PSP IMPORTS AND GLOBAL WINES ANNOUNCE PARTNERSHIP
Massachusetts importing and distribution companies join forces to form “PSP Global Wines”
January 1, 2023, Beverly, MA – PSP Imports, LLC, and Global Wines, LLC, have announced a strategic partnership. The two companies have combined sales forces and portfolios to form PSP Global Wines, a MA-based importing and distribution business representing a diverse portfolio of wines and spirits from around the world, with a particular focus on Italy, France, Spain and Portugal.
Global Wines is a MA distributor of wines and a portfolio company of CT-based Votto Vines, one of America’s fastest growing wine importing companies. PSP Imports is a MA-based importer and distributor with deep ties in Italy, where Founder and CEO Nicola Savignano and his brother Giuseppe own and operate Tenuta Santo Pietro, a family winery and agriturismo in Tuscany.
Votto Vines co-Founder and CEO Michael Votto says of the PSP joint venture, “We are thrilled about this opportunity. PSP is a first-class organization and combining their MA infrastructure with our portfolio and team will result in a much stronger business for everyone involved.”
Nicola Savignano adds, “We are extremely excited to join forces with Global Wines. Global brings a best-in-class portfolio that neatly complements ours, and an experienced sales team that has built a solid business over the past 15 years. We look forward to welcoming them to our organization and maintaining the growth trajectory of the combined company.”
PSP Global Wines will retain PSP Imports’ Beverly, MA, office and Franklin, MA, warehouse hub as part of the transaction, with business support being provided by Votto Vines’ CT headquarters. The integrated sales team will be headed by PSP Global Wines’ CEO, Nicola Savignano, with support from Votto Vines’ VP of Sales, Mike Munk.
About PSP Imports
Founded by Nicola Savignano in 2014, PSP Imports is a MA-based importer and wholesaler of fine wines and spirits. PSP sources the best available products, through personal connections with small winemakers, for whom they serve as an outsourced export manager, and strong relationships with key volume producers. Regardless of size, all of their suppliers are committed to using sustainable farming practices.