Thursday, March 15, 2018, 5:00 PM EST
Bradford Greenhouses Ltd named one of Canada’s Best Managed Companies
Toronto, ON – March 8, 2018 – Bradford Greenhouses Ltd. 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.
Bradford Greenhouses has demonstrated entrepreneurial spirit and business savvy over its 44 year history to grow into one of Canada’s Best Managed Companies. Their innovations in horticulture and their leading-edge retail marketing have enabled exponential growth that has spanned generations of owners and employees. “It’s much more than just financial performance,” said Lorrie King, Partner, Deloitte and Co-Leader, Canada’s Best Managed Companies program. “The ingredients to success also include overall business performance and sustained growth. It takes dedication and commitment from 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.
“We are both humbled and proud to be recognized as a 2018 winner of Canada’s Best Managed Companies program” said Len Ferragine, Owner of Bradford Greenhouses. “It is a very prestigious award for a family business that has grown with such great support from our families, from our employees’ families, and from the customers we serve. We are extremely grateful and we are excited to continue our journey of growth into the future; this award validates that we are on the right path.”
CIBC is pleased to congratulate Bradford Greenhouses Ltd 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 like Bradford Greenhouses 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. 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 Bradford Greenhouses
“Founded on Family, Inspired by You”
Bradford Greenhouses is a true Canadian success story. In 1961 Francis Ferragine purchased property in Bradford and began growing a company. In 1975, Bradford Greenhouses opened a retail operation north of Bradford and in 1993 Bradford Greenhouses opened its flagship retail store in Barrie. With over 300 employees, Bradford Greenhouses Ltd has grown into one of the largest greenhouse growers and retailers in central Ontario, and was recently awarded the Canadian Nursery Landscape Association’s 2016 Garden Centre of the Year. Bradford Greenhouses Wholesale division has become one of the largest sellers of plants in Ontario, servicing small independent and large commercial growers and retailers across the province.
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