Champagne Indage managing director Ranjit S Chougule said: "This is an exciting milestone for our company, and we are looking forward to scaling our growth with this acquisition. The consolidated assets will give us a large-scale route to market efficiency in a price competitive market such as the UK, not to mention the positive relationships with large institutional buyers."
Last year Indage bought Thachi, and then fellow South Australian wineries Loxton and VinCrest earlier this year.
Indage describes Corby as "Europe's most technically competent filler of wine into bag-in-box, with expertise in wine handling techniques and imaginative product formats".
The Indian company was established in 1982 and employs 600 staff in 10 facilities around the world. It owns 2,500ha of vineyards and produces red, white and sparkling wines to sell in 60 countries.