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MWW continues to look for best-in-class companies to acquire
Magnate Worldwide (MWW) has acquired Domek Logistics. Masterpiece International, MWW's international freight forwarding and customs brokerage subsidiary, continues along its growth track as Domek will integrate as an additional branch.
Domek, headquartered in Crystal Lake, Illinois, US, 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.
The addition to the Midwest will help existing local teams and support the Company’s International Logistics Solutions division's business development and operations efforts. Masterpiece International will have 17 offices across the US, 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. The Company has a strong representation in the Midwest, and focuses on high-end, boutique customer service.
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. It will continue to search for more all-star companies and expand into major markets with the support of Magnate.