R. Michael Mondavi, President and CEO of Robert Mondavi (Nasdaq: MOND - news), announced today the company's acquisition of Arrowood Vineyards & Winery in Sonoma County, California. The winery, located in Glen Ellen in the Sonoma Valley, produces critically- acclaimed, luxury category varietal wines (most selling for $27 per bottle and up) from grapes grown throughout Sonoma County.