(WB) - Gallo also agreed to lease the Pahlmeyers' Waters Ranch vineyard on Atlas Peak, a property developed in 1999. As part of the deal, Gallo will run Jayson, the tasting room at The Village at Vista Collina Resort, a hotel development on the southern edge of the city of Napa.

E&J Gallo has acquired Pahlmeyer Winery, the companies announced Tuesday. The acquisition expands the world’s largest winery’s luxury brand portfolio. The deal includes both the Pahlmeyer and Jayson by Pahlmeyer labels, whose price points range from $30 to $350 a bottle. The purchase price for one of Napa Valley’s most exclusive wineries was not disclosed.

Gallo also agreed to lease the Pahlmeyers’ Waters Ranch vineyard on Atlas Peak, a property developed in 1999.