E&J Gallo Winery Acquires Pahlmeyer Winery; Includes Pahlmeyer and Jayson by Pahlmeyer Brands
November 19, 2019
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.
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.
Cleo Pahlmeyer, president of Pahlmeyer Winery and daughter of founder Jayson Pahlmeyer, retains the Wayfarer brand and Wayfarer Vineyard.
“We are happy to have found a buyer who shares my family’s vision for Pahlmeyer,” Cleo Pahlmeyer said in a written statement. “We are equally dedicated to making world-class wines and I am thrilled to be working with the Gallo team.”
Jayson Pahlmeyer produced the first vintage of its proprietary red blend in 1986. The 30th vintage of Pahlmeyer’s Proprietary Red was released earlier this year.
“I am thrilled to transition ownership of Pahlmeyer Winery to the Gallo family,” said Jayson Pahlmeyer, who founded the winery after leaving a career in law. “The two companies share similar principles and, with Gallo’s long-standing commitment to quality, I am confident they will take Pahlmeyer to even greater heights in the future.”
Roger Nabedian, senior vice president and general manager of Gallo’s premium wine division praised Pahlmeyer. “Jayson Pahlmeyer’s passion for wine is evident in everything he’s done. We are thrilled to continue working with both Jayson and his daughter Cleo as we incorporate the esteemed Pahlmeyer brands into our luxury portfolio,” he said. “Pahlmeyer complements our portfolio nicely, allowing Gallo to continue competing in luxury wine and fueling strategic growth for the company.”
Family-owned Gallo, the world’s biggest winery, created a stir in 2017 when it purchased Stagecoach Vineyard for $235 million. That deal included 600 acres of contiguous vineyard on Pritchard Hill and Atlas Peak. Gallo’s holdings in the Napa Valley also include Louis M. Martini and William Hill Estate.