Maiyas Beverages And Foods Private has secured an investment of Rs2bn ($29.9m) to expand its portfolio by launching new food products.

The Indian ready-to-eat food provider has raised the funds from private equity firms Peepul Capital and Ascent Capital Advisors, with the former providing 80% of the total investment.

The British Bottle Company has formed a partnership with Vine Street Imports (VSI) to expand its business in the US by introducing its UK-based drink brands through VSI.

"According to the terms of the deal, the British Bottle Company will initially export 12 of its sparkling wines and two gins to the US."

According to the terms of the deal, the British Bottle Company will initially export 12 of its sparkling wines and two gins to the US. The brands will include Digby Fine English, Hush Heath Estate, Bolney Wine Estate, Camel Valley, and Pinkster Gin.

To boost its business, the company further intends to establish a subsidiary in the US and hire a country manager to handle the marketing of its products.

VSI is a US-based importer of fine wines from across Australia, New Zealand, Portugal, Washington State, and California.

Far Niente Winery will be acquired by private equity firm GI Partners, in a deal that is expected to be completed in June 2016.

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GI Partners will acquire the Napa-based wine producer’s Far Niente, Dolce, Nickel & Nickel, EnRoute, and Bella Union wineries, as per the terms of the agreement.