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McDougall Energy Inc. Named One of Canada’s Best Managed Companies

Sault Ste. Marie, ON – February 26, 2013 – McDougall Energy Inc. was a winner of Canada’s Best Managed Companies program in 2011 and Requalified in 2012 to maintain their status as a Best Managed company.  This prestigious national award is sponsored by Deloitte, CIBC, National Post, Queen’s School of Business and MacKay CEO forums.

“As we celebrate our 20th anniversary, we believe that there are three vital building blocks to sustainable growth: strategy, capability, and commitment; McDougall Energy Inc. has demonstrated it is a model of success in all three areas and is duly recognized as one of Canada’s Best Managed” explained John Hughes, National leader for Canada’s Best Managed Companies program and leader of the Greater Toronto Growth Enterprise practice for Deloitte.

McDougall Energy Inc.’s strong corporate planning, acquisition strategy and vision for the future have led them to become one of the largest integrated distributors of Esso and Mobil products in Canada.  The company has been involved in 43 acquisitions since inception, including five acquisitions since 2011. 

Established in 1993, the Canada’s Best Managed Companies is a national awards program, recognizing Canadian companies that have implemented world-class business practices and created value in innovative ways. Applications are reviewed by an independent judging panel that evaluates how companies address various business challenges, including new technologies, globalization, brand management, leadership, leveraging and developing core competencies, designing information systems, and hiring the right talent to facilitate growth.
 
“To be named one of Canada’s 50 Best Managed Companies last year and to requalify our status in 2012 is a tremendous honour for our entire team.  This award belongs to everyone who played a part in our success; our loyal customers, dedicated employees, family members and our critical partners.  We look forward to continued success in 2013,” said Darren McDougall, President of McDougall Energy Inc.

2012 winners of the Canada’s Best Managed Companies award, along with the Gold Standard winners, Requalified and Platinum Club members will be honoured at the annual Best Managed gala in Toronto on April 16, 2013. 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.

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 $10 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) Best Managed winner (one of the 50 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 reapplied for the designation. Companies may requalify for two additional years, subject to annual operational and financial review; 4) Platinum Club member (winners that maintain Best Managed status for a minimum of six consecutive years). Program sponsors are Deloitte, CIBC, National Post, Queen's School of Business and MacKay CEO forums.  For further information, visit www.bestmanagedcompanies.ca. Visit the online community for private companies the Best Managed channel on FP Executive: www.financialpost.com/bestmanaged.

About McDougall Energy Inc.
 
McDougall Energy Inc. (“McDougall Energy”) is a Canadian, privately owned, progressive family business which has been in business for over 68 years. McDougall Energy is a marketer and distributor of heating oil, propane, gasoline, diesel fuel and commercial lubricants, as well as an Esso retailer. Starting in 1945, McDougall Energy Inc.’s excellent reputation within the energy industry has been earned through a relentless focus on serving its customers.  McDougall Energy Inc. won one of Canada’s Best Managed Companies award in 2011 and became a Requalified member in 2012.  Now in its third generation of ownership, McDougall Energy serves communities throughout Ontario and regions in British Columbia.  McDougall Energy has employees and facilities located in the Greater Toronto Area, Bowmanville, Newmarket, St. Catharines, St. George, Sault Ste. Marie, Sudbury, North Bay, Little Current, Thessalon, Chapleau, Timmins and Red Lake, Ontario.  McDougall Energy is headquartered in Sault Ste. Marie, Ontario.

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