BROADGRAIN COMMODITIES IS PROUD TO BE A GOLD STANDARD WINNER IN 2020, AND HAS BEEN A CANADA’S BEST MANAGED COMPANIES WINNER SINCE 2015!
Toronto, ON –March 5, 2020–BroadGrain Commodities 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 $25million demonstrating investment in talent and technology, innovation in a competitive environment, and an increased focus on global competition. Now in its 27thyear, 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.
BroadGrain Commodities Inc. is a privately owned Canadian corporation focused on domestic Canadian grain handling and international grain trading with annual revenues exceeding $800 million dollars and annual volume over 1.8 million metric tonnes. BroadGrain is headquartered in Toronto, with principal domestic trading office in Stratford, Ontario. The BroadGrain group of companies has international offices located in Jordan, Nigeria, China, Argentina, Algeria, and UAE. The company has elevator and processing assets in Seaforth and Brinston, Ontario, and a processing facility in Dafoe, Saskatchewan, and its African subsidiary has a processing facility in Kano, Nigeria, also most recently opening a feed facility in Algeria.
“Throughout the program’s 27-year history, thousands of private companies have competed for this designation,” said Peter Brown, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “This year’s winners have proven that they are continually and deliberately pushing boundaries; they are competitive about their place on the world stage. This is evident in their unwavering commitment to clear and concise strategies, their capability to clearly prove and articulate their sustained competitive advantage, and their commitment to the lifeblood of their organization: their people, with specific focus on developing next gen leaders.”
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 strategy and vision, investment in capability to invest in R&D, tools and proprietary equipment, and a strong emphasis on corporate social responsibility.
“The success of our company stems from the talent and hard work of our employees and leaders. As a company, we recognize in order to stay competitive in today’s market, we need to nurture the growth and development of our teams, which will naturally lead to the progress of BroadGrain. We will always continue to strive for the best in every aspect of what we do.” said Zaid Qadoumi, CEO.
“This year’s Best Managed winners are a testament to the success found when businesses are deliberate about seizing the opportunity to do better; they invest in game-changing technology, commit to their corporate purpose and social responsibility, and solidify their place on the world stage,” said Kari Lockhart, Partner, Deloitte Private and Co-Leader, Canada’s Best Managed Companies program. “Canada’s Best Managed Companies celebrate a community of the strongest private businesses that shape our country and fuel Canada’s competitiveness, creating sustainable economic growth in an evolving global market.”
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.
For further information, please contact:
bestmanagedcompanies@deloitte.ca
www.bestmanagedcompanies.ca
Diana Naguib
BroadGrain Commodities Inc.
416-504-0070 ext 310
www.broadgrain.com