Acadian Seaplants Limited™ retains Platinum status in Canada’s Best Managed Companies program

by Acadian Seaplants Limited on May 16, 2024 in News

Dartmouth, NS, Canada – May 16, 2024 – Acadian Seaplants Limited™ has been recognized for its industry-leading performance, its global business practices, and its sustained growth by receiving the prestigious 2024 Canada’s Best Managed Companies award for the 22^nd consecutive year in a row.

Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.

“Being recognized as one of Canada’s Best Managed Companies for the 22nd consecutive year is not just an achievement; it’s a testament to the unwavering dedication and excellence of our team. We’re not just winning awards; we’re setting standards. Together, we’ve built a legacy of innovation, resilience, and unwavering commitment to our values. This recognition fills me with immense pride and gratitude, and I’m thrilled to share this momentous achievement with each and every member of our incredible team,” says Jean-Paul Deveau, CEO of Acadian Seaplants Ltd.

Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world‑class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.

Acadian Seaplants Ltd. has earned its place as a perennial winner of Canada’s Best Managed Companies through a steadfast commitment to excellence across every facet of our operations. At the heart of our success lies a deep-rooted dedication to our local community, but also the global community at large. By prioritizing sustainable harvesting practices for our precious seaweed resource, we not only ensure the longevity of our business but also contribute to the preservation of our marine ecosystems for generations to come. However, our success is not just measured in numbers; it’s reflected in our outstanding employee culture, where every team member is valued, respected, and empowered to thrive. Our commitment to innovation, sustainability, and nurturing a positive workplace environment has been pivotal in securing this prestigious recognition for the 22nd consecutive year, and we remain steadfast in our pursuit of excellence.

The 2024 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization. “To become a Best Managed Platinum Club winner is nothing short of remarkable. Their continued adaptability in an era of uncertainty sets the standard for how to overcome new barriers and demonstrate resiliency at the highest levels,” said Lorrie King, Partner, Deloitte Private, Global Best Manager Leader and Co-leader for Canada’s Best Managed Companies program. “These companies truly impact how Canada is viewed on the world stage when it comes to the success of private business.”

You can visit the Acadian Seaplants Limited website to learn more about our latest sustainability work.

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About Acadian Seaplants Limited

Acadian Seaplants Limited is a fully integrated bio-tech manufacturer of premium seaweed products for plants, animals, and people. For over 40 years, they have demonstrated their commitment to science, sustainability, community and high-quality results for customers through their practices and approach to harvesting, managing, and cultivating marine resources. Their eco-friendly and eco-efficient products are exported to over 80 countries around the world, delivering excellence in every product.  For more information visit www.acadianseaplants.com.

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for private Canadian owned and managed companies. 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 Private, CIBC, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.