Pestell Minerals & Ingredients is a 2018 Winner of the Canada’s Best Managed Companies Program
NEW HAMBURG, ON, March 8th, 2018 – Pestell Minerals & Ingredients was recognized for overall business performance and sustained growth with the prestigious Canada’s Best Managed Companies designation. The 2018 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
Now in its 25th year, Canada’s Best Managed Companies is 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.
As a leading supplier in minerals and ingredients for the animal feed and agricultural industry, Pestell Minerals & Ingredients has demonstrated 45 years of business excellence and sustainable growth in response to the world’s growing population and the rising demand for food resources. With their head office & warehouse located in New Hamburg, Ontario, they employ 80 staff and are an official “Champion Living Wage Employer” – a commitment to fair living wages for employees by employers. In the past three years, they expanded to a 130,000 square foot warehouse & distribution facility, acquired three Canadian agri businesses, built a new state-of-the-art office and opened an in-house quality assurance laboratory.
“Being amongst the best in class requires more than financial performance,” said Lorrie King, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “Achieving sustained growth and strong overall business performance is the result of the combined efforts and commitment of the entire organization.”
Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2018 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.
“I am extremely proud of our staff and leadership team for their efforts in achieving this honour, they are the key reason we have received this award,” said Don Pestell, Chairman and founder of Pestell Minerals & Ingredients. “In addition to thanking our employees, I would like to recognize our customers, suppliers and shareholders for placing their trust in us. We plan to continue to pursue and accelerate our strategy of providing the broadest offering of quality tested and safety certified feed ingredients,” said Peter Brunelle, President of Pestell Minerals & Ingredients.
2018 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 11th, 2018. 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, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
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 $15 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, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.
About Pestell Minerals & Ingredients
Pestell Minerals & Ingredients deals in Agriculture. Since 1972 it has specialized in the supply of Feed Ingredients, Macro & Trace Minerals, Specialty Feed Additives, Bird Food Ingredients, Fertilizers and Salt products to the Agricultural Feed and Crop markets.
Working with producers around the globe, it provides sourcing, logistics, production and warehousing services through its HACCP certified production and warehouse facilities in New Hamburg, Ontario. Additionally, the company utilizes 12 strategically located warehouse facilities to ensure the efficient and reliable supply of quality-tested safe products to customers across North America.
For further information, please contact: