Mevotech, a North American market leader in the engineering, design and manufacturing of automotive aftermarket steering and suspension parts, announced it has been honoured with a 2023 Canada’s Best Managed Companies award. 

Mevotech was recognized for its industry-leading performance, global business practices, and sustained growth by receiving this prestigious award.

Celebrating its 30th anniversary, Canada’s Best Managed Companies program evaluates businesses on their leadership in the areas of strategy, culture, commitment, capabilities, innovation, governance, and financial performance.

“We are thrilled to have been honoured by the country’s leading business award program,” said Ezer Mevorach, Mevotech’s CEO. “This award is a testament to the team whose undaunted spirit drives our innovation and the commitment of our 650+ employees and the values they embody. We thank our customers and the professional technicians who inspire us to continuously do better every day and push the envelope on innovation.”

The 2023 cohort of Best Managed companies share common themes, such as having a people-centric culture, driving effective environmental, social and governance (ESG) strategies, and accelerating operational digitization.

Ezer Mevorach commented, “At Mevotech, we are passionate about our products and our customers. Our focus is on the development of highly durable products built to provide the optimal experience. We are committed to collaboration and challenging the status quo. We continue to invest in state-of-the-art technologies to advance our products and support our people. It is for all these reasons, I believe, that we were chosen to receive the Best Managed designation.”

Hundreds of world‑class businesses compete for Canada’s Best Managed Companies designation each year, participating in a rigorous independent evaluation process. Canada’s Best Managed is a mark of excellence for private Canadian-owned companies.

“The 2023 Best Managed winners exemplify the highest Canadian business standards of innovation, adaptability, and resilience,” said Lorrie King, partner at Deloitte Private and co-leader for Canada’s Best Managed Companies program. “Over the past year, companies such as Mevotech have accelerated by continuously adapting and successfully responding to challenges, seizing new opportunities, leveraging industry-leading competencies to maximize their investments, and driving sustainable growth.”