Arconas Named Best Managed Company for the 11th Year

MISSISSAUGA, ON – May 14, 2024 –Arconas, the leading manufacturer and distributor of airport furniture, is proud to announce the company's 11^th consecutive recognition as a recipient of Canada’s Best Managed Companies 2024 award, achieving an impressive 5^th consecutive year as a Platinum Club Member. This accomplishment highlights Arconas' commitment to outstanding strategy, capability, and sustainable growth.

"We are thrilled and deeply honoured to once again receive this recognition," says Pablo Reich, Arconas' Executive Vice President. "This achievement underscores the relentless dedication, innovation, and perseverance of our team, who consistently aim to provide innovative solutions that enhance the passenger experience for our clients."

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. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process, making Arconas' 11^th consecutive year a remarkable achievement. This year’s program winners share common themes such as having a people centric culture, effective ESG strategies and accelerated operational digitization.

“Best Managed is a prestigious award that recognizes the significant and ongoing contributions within Canada’s business landscape,” said Lorrie King, Global Best Managed Companies Leader and Co-Leader, Canada’s Best Managed Companies program. “Companies such as Arconas who attain this high standard of excellence demonstrate consistent adaptability, versatility, and strategic acuity. Year after year, they thrive in a competitive, rapidly changing market and should be proud of their growth.”

Arconas' consistent success in this prestigious program highlights the company's unwavering commitment to excellence in all aspects of its operations, from customer service to product design and innovation. As an industry leader, Arconas strives to continually set an example and raise the bar for exceptional business practices and customer satisfaction.

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About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for 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 (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, Canadian Business, Smith School of Business, and TMX Group. For more information, visit http://www.bestmanagedcompanies.ca. or email: bestmanagedcompanies@deloitte.ca