Articles

FOR THE SECOND YEAR IN A ROW, BROADGRAIN COMMODITIES IS PROUD TO BE A GOLD STANDARD WINNER IN 2019, AND HAS BEEN A CANADA’S BEST MANAGED COMPANIES WINNER SINCE 2015!!

<p class="text-heading">March 7, 2019</p><p><strong>FOR THE SECOND YEAR IN A ROW, BROADGRAIN COMMODITIES IS PROUD TO BE A GOLD STANDARD WINNER IN 2019, AND HAS BEEN A CANADA&rsquo;S BEST MANAGED COMPANIES WINNER SINCE 2015!!</strong></p> <p><br />Toronto, ON- March 7, 2019- BroadGrain Commodities Inc., was recognized for overall business performance and sustained growth with the prestigious Canada&rsquo;s Best Managed Companies Designation. The 2019 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 sustained growth.</p> <p>Now in its 26th year, Canada&rsquo;s Best Managed Companies is one of the country&rsquo;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.</p> <p>BroadGrain Commodities Inc. is a privately owned Canadian corporation focused on domestic Canadian grain handling and international grain trading with annual revenues exceeding $700 million dollars and annual volume over 1.8 million metric tonnes. BroadGrain is headquartered in Toronto, with a principle 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, alongside a new facility being developed in Algeria.</p> <p>&ldquo;This year&rsquo;s Best Managed winners are a testament to the success found when businesses invest in talent, innovate intentionally, and think long-term,&rdquo; said Peter Brown, Partner, Deloitte Private and Co-Leader, Canada&rsquo;s Best Managed Companies program. &ldquo;These companies should be proud of this achievement, and their responsibility in acting as role models for other Canadian businesses.&rdquo;</p> <p>Applicants are evaluated by an independent judging panel comprised of representatives from program sponsors in addition to special guest judges. 2019 Best Managed companies share commonalities that include a clear strategy and vision, investment in capability and commitment to talent.</p> <p>&ldquo;We are looking forward towards the next 5 years of growth with excitement as our supply chain expands, bringing producers and consumers closer in 4 continents&rdquo; said Zaid Qadoumi, CEO.</p> <p>&ldquo;CIBC is pleased to congratulate BroadGrain on being named one of Canada&rsquo;s Best Managed Companies, recognizing its excellence in leadership, business performance and innovation,&rdquo; said Dino Medves, Senior Vice President and Head, CIBC Commercial Banking. &ldquo;As a sponsor of the Canada&rsquo;s Best Managed Companies program for over 20 years, CIBC is proud to celebrate private companies like BroadGrain Commodities as leaders in their industry.&rdquo;</p> <p>2019 winners of the Canada&rsquo;s Best Managed Companies award will be honoured at the annual Canada&rsquo;s Best Managed Companies gala in Toronto on April 17, 2019. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today&rsquo;s business leaders.</p> <p>The Best Managed program is sponsored by Deloitte Private, CIBC, Canadian Business, Smith School of Business, and TMX Group.<br /><br /><strong>About Canada&rsquo;s Best Managed Companies</strong></p> <p>Canada's Best Managed Companies continues to be the mark of excellence for Canadian-owned and&nbsp;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&nbsp;process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada&rsquo;s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada&rsquo;s Best Managed Companies winner (award recipients that have re-applied and successfully retained their&nbsp;Best Managed designation for two additional years, subject to annual operational and financial review); 3)&nbsp;Gold Standard winner (after three consecutive years of maintaining their Best Managed status, these&nbsp;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&nbsp;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.</p> <p>For more information, please contact:<br />bestmanagedcompanies@deloitte.ca<br />www.bestmanagedcompanies.ca</p> <p>Diana Naguib<br />BroadGrain Commodities Inc.<br />416-504-0070 ext 310<br />www.broadgrain.com</p> <p>&nbsp;</p>