MONTREAL - Deschênes Group Inc., a Canadian-owned wholesale distributor of plumbing, HVACR, PVF (pipe, valves and fittings), waterworks, electrical, and fire protection products, was honored for a second year to be a recipient of the 50 Best Managed Companies in Canada award.

Initiated in 1993, this award, currently organized by Deloitte in partnership with CIBC Commercial Banking, the National Post, the newspaper Les Affaires and the Queen's School of Business, recognizes excellence in 50 companies owned and managed by Canadians whose annual revenue exceeds 10 million dollars. These companies are recognized for their exceptional performance, customer satisfaction, and ability to create value through their strategic vision and innovative approach to marketing and management.

Deschênes Group was founded in 1940 and has experienced significant growth through the leadership of Jacques Deschenes. Currently, and for the past 10 years, the Deschenes Group has been lead by Martin Deschênes, president and CEO, who emphasized the importance of the contributions of all individual employees, in all locations, in achieving this award.

Deschênes Group employs approximately 1,400 people located in 98 branches across Canada. Its successful business strategy focuses the efforts of all employees on exceptional customer service with business growth supported through organic means as well as through acquisition.

Publication date: 03/28/2011