PANEBIANCO WINES ACQUIRES DB WINE SELECTIONS, EXPANDING ITS FINE WINE PORTFOLIO ACROSS THE NORTHEAST WITH PREMIER PORTFOLIO OF FRENCH WINES
Companies' Complementary Portfolios, Shared Vision and Values Are Key Drivers for Acquisition
NEW YORK, March 4, 2025 /PRNewswire/ -- Panebianco Wines (www.panebiancowines.com), a premier and boutique importer and distributor of fine Italian wines, announces the acquisition of DB Wine Selections (www.dbwineselection.com), a distinguished purveyor of high-quality French wines. This strategic acquisition strengthens Panebianco Wines' position as a leader in fine wine importation and distribution, broadening its reach across the Northeast while maintaining the integrity and legacy of both storied companies. The acquisition gives Panebianco a strong portfolio of suppliers from the two leading regions of imported wine in the US: Italy (by volume) and France (by value).
Under the terms of the acquisition, DB Wine Selections will continue to operate under its existing name with its president, Didier Boutet, remaining in his role to lead the integration process and drive the business into the future. This move ensures continuity for DB Wine Selections' clientele, suppliers and team members while facilitating a seamless transition and expansion for both organizations and portfolios.
"This acquisition represents a milestone for both Panebianco Wines and DB Wine Selections," said Nunzio Castaldo, President of Panebianco Wines. "Panebianco's deep-rooted expertise in Italian wines and DB Wine Selections' esteemed reputation for curating exceptional French wines allows each of us to expand our portfolio offerings for our respective client bases, leverage our shared passion for fine wines, and enhance our service capabilities across key markets. We're excited to bring together two companies that share a dedication to estate wines of quality, authenticity, and craftsmanship."
For over 27 years, Panebianco Wines has been a trusted name, working with top estate, family-owned producers to bring the finest selection of Italian wines to American wine lovers. Similarly, DB Wine Selections has cultivated an unparalleled reputation for curating high-caliber French wines, making it a natural complement to Panebianco Wines' growing portfolio. The acquisition will allow both companies to maintain their brand identities while creating new opportunities for employee growth, supplier partnerships, and customer engagement.
"Our goal is to expand our presence in the Northeast while staying true to the heritage and specialization that make Panebianco and DB Wine Selections leaders in their respective categories," said Didier Boutet. "Together, we'll continue to elevate the wine experience for sommeliers, beverage directors and fine wine buyers – and ultimately American wine lovers -- bringing an even more robust selection of fine wines to the market. And we will build the leading team of French and Italian wine experts in the entire Northeast!"
"This acquisition reflects Panebianco Wines' ongoing commitment to excellence, innovation, and expansion in the fine wine industry," continued Castaldo. "Customers, team members and partners can expect the same high standards of service and product selection as the company continues to grow."
For further information, please contact:
Nunzio Castaldo
President
Panebianco Wines
Nunzio.castaldo@panebiancowines.com
212.685.7560
About Panebianco Wines
Panebianco Wines is a leading importer and distributor specializing in premium Italian wines. With a commitment to quality, authenticity, and tradition, Panebianco Wines partners with esteemed wineries to bring exceptional selections to the U.S. market. For more information, visit www.panebiancowines.com
About DB Wine Selections
DB Wine Selections is a premier distributor of fine French wines, known for its curated portfolio of top-tier producers and its dedication to bringing the best of France to the American market. For more information, visit www.dbwineselection.com.
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SOURCE Panebianco Wines