MANDERLEY TURF PRODUCTS IS ONCE AGAIN RECOGNIZED AS ONE OF CANADA’S BEST MANAGED COMPANIES
Toronto, ON—May 5, 2021—Manderley Turf Products was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2021 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $25 million demonstrating leadership in the areas of strategy, capabilities and innovation, culture and commitment, and financials to achieve sustainable growth.
Now in its 28th 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.
“The past year has posed numerous challenges for Canadian businesses and has touched each and every one in some form or another—including this year’s Best Managed winners,” Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “They should be extremely proud of this designation and use it as a catalyst to continue the work they do each and every day. Their unwavering commitment to their people, and their adaptability amid a year of turmoil, has led them to this achievement and it mustn’t go unnoticed.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2021 Best Managed companies share commonalities that include (but are not limited to) enabling a remote workforce, making employee health a top priority, acting with an increased sense of purpose and social responsibility, and a significantly heightened focus on cash flow.
“We are especially proud to have retained our Best Managed Platinum Club status in what has been a challenging year,” said Wayne Moloughney, President, Manderley Turf Products. “Our team came together in a time of uncertainty, adapted, and most importantly, demonstrated incredible resilience in a year unlike any other.”
“CIBC is proud to be a sponsor of Canada’s Best Managed Companies, which celebrates the tremendous achievements of our country’s leading organizations across a wide array of industries”, said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “And in light of this past year, these winners were not only able to weather the immediate challenges of the pandemic, but in this new disruptive environment were able to set a course for future growth and investment.”
2021 winners of the Canada’s Best Managed Companies award will be honoured at a virtual gala. The Best Managed virtual 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. For more information, visit www.bestmanagedcompanies.ca.
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About Manderley Turf Products www.manderley.com
For over 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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