Mission Estate Winery will acquire Ngatarawa brands as the owners of the Hawke's Bay winery step away from the business.
The sale is due to be complete by June 30
Mission Estate chairman Phil Hocquard said: "We respect the heritage and standing of Ngatarawa in the wine community and value its addition to the Mission brand portfolio.
"This is an exciting move for Hawkes Bay and the industry, representing a new era for Mission."
Alwyn Corban, who owns Ngatarawa with Brian Corban, told the Herald they would be stepping away from the business after the transition period.