MANDERLEY TURF PRODUCTS IS ONCE AGAIN RECOGNIZED AS ONE OF CANADA’S BEST MANAGED COMPANIES
Toronto, ON – March 5, 2020 – Manderley Turf Products was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2020 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition.
Now in its 27th year, Canada’s Best Managed Companies remains one of the country’s leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the calibre of their management abilities and practices.
“Businesses today are faced with many challenges and must stay focused and agile in order to sustain and drive growth. They need to demonstrate resilience and commitment to their people, their purpose and their competitive position in the Canadian business world and this year’s Best Managed winners are doing just that,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “These companies can celebrate their accomplishments today, and should be excited for tomorrow.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2020 Best Managed companies share commonalities that include (but are not limited to) a clear and concise strategy, capability to invest in R&D, tools and proprietary equipment, and a strong emphasis on corporate social responsibility.
“The Manderley team is proud to have retained our Platinum Club status with the Best Managed Companies program again this year,” says Wayne Moloughney, President, Manderley Turf Products. “We continue to be committed to innovation, always improving, and we look forward to raising the bar as we head into our 60th year of business.”
“CIBC congratulates 2020’s Canada’s Best Managed Companies, who are not only at the forefront of their industries, but among privately held companies across Canada,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “The success of these companies is built on continued investment in top talent, an ongoing focus on innovation and a well-defined path for the future.”
2020 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 1, 2020. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $25 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.
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About Manderley Turf Products
For 60 years, Manderley has been a leader in the landscape industry, helping to grow greener communities by providing high quality, innovative lawn and garden products. Manderley is Canada’s largest sod producer, with over 60 million square feet sold annually. Manderley sod is grown and sold in the areas surrounding Ottawa, Montreal, Calgary, and Edmonton. Manderley is committed to making lawns more efficient by offering more sustainable choices, including their Less Water Sod, which consumes as little as half the water of a conventional lawn, and providing products such as seed, fertilizer and soil along with the know-how to keep a lawn healthy and looking great.
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