, and Alba. Competes head-on in architectural and decorative paints and has the financial firepower to pressure local pricing and distribution.

Regional players

• Suvinil: Brazilian architectural paint brand owned by AkzoNobel, dominant in retail DIY with strong color-tooling and digital presence. Comparable as a regional architectural paint brand competing indirectly in Latin American retail, with similar emphasis on color systems and consumer engagement.

Direct peers

• Pintal (Colombia): Colombian paint manufacturer also operating as a Sherwin-Williams subsidiary in the Andean region. Highly comparable as a sister brand: similar architectural and industrial product lines, similar retail/distribution model, and shared parent, making it the closest 'like-for-like' benchmark for Pinturas Condor's strategy and unit economics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PinturasCondor
• Xx.com/pinturascondor

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pinturas Condor