Car dealers who compete with aftermarket service providers won’t be happy to hear that Mr. Lube has been named one of Canada’s Best Managed Companies for the fifth year in a row. The quick lube provider in the routine automotive maintenance sector also attained Gold Standard status for excellence in business performance for the second straight year.
Established in 1993, the Best Managed Companies awards recognize Canadian-owned and managed companies, with revenues over $10 million, for sustained growth, financial performance, management practices and the efforts of the entire organization. They are sponsored by Deloitte, CIBC, National Post, Smith School of Business and MacKay CEO Forums. Each year they attract hundreds of competitors from across the country.
“The past five years have been a period of tremendous growth, expansion and transformational change for our brand and operations,” says Stuart Suls, Mr. Lube president and CEO. “Throughout it all, every person on our team, from coast to coast, has risen to the challenge and set new standards for leadership, innovation and execution, while caring for the communities where we serve day in and day out.”
The company was founded in 1976, pioneering a category of automotive servicing that focused on convenience with no appointment necessary. It now has 170 locations across Canada, operated by a national network of franchisees.
