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February 22nd, 2011 Back to all press releases

2011-02-22 — As a winner of the 50 Best Managed Companies, The Master Group joins an elite group of successful Canadian businesses

Boucherville, February 22nd, 2011 – The Master Group L.P., the largest HVAC-R distributor in Eastern Canada, has been named one of Canada’s 50 Best Managed Companies, a national program sponsored by Deloitte, CIBC, National Post, Journal Les Affaires and Queen’s School of Business.

The Canada’s 50 Best Managed Companies awards program recognizes companies operating at the highest levels of business performance. Now in its 17th edition, this year the program has recognized businesses run by management teams who’ve opted for a pace favourable to thriving in an environment punctuated by unprecedented challenges and who’ve set the tone to address the strategic issues of a changing world.

«We are particularly honoured to have ranked in this prestigious line of successful Canadian companies. If our history of continuous and sustainable growth, even in times of economic downturn, is no stranger to this classification, no doubt that it is primarily the result of the company’s overall vision, its strategic direction and planning, of our rigor at the start of each considered action and of our progressive vision in terms of human resources» notes Michel Ringuet, Chief Executive Officer, The Master Group L.P.

«Our latest expansion in the Greater Toronto Area clearly demonstrates the positive results of this equation», he said. «Thoroughly planned, this implementation has been achieved thanks to the perfect synergy of the teams in place, well informed and driven by a single and common objective: excellence. We wish to acknowledge and salute the dedication and professionalism of our employees, the true masters of our success.»


Canada’s 50 Best Managed Companies awards program

Established in 1993, Canada’s 50 Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian-owned and-managed companies with revenues over $10 million. 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. The program has continued to raise the profile of Canadian-owned businesses that have:

• Outperformed their competitors; • Created thousands of jobs;
• Achieved sustainable growth; • Excelled both at home and abroad.


About The Master Group L.P.

The Master Group L.P. has led the air conditioning, refrigeration and heating sectors for almost 60 years now and is the largest independent distributor in Eastern Canada. It employs over 425 dynamic and devoted individuals who serve the industry from over 18 branches and two distribution centres spanning from Ontario to the Maritimes. The Master Group recently acquired three branches in the Toronto and Hamilton markets.



Source: Nathalie Lajoie
Director, Communications and Marketing
Email : nlajoie


Press release (PDF)