Subject: TNM
Domek Logistics Becomes a Masterpiece
NEW YORK, Nov. 2, 2018 /PRNewswire/ -- Magnate Worldwide ("MWW") is pleased to announce the acquisition of Domek Logistics, LLC ("Domek" or the "Company"). Masterpiece International ("Masterpiece"), MWW's international freight forwarding and customs brokerage subsidiary, continues along its growth track as Domek will integrate as an additional branch on November 1st, 2018.
Domek, headquartered in Crystal Lake, Illinois, provides asset-light freight forwarding and customs house brokerage services primarily to customers located in the Midwest. With a focus on complex logistics solutions and high-touch service, Domek provides a range of services for all international transportation needs, including air, ocean, full-container/less-than-container loads, multi-vendor consolidations, rail and truck.
"We're delighted to welcome the Domek Logistics' team to our Masterpiece family," said Thomas Gilgen, President of Masterpiece International, "The addition to the Midwest will help our existing local teams and support our International Logistics Solutions division's business development and operations efforts." Masterpiece International will have 17 offices across the United States, including locations in Mount Prospect and Crystal Lake, Illinois.
The entire Domek team, including co-founders Dave Domek, Jennifer Parker, John Wember, and Tina Zabielski will remain in place following the transaction and will continue to provide unmatched levels of service to clients. "We are excited to join Masterpiece and to become part of the broader Magnate Worldwide family," said Dave Domek, "We believe our team is a perfect fit because Domek was built on the same foundational pillars as Masterpiece ? experience, knowledge, reputation, and customer service."
The company has a strong representation in the Midwest, and focuses on high-end, boutique customer service. "Our business model has always been about bringing the best services to our customers ? we're very excited to become a part of the larger organization that provides premier service levels across the nation," said Jennifer Parker, Partner at Domek Logistics. The company will join Masterpiece International officially on November 1st and transition completely by January 1st, 2019.
MWW continues to look for best-in-class companies that operate in the international freight forwarding and North American premium transportation markets. "We will continue to search for more all-star companies and expand into major markets with the support of Magnate," said Gilgen. Domek Logistics is the fifth acquisition for Magnate Worldwide family of companies.
About Domek Logistics
Domek Logistics is a licensed NVOCC, OTI, freight forwarder, and Customs broker that provides a range of services for all air, ocean, FCL/LCL, rail, and truck transportation. Domek services are supported by an integrated I.T. system with tracking capabilities for freight and Customs status, reports specific to customer requirements, EDI transactions and PO/vendor management. Domek will become a part of Masterpiece International's ILS Division on November 1st, 2018.
About Masterpiece International
Masterpiece International was founded in 1989 in New York City, where its headquarters remains the preeminent logistics provider to the fine arts community and a wide range of specialty industries, for nearly three decades. It has since expanded into 17 locations across the United States, with access to every major U.S. port and airport, and an expansive worldwide network. Masterpiece International is a part of the Magnate Worldwide Family of Companies. Learn more at www.masterpieceintl.com.
About Magnate Worldwide
MWW is a shipping and logistics company focused on asset-light premium logistics that serves its clients by providing experienced and skilled operational and customer focused talent. MWW's objective is to build through select acquisitions a diversified asset-light logistics company that offers a single source for time-critical and service-sensitive solutions through its domestic and international transportation network. With a strong capital position and seasoned management team, MWW is building a leading premium transportation and logistics provider. Learn more at www.magnateworldwide.com.
SOURCE Masterpiece International
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