Palms
Palms is a privately held Peruvian agro-industrial company founded in 1979 that produces sustainable palm oil and cocoa using a vertically integrated model, employing 251-500 staff and serving markets in Latin America.
- Company typePrivate
- Founded1979
- HeadquartersSantiago De Surco, Peru
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
Palms firmographics
Firmographics- Name
- Palms
- Website
- https://palmas.com.pe
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Palms is a privately held Peruvian agro-industrial company founded in 1979 that produces sustainable palm oil and cocoa using a vertically integrated model, employing 251-500 staff and serving markets in Latin America.
- Ownership category
- akta.pro rank
Palms industry classification
Industry- Product category
- Palm Oil Production
- NAICS
- Fruit and Tree Nut Farming (1113), Oilseed (except Soybean) Farming (11112)
- SIC
- Agricultural Production-Crops (100)
- akta.pro primary industry
- Palm Oil Milling, Refining & Fractionation (AFAKAEAB)
Keywords
Where Palms is headquartered
LocationHeadquarters
- HQ city
- Santiago De Surco
- HQ country
- Peru
- HQ region
- Latin America
Markets served
Palms business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Supply Chain, Infrastructure, Technology or R&D
Palms product offering
Product offeringCore offering
Palms is a Peru-based agro-industrial company that cultivates and produces sustainable palm oil and cocoa through vertically organized operations spanning cultivation to production. The company processes raw agricultural inputs into sellable commodity outputs for downstream industrial buyers in food, personal care, and biofuel markets across LATAM.
Differentiator
Problem solved
Functional benefit
Products and services
- Sustainable Palm Oil Sustainable palm oil produced through the company's vertically integrated palm cultivation and production operations in Peru, intended for downstream industrial buyers in food processing, personal care, and biofuel manufacturing.
- Sustainable Cocoa Sustainably produced cocoa cultivated and processed by the company in Peru, supplied to chocolate manufacturers and food processors as a raw agricultural commodity.
Companies that use Palms
Customer profileIdeal customer profiles1 record
Palms technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Palms competitors and assessment
Company assessmentBroad incumbents
- Wilmar International: Singapore-headquartered agribusiness major with extensive palm oil and tropical oils operations globally. Operates in palm cultivation, milling, and trading as part of a broader food ingredient portfolio.
- Cargill: Global agribusiness with major palm oil and cocoa trading, processing, and sustainability programs. Overlaps with Palms across both palm oil and cocoa value chains, though as part of a vastly larger diversified portfolio.
- Sime Darby Plantation: One of the world's largest palm oil producers, with operations across Malaysia, Indonesia, and other geographies. A broad incumbent offering overlapping palm oil capabilities as part of a much wider plantation portfolio.
- IOI Corporation: Malaysian integrated palm oil producer with plantations, milling, and downstream refining. Comparable in palm oil cultivation and processing as part of a broader plantation and oleochemicals portfolio.
- Musim Mas: One of the largest integrated palm oil producers globally, with plantations, milling, and refining across Indonesia. Comparable in palm cultivation and processing, though at significantly greater scale and geographic spread.
- Olam (Olam Agri): Major global agri-business with significant palm oil, cocoa, and tropical products operations. Comparable in the dual palm-and-cocoa focus, though serving a much larger and more diversified customer base.
Direct peers
- Grupo Palmas: Peru's largest oil palm producer, headquartered in Lima and operating plantations and milling across the country. Directly comparable to Palms in product (palm oil), geography (Peru), and agro-industrial vertical integration.
- Daabon Group: Colombian agro-industrial group producing certified sustainable palm oil, specialty oils, and tropical products. Closely comparable as a LATAM palm oil producer with strong sustainability positioning, serving food and personal care customers.
- Indupalma: Colombian oil palm grower and processor with vertically integrated plantations and milling. A direct regional peer in LATAM palm oil cultivation and crude palm oil production.
Emerging players
- Barry Callebaut: World's largest cocoa processor and a major buyer of cocoa beans globally. Overlaps with Palms on the cocoa side of its business, particularly for any bean sourcing or processing ambitions.
Market position
Customer concentration
Palms financial estimates
Financial estimateRevenue estimate
Valuation estimate
Palms leadership team
Management profileNumber of profiles
Palms funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Palms M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Palms
What does Palms do?
Palms is a Peru-based agro-industrial company that cultivates and produces sustainable palm oil and cocoa through vertically organized operations spanning cultivation to production. The company processes raw agricultural inputs into sellable commodity outputs for downstream industrial buyers in food, personal care, and biofuel markets across LATAM.
When was Palms founded?
Palms was founded in 1979. It employs 251 to 500 people.
Where is Palms based?
Palms is headquartered in Santiago De Surco, Peru, in the Latin America region.
Who are Palms's main competitors?
Broad incumbents on record are Wilmar International, Cargill, Sime Darby Plantation, IOI Corporation, Musim Mas and Olam (Olam Agri). Direct peers are Grupo Palmas, Daabon Group and Indupalma. Barry Callebaut is listed as an emerging player.
Does Palms have an API?
No public API is recorded for Palms.
What industry is Palms in?
Palms's product category is Palm Oil Production. Its primary akta.pro industry code is AFAKAEAB, Palm Oil Milling, Refining & Fractionation. Its NAICS code is 1113 and its SIC code is 100.