Candiac (Québec), May 5th, 2021 – Fenplast is pleased to announce that it has once again been named one of Canada’s Best Managed Companies for the seventh consecutive year, reaching Platinum rank, the highest level of recognition reserved by this program. This national distinction is only awarded to a few companies annually, which makes it even more prestigious.
In recent years, the company has made a significant number of acquisitions to secure its network of retailers and to acquire additional manufacturing capacities.
« It was seven years ago, when we first participated in the Best Managed Companies program, that we realized the seriousness of this competition. The rigorous qualification process has convinced us that nothing is left to chance. This allowed us to highlight our strengths as well as our areas for improvement. As new members of the Platinum Best Managed Club, we measure how far we have come, but above all, we set our next goals, becoming a real source of motivation for the whole team. », declared Jean Marchand, president of Fenplast. He adds: « Unfortunately, too few Quebec firms are part of this Select Club, we hope to inspire others. »
Fenplast is incredibly proud of this nomination and what it means. It underlines its commitment to develop and enhance the experience of its employees, partners, and customers. It is an honor that it shares with them, without whom this distinction would not have been possible.
Celebrating Canadian Success
Created in 1993, the competition for the best managed companies in Canada (the Best Managed) is the main award program of companies in the country. Its purpose is to recognize the excellence of companies that are owned and managed by Canadians, and with sales of over $ 25 million.
Each year, hundreds of companies participate in an independent and rigorous process that assesses their management capabilities and practices. The program sponsors are Deloitte, CIBC, Canadian Business, the Smith School of Business at Queen’s University and the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSXV), owned and operated by TMX Group. To find out more, visit http://www.bestmanagedcompanies.ca
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