SONOMA, Calif., Dec. 13, 2016 (GLOBE NEWSWIRE) -- V2 Wine Group of Sonoma, California and Wine by Joe (WBJ) are proud to announce a sales and marketing partnership between the two companies effective January 1, 2017. Under the terms of the agreement V2 Wine Group will provide sales and marketing services and manage the distribution network of the Joe Dobbes Collection of wines throughout the United States. President, Founder and Winemaker Joe Dobbes crafts his three brands; Wine By Joe, Dobbes Family Estate and Jovino in his Dundee, Oregon wineries with grapes sourced from select vineyards predominantly in the Willamette and Rogue Valley.
"Partnering with Joe and his family on their super-premium portfolio is a real honor. They have built terrific brands in both the Wine by Joe and Dobbes Family Estate wines and Oregon has become a very important Wine Region of the world," said Dan Leese, President of V2 Wine Group. "They fill an important and exciting spot in our portfolio of world-class brands and we couldn't be more pleased."
"We are very enthused to be working with Dan and Katy Leese and the V2 Wine Group to bring our wines to the next level," stated Joe Dobbes, Winemaker and President of Wine by Joe. "Their portfolio is an excellent fit for our Oregon brands and offers unparalleled opportunity to solidify our position within the 3-tier distribution system."
"Over the past 20 plus years, we have been at the forefront of the Oregon wine movement and this partnership provides us the unique platform to leap to the next level. I am so impressed with V2's sales team and the organizations leadership, infrastructure and professionalism. It's a very exciting time for us all," added Gretchen Boock, Chief Operating Officer, who has been with Wine By Joe since 2002.
With the addition of WBJ, V2 Wine Group now represents eight wine families in the North American marketplace. The company's portfolio, which includes wines that V2 Wine Group produces as well as family owned wineries with which it has sales and marketing agreements, has grown steadily since Dan and Katy Leese and Pete Kight founded it in 2010. V2 Wine Group services all classes of trade and specializes primarily in wines priced from $15 - $100 plus per bottle.
"We are looking forward to beginning a relationship with Joe, Gretchen, the entire WBJ team and the winery they have built," added Katy Leese, General Manager of V2 Wine Group. "The people we partner with are important to us and a family owned winery in Oregon was high on our list. WBJ's portfolio aligns perfectly with V2."
ABOUT WINE BY JOE / DOBBES FAMILY ESTATE
Joe Dobbes, an Oregon native, has built a thriving business by combining knowledge gained through invaluable apprenticeships in France and Germany and the experience of 30 years of winemaking. In 2002, Dobbes launched Wine by Joe, a multi-tiered business based in Dundee, Oregon. Recognized for the elegance and craft of his wines, Dobbes is now one of the largest producers in Oregon with 214 acres of estate vineyards and sourcing throughout the entire state. Dobbes' focus is on crafting traditional Burgundian style wine under his three different brands: Dobbes Family Estate, the luxury label; Wine by Joe, a value-priced Oregon appellation label, and Jovino, dedicated to restaurant accounts. Wine by Joe / Dobbes Family Estate is a Bacchus Capital portfolio company.
ABOUT BACCHUS CAPITAL MANAGEMENT
Bacchus Capital Management is an investment firm providing strategic capital and making equity investments in United States wineries and wine businesses. Current Bacchus portfolio companies are: DeLille Cellars, Madrigal Family Winery, Maritime Wine Trading Collective, Panther Creek Cellars, Sbragia Family Vineyards and Wine by Joe/Dobbes Family Estate. Prior Bacchus portfolio companies are Andretti Winery, Cameron Hughes Wine, and Qupé.
ABOUT V2 WINE GROUP
V2 is a wine producer and provides sales and marketing services to a limited group of family owned wineries. With a wine portfolio that includes Bouchaine Vineyards, Coeur Clémentine, Wines, Dry Creek Vineyard, La Follette Wines, Lucinda & Millie Vineyards, Merryvale Family of Wines, Morandé, Quivira Vineyards, Steelhead Vineyards, Starmont Winery, Toad Hollow Vineyards, Torbreck Wines and Vindicated Wines. V2 is dedicated to building strong, family owned wine brands in the North American marketplace. Founded in 2010, the company is a partnership between wine industry veterans Dan and Katy Leese and entrepreneur Pete Kight.