Among Australia’s Best Privately Managed Companies

22 Mar, 2023

CoolDrive Auto Parts has been named one of eight private Australian companies recognised for their outstanding business performance in Deloitte Australia’s 2022 Best Managed Companies awards. 

Now in its third year – and run in association with Google Cloud and the Commonwealth Bank – the Best Managed Companies program identifies and celebrates privately-owned and managed companies across Australia that set the highest standards of business performance, and shines a light on the power of private businesses as innovators and major contributors to Australia’s economy. 

The program’s judges challenged and evaluated the strengths of the applicants across four key pillars: strategy; culture and commitment; capabilities and innovation; and governance and financials. 

John Blanchard, Chief Executive Officer at CoolDrive Auto Parts said: “CoolDrive Auto Parts is delighted to be named among Australia’s best managed private companies. 

“Over the last 40 years, CoolDrive Auto Parts has grown to become Australasia’s largest family-owned and operated aftermarket automotive component supplier, with an industry-leading level of service and expansive product range.

“Driving the CoolDrive business is our mission to ensure we not only meet but exceed our customer’s expectations. We shall continue to invest substantially towards expanding the business, improving relationships with customers and suppliers, and providing our staff with secure employment with opportunities for advancement.

“We are honoured to have the hard work we have put into our strategy, approach to innovation and capabilities recognised externally by Deloitte and the Best Managed Companies judges in this way, particularly in our first year of entering the program.”

Natalie Faull, Deloitte Private partner and Best Managed Companies Asia Pacific leader, said: “Our Best Managed Companies program is about celebrating the passion, focus, dynamism. resilience and growth that typify Australia’s best private companies. 

“They are often disruptors, they are significant employers, they are always looking for growth and success and they are strong supporters of their local communities. 

“This year, the program has really demonstrated just how well our best managed private businesses, and that includes CoolDrive Auto Parts, have emerged from the COVID pandemic as purpose-driven, disciplined organisations, innovators and industry leaders that are navigating the future with confidence.”