McDougall Energy Receives Canada’s Best Managed Companies Honour for Eighth Consecutive Year
Sault Ste. Marie Based McDougall Energy Maintains Platinum Member Status
Sault Ste. Marie, ON – March 7, 2019 – McDougall Energy is proud to be recognized as one of Canada’s Best Managed Companies for the eighth consecutive year. The company first received this distinguished honour in 2011, and in 2018 it received Platinum Member status for requalifying seven consecutive years.
Established in 1993, Canada’s Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian owned and managed companies. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent process that evaluates the caliber of their management abilities and practices.
Businesses today need to be thinking long-term to succeed, and this year’s Best Managed winners are truly going the distance in investing in the future,” said Peter Brown, 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.”
Now in its third generation of family ownership, McDougall Energy has grown to become one of the largest integrated distributors of Esso and Mobil products in Canada. The 70-year-old energy company operates in various regions across Canada serving business, residential and retail automotive customers. McDougall Energy continues to expand its business through acquisitions and organic growth initiatives with strategic partners across Canada.
“It’s a great honour to be recognized, once again, as one of Canada’s Best Managed Companies. We’ve seen continued growth over the past year, which I attribute to our strong management team and the dedication and commitment of all employees”, commented Darren McDougall, President, McDougall Energy. “This award is a clear sign we are on the right path and serves as increased motivation as we continuously strive to maintain a high level of business excellence in serving our customers, while investing in the communities where we live and work.
Winners of the 2019 Canada’s Best Managed Companies Award will be honoured in Toronto on April 16, 2019 with a Symposium featuring presentations from some of Canada’s Business Leaders, and on April 17, 2019 at the Annual Awards Gala Dinner and Ceremony.
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 new winner (one of the new winners selected each year);
2) Requalified member (repeat winners retain the 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 maintain 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 McDougall Energy Inc.
McDougall Energy Inc. (“McDougall Energy”) is a Canadian, privately owned, family business which has been serving energy customers for over 70 years. McDougall Energy is a marketer and distributor of heating oil, propane, gasoline, diesel fuel and commercial lubricants, as well as an EssoTM branded retailer. McDougall Energy is proud to be named one of Canada’s Best Managed Companies, Platinum Club Member. Now in its third generation of ownership, the energy company serves communities throughout various regions across Canada. The company is headquartered in Sault Ste. Marie, Ontario.
To learn more about McDougall Energy, visit https://www.mcdougallenergy.com.
For further information, please contact:
Communications and Customer Experience Manager
McDougall Energy Inc.
Phone: (705) 941-5012