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AEC Recognized As One of Canada‘s Best Managed Companies

Posted in News & Updates

AEC Recognized As One of Canada‘s Best Managed Companies

Congratulations to Andrew Pilsworth and AEC, a global mobility solutions provider based in St. Catharines, for your well-deserved recognition from Deloitte as one of Canada’s Best Managed Companies of 2022.

Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $50 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.

AEC provides a full range of scalable mobility solutions, including the official distribution of Stellantis’ Dodge/RAM brands in Europe, as well as a global fleet and parts and accessories business. Since its foundation in St. Catharines, in 1996, AEC has become a global player in the automotive industry with more than 180 employees in seven different locations worldwide.

Learn more about founding and growing a business in St. Catharines.

The St. Catharines Advantage

In 2021 alone, AEC achieved an annual sales growth rate of 46%, a number made even more impressive by the fact that the automotive industry faced numerous setbacks due to the Covid-19 pandemic. Despite these obstacles, in the past two years AEC not only expanded its existing global customer base to more than 550 retail partners, but also developed internally by nearly doubling the company’s headcount and adding top international experts to their five business units.

"This is a true team win!" said Pilsworth.

"The success of our team is based on us all living our six core values: adaptability, reliability, professionalism, kindness, growth, and leadership, and is fueled by our passion to find better ways. It is humbling to see that our hard work and commitment is being acknowledged in such a profound way."

In a Globe and Mail article about the leaders of the this year's Best Managed Companies, Pilsworth spoke of how keeping core values front and center led to success. In a testament to AEC’s people-first philosophy, it didn’t lay off a single employee during the pandemic, helped dealers that had to shut down during lockdown and offered flexible terms to struggling clients, the article states.

 Congrats again from all of us at TeamSTC!

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