C.I Banacol S.A

Name

C.I Banacol S.A

Legal name

C.I Banacol S.A

Website

https://banacol.co

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Fresh Produce Export (Bananas and Plantains)

SIC

Agricultural Production-Crops (100)

akta.pro primary industry

Import / Export Produce Wholesale (Cross-Border Trading) (AFAIACAH)

Keywords

• Banana export production
• Sustainable plantain farming
• Agroindustrial inputs supply
• Carbon neutral agriculture
• Tropical fruit export

Headquarters

HQ city

Urabá

HQ country

Colombia

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Others, Infrastructure, Marketing or Sales

Revenue model

1. Banana Production and Export: Core business involving the cultivation, harvesting, and international export of bananas. The company operates plantations in Colombia's Urabá region and exports sustainable produce to global markets.
2. Plantain (Plátano) Production and Commercialization: Production and sale of plantain as an additional agricultural commodity, complementing the banana export business.
3. Agroindustrial Inputs Commercialization: Sale of agricultural and industrial inputs required for farming operations, creating an integrated supply chain offering.
4. Plastics and Corrugated Cardboard Production: Manufacturing and commercialization of packaging materials including plastic products and corrugated cardboard for agricultural packaging needs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

C.I Banacol S.A produces and exports bananas (Banano) and plantains (Plátano) from its plantations in the Urabá region of Antioquia, Colombia, and sells them to international produce importers and retailers. The company also commercializes agroindustrial inputs required for farming operations and produces plastics and corrugated cardboard for agricultural packaging needs. Its commercial offering is anchored by Carbon Neutral and Rainforest Alliance certifications that differentiate its produce in international markets.

Product overview

C.I Banacol S.A is an agricultural production and export company with a diversified portfolio of four main product lines: (1) Banano (Banana) and Plátano (Plantain) as core agricultural products for export, (2) Insumos agroindustriales (Agroindustrial inputs) for commercialization, and (3) Plásticos y cartón corrugado (Plastics and corrugated cardboard) for production and internal/commercial use. The company operates as a unified agricultural enterprise with sustainability certifications including Carbono Neutro and Rainforest Alliance.

Differentiator

Problem solved

Functional benefit

Products and services

• Banano (Banana) Core agricultural product of C.I Banacol S.A; bananas cultivated on Banacol's plantations in the Urabá region of Antioquia, Colombia, and exported to international produce importers and retailers as a sustainably certified product.
• Plátano (Plantain) Complementary agricultural product to bananas; plantains produced on Banacol's Colombian plantations and commercialized alongside the banana export business.
• Insumos agroindustriales (Agroindustrial Inputs) Commercialization of agricultural and industrial inputs required for farming operations, sold by Banacol to local and regional agricultural producers as part of its integrated supply chain offering.
• Plásticos y cartón corrugado (Plastics and Corrugated Cardboard) Manufacturing and commercialization of plastic products and corrugated cardboard, primarily used for agricultural packaging needs supporting Banacol's produce operations.

Quantifiable outcome

• Carbon Neutral certification achieved 2022
• +3 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core.

• Fundación GreenLand (Fundación Banacol)coreStrategic or Co-development Partner · 18 December 2020The company's social foundation implements housing programs (Papagayo urbanization), nutrition programs, and community development initiatives. The Foundation delivers social programs that complement Banacol's business operations, supporting worker welfare and community wellbeing in the Urabá region.
• Alcaldía de CarepacoreStrategic or Co-development Partner · 18 December 2020Municipal government of Carepa partnered with Banacol for the Papagayo housing project, contributing to the delivery of 48 homes to local families.
• Caja de Compensación ComfamacoreStrategic or Co-development Partner · 18 December 2020Compensation fund that partnered with Banacol and other organizations for the Papagayo urbanization project, supporting housing access for workers and families.
• Cooperativa ConfiarcoreStrategic or Co-development Partner · 18 December 2020Credit cooperative that collaborated on the Papagayo housing project, contributing financial support for family housing solutions.
• Empresa de Vivienda de Antioquia - VIVAcoreStrategic or Co-development Partner · 18 December 2020Antioquia housing enterprise that partnered with Banacol for the Papagayo urbanization project, supporting affordable housing development in the region.
• ICONTECcoreStrategic or Co-development PartnerColombian standardization and certification body that awarded Banacol its Carbon Neutral certification in 2022 and recertified in 2023. ICONTEC provides third-party verification of the company's environmental sustainability claims.
• Rainforest AlliancecoreStrategic or Co-development PartnerInternational sustainability certification organization that provides Banacol with certification for responsible farming practices and environmental protection standards.
• CorpourabácoreStrategic or Co-development PartnerRegional environmental authority (Corporación Ambiental) that Banacol works with for water resource management, biodiversity protection, species relocation, and environmental compliance monitoring in the Urabá region.

Scale indicators4 records

Recent moves6 records

Direct peers

• Agrofair: Netherlands-based fair-trade and organic banana importer sourcing from Latin America. Directly comparable on sustainability-led positioning and European retail buyer relationships, though smaller in scale.
• Dole Food Company: Global banana and fresh produce leader with vertically integrated production, packaging, and distribution. Competes with Banacol for shelf space at the same international retailers and operates similar sustainability certification programs (Rainforest Alliance, carbon programs).
• Fyffes: Ireland-based banana and tropical produce distributor (now part of Sumitomo Corporation's fruit division). Sources heavily from Latin America and competes for the same international retail contracts, making it a natural counterpart in European supply chains.
• Uniban: Colombia's largest banana exporter, operating primarily in the Urabá and Magdalena regions with direct overlap to Banacol in geography, customer base (international retailers), and product mix (Cavendish bananas). Most directly comparable Colombian competitor.
• Fresh Del Monte Produce: Vertically integrated global producer and distributor of bananas and other fresh produce, including plantains. Comparable in product breadth (bananas, plantains, pineapples) and in supplying international supermarket chains with sustainability credentials.
• Chiquita Brands International: One of the world's largest banana producers with significant Latin American operations. Targets the same European and North American B2B produce buyer base as Banacol and pursues comparable sustainability and community-impact narratives.
• Compagnie Fruitière: France-headquartered, Africa- and Latin America-focused banana and fruit producer with integrated shipping and ripening operations. Competes in the same European B2B banana market with similar sustainability and fair-trade positioning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/c.i-banacol-s.a

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

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 C.I Banacol S.A