Masterpiece International, Ltd. is happy to announce its sale to Magnate Worldwide, LLC. MWW is a shipping and logistics company focused on asset‐light premium logistics that serves its clients by providing experienced operational and customer‐focused talent. MWW seeks to partner with best‐in‐class companies that operate in the international freight forwarding and North American premium transportation markets.
Masterpiece will continue to lead the industry as the premier fine art logistics provider serving museums, art galleries, art fairs, and private collectors. The entire Masterpiece team, including co‐founders David Epstein and David Cohen and President of Fine Arts John O’Halloran, will remain in place following the transaction and will continue to provide an unmatched level of service to its existing client base.
“We are thrilled to be joining Magnate Worldwide,” said Epstein. “Magnate’s focus on best‐in‐class service ensures that we will continue to exceed customer expectations, and its broad logistics offering will allow us to provide an even more comprehensive range of solutions to our valued customers.”
Over the last 25+ years, Masterpiece expanded its services to include customs brokerage and international logistics services to a broad range of industries including entertainment, trade show, marine, automobile, and general freight. Through 15 offices located in major international shipping hubs of the United States, Magnate looks forward to keeping the spirit and driving force of the fine arts division in place, while elevating the general freight division to a new level of success.
Thomas Gilgen, new President of Masterpiece, noted that “Masterpiece expands Magnate Worldwide’s international freight forwarding network and complements MWW’s existing suite of high‐value logistics services. We are now better positioned than ever to meet the full range of our customers’ door‐to‐door international and domestic logistics needs.”
Masterpiece is proud to be a part of Magnate Worldwide, and is excited to move into the future with the support Magnate provides.
The Masterpiece International Family