Wesgroup Equipment named one of Canada’s Best Managed Companies
March 7, 2018
Toronto, ON – March 8, 2018 – Wesgroup Equipment and its Family of Companies 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 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.
“Being amongst the best in class requires more than financial performance,” said Peter Brown, 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 believe in being relentless in the pursuit of excellence in all aspects of business. The Best Managed Program provides a unique opportunity to take a 360° review of how we manage our business, recognize what we are doing well and reflect on opportunities for improvement,” said Dhar Dhaliwal, CEO of Wesgroup Equipment.
“This tremendous recognition is a result of the hard work and commitment of our team to better our organization. We are honored and humbled to receive this award and be in the company of all the other winners that exemplify excellence in their businesses."
“CIBC is pleased to congratulate Wesgroup Equipment on being named one of Canada’s Best Managed Companies, recognizing its excellence in leadership, business performance and innovation,” said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. “As a sponsor of the Canada’s Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies Wesgroup Equipment as leaders in their industry.”
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 11, 2018. The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.
About Wesgroup Equipment Wesgroup Equipment is a full-service construction equipment and material handling distributor operating in British Columbia. Proud of our BC heritage, we have chosen Surrey, BC as our head office, but we cover the entire province operating out of 7 different locations throughout BC. Wesgroup Equipment and our Family of Companies is made up of: Williams Machinery, Westerra Equipment and Vermeer BC. With our strong footprint and great range of products we are committed to becoming a leader in the industry by growing a culture that exemplifies service and prioritizes relationships over transactions.
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.
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