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40TH ANNIVERSARY

Flanagan Foodservice Inc. Receives Family Enterprise of the Year Award

 

The Southwestern Ontario Chapter of the Canadian Association for Family Enterprise (CAFE) is pleased to announce Flanagan Foodservice Inc. as the winner of the local Family Enterprise of the Year Award. Flanagan Foodservice Inc. now becomes eligible for the National Award to be presented in Regina during the CAFE Symposium to be held in May 2010.

 

Celebrating 33 years of continued growth and profitability would be a milestone for any company. For Flanagan Foodservices, it is one of many reasons to celebrate. This private family controlled company has thrived against larger internationally supported firms in the food service and distribution industry. Family governance has been an essential ingredient allowing four brothers to successfully work together after the untimely death of a founder. Flanagan's loyal customer base enjoys superior customer service, perhaps due to the quality work atmosphere enjoyed by the nearly 400 employees. Continued growth, employee profit participation and ownership, and a second generation sibling team with well defined roles is this food service company's recipe for success. "We are proud to have been selected as this year's recipient of this prestigious award. CAFE is comprised of many excellent family businesses. This is a true honour to be recognized amongst such a great group," commented Murray Flanagan, Senior Vice President/Treasurer of Flanagan Foodservice Inc.

 

The award, first established in 1983 and sponsored by RBC Royal Bank © and KPMG Enterprise™, recognizes significant achievement made within a family enterprise, acknowledging the importance of the family enterprise in today's changing economy. Previous national winners have included E.D. Smith & Sons Ltd. (1986), Tilden Rent-A-Car (1988), Rogers Communication (1990), Sifton Properties (1999), O'Regans Automotive (2007), Bragg Group of Companies (2008). Previous local award recipients have included Sifton Properties, Steelway Building Systems, and Metropolitan Maintenance.

 

"KPMG is proud to be a National Co-Sponsor of the CAFE Family Enterprise of the Year Award," comments Jim Cassidy, Managing Partner, KPMG LLP in London. "This partnership has helped to build our firm's relationships with this respected organization and further demonstrates KPMG's dedication to family business. Family business comprises a significant part of the local, regional and Canadian economy and, for that reason, is an important focus for KPMG Enterprise."

 

"RBC is committed to building the health and prosperity of the communities in which we live and work, and we are pleased to support CAFE in recognizing family businesses that make a positive contribution to their communities," said Gus Kotsiomitis, Vice President, Commercial Financial Services, RBC Royal Bank.

"We extend our congratulations to Flanagan Foodservice Inc. for their efforts to successfully integrate family and business interests, and for sharing knowledge and expertise across generations," said Naznine Virjee, regional Vice President, RBC Private Banking. "We welcome this opportunity for RBC Wealth Management and RBC Business Financial Services to collaborate in sponsoring the Family Enterprise of the Year award in regions across Canada and CAFE's National Symposium in May 2010."