Sucesores de Jacobo Paredes M. is an old Ecuadorian pasta and flour maker that quietly feeds millions. It recently bought a rival, betting that scale in a tough market matters more than going it alone. Full nameSucesores de Jacobo Paredes M. S.A. Ticker / exchangeNot a publicly listed company (the ticker JACOBO.EC is not tradable on the Quito or Guayaquil exchanges) HeadquartersQuito, Pichincha, Ecuador SectorFood manufacturing – pasta, flour, oats, wheat bran Employees792 (2024) Market valueNot applicable (private company) Yearly sales (revenue)USD 96.3 million (fiscal year 2024; revenue figure used …
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