Blendtek is a 2024 Winner of the Canada’s Best Managed Companies Program for Second Consecutive Year
Toronto, ON – May 14, 2024 – Blendtek Ingredients Inc. was 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 a second consecutive year.
Celebrating over 30 years, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. 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 designated as one of Canada’s Best Managed Companies is a demonstration of the exceptional work and dedication of our people, and the strong collaboration we have built with our partners and customers,” said Steve Zinger, co-CEO at Blendtek. “Blendtek is on a mission to disrupt the food ingredient distribution landscape by redefining what it means to deliver exceptional quality, value, and service” adds Rob Bianchin, co-CEO at Blendtek, “We are honoured to receive this award and humbled to be part of an assembly of organizations that share our tireless commitment to pursue excellence, prioritize innovation, and foster meaningful change in our respective industries.”
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.
In the last year, Blendtek has targeted efforts to establish their brand and grow the business in new markets, as well as strategically restructured to improve response times and better service to internal and external business stakeholders. These are some of the achievements that made Blendtek a winner of Canada’s Best Managed Companies in 2024.
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. Blendtek is proud to again be recognized in this cohort of outstanding privately-owned Canadian companies.
“Best Managed is a prestigious award that recognizes the significant and ongoing contributions within Canada’s business landscape,” said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada’s Best Managed Companies program. “Companies such as Blendtek Ingredients 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.”
About Canada’s Best Managed Companies Program
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian 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.
About Blendtek Ingredients Inc.
Blendtek is a premier ingredient solutions and product development company with a mission to challenge expectations and help fuel food innovation. From formulation and product design to strategic sourcing, manufacturing and packaging, Blendtek works collaboratively with industry partners to develop products fueled for success. Our entrepreneurial spirit drives us to challenge traditional industry expectations by blending critical thinking and creativity with reliable service you can count on.