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Fenplast requalified Gold Winner among Best Managed Categories

Fenplast was a winner of Canada’s Best Managed Companies program in 2014 and requalified in 2020 to maintain its status as a Best Managed Gold Winner company.

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Fenplast requalified Gold Winner among Best Managed Categories

Fenplast was a winner of Canada’s Best Managed Companies program in 2014 and requalified in 2020 to maintain its status as a Best Managed Gold Winner company.

[All News]

Candiac, QC – March 5, 2020 – Fenplast was a winner of Canada’s Best Managed Companies program in 2014 and requalified in 2020 to maintain its status as a Best Managed Gold Winner company. 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.

Obtaining this prestigious title is undoubtedly linked to Fenplast’s perpetual pursuit of best practices implemented in all spheres of its organization, its vision turned towards innovation as well as the aggressive acquisition program in the windows and doors industry.

“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.

“I find this nomination very prestigious since this competition is of a national scale. It’s a great way to showcase our organizational culture and the hard working people that are the secret of Fenplast’s success. The challenge now is to continue improving our business practices so that we can maintain these honors for the long term, “said Jean Marchand, President of Fenplast.

“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. For more information, visit www.bestmanagedcompanies.ca.

Contact information: Sylvain Arbour, Marketing Manager ▪ 514-990-0012, ext. 2401 ▪ sylvain.arbour@fenplast.com

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