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TORONTO, March 8, 2018 /CNW/ - Arbor Memorial, a family-owned Canadian company providing funerals, cremations and interment rights in communities across the country, today announced it has been named a 2018 Canada's Best Managed Companies winner. The 2018 Best Managed program award winners are amongst the best-in-class of Canadian owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.

With a focus on industry leading best practices, building a collaborative culture of teamwork and a commitment to serving Canadians with sensitivity and respect, Arbor Memorial has been guided by family values since 1947.

"We are all so proud to receive this prestigious award, which is a testament to the hard work and dedication of every member of our organization," said Brian Snowdon, President and CEO, Arbor Memorial. "As a family-owned company, our culture is rooted in the communities we serve and our 70-year legacy of service. Our success stems from having the right people, approach to business in Canada and a deep emphasis on the families we meet with every day."  

Arbor Memorial has a strong community presence across Canada, performing more than 25,000 funeral services and 19,000 interments for families from coast-to-coast in 2017. With a culture guided by family values, the average tenure of members of its senior management team is 25 years. Arbor Memorial is an innovation leader in the industry, offering a wide range of products and services with a customer-focused point-of-view.

Now in its 25th year, Canada's Best Managed Companies is one of the country's leading business awards programs recognizing Canadian-owned and managed companies for innovative, world-class business practices. 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.

"Being amongst the best in class requires more than financial performance," said Lorrie King, Partner, Deloitte and Co-Leader, Canada's Best Managed Companies program. "Achieving sustained growth and strong overall business performance is the result of the combined efforts and commitment of the entire organization."

2018 winners of the Canada's Best Managed Companies award will be honoured at the annual Canada's Best Managed Companies gala in Toronto on April 11, 2018. 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.

The Best Managed program is sponsored by Deloitte, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums.

About Arbor Memorial Inc.
Arbor Memorial Inc. is a family-owned Canadian company that provides interment rights, cremations, funerals and associated services to families across the country. Established in 1947, the company comprises 92 funeral homes, 41 cemeteries and 28 crematoria. 23 of our cemeteries have full-service funeral homes on premises, offering complete services to our client families. Our highly trained professionals at our funeral homes and cemeteries deliver personalized support and customized services to all Canadian families.

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 $15 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) 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, CIBC, Canadian Business, Smith School of Business, TMX Group and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.

SOURCE Arbor Memorial

For further information: Media Contact: Arbor Memorial Inc.: Dustin Wright, Director, Marketing Communications, 416-763-3230 ext. 3032, dwright@arbormemorial.com; bestmanagedcompanies@deloitte.ca, www.bestmanagedcompanies.ca

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