Chateau Segonzac International Group has commenced international Winery mergers and acquisition fund in the US.

The start of the fund is a part of Segonzac's plan for international expansion and will focus on globalisation and mergers of wineries for wine trade and investment.

Segonzac stated that it hoped to bring its Sino-French-made wine into the US market, which will be an important part of Segonzac's worldwide business network, while it is also looking for quality wineries in the US for merging. 

Chateau Segonzac International Group executive president Kelvin Li said: "Our goal is to create added value for capital venture and investment fund, by building a bridge among investors, wine producers and consumers."

The winery has proposed a concept called Fund to Business to Customer, which details the relationships between venture capital, wine producers and consumers in the wine business.

Li added that Segonzac aims to offer a platform to connect investors, producers and consumers.

The firm claimed that it works towards integrating wine culture with venture capital, creating a new path of development for the wine dealing business.

Founded in 1887 in France, Chateau Segonzac owns a 40ha vineyard that grows Cabernet Sauvignon, Merlot and Malbec grape varieties.

Chateau Segonzac International was set up in Hong Kong, initially focused on acquiring the French winery and launch of ongoing Winery investment fund.

The Hong Kong-headquarter is jointly funded by Austchi Dragon and several other Hong Kong and Mainland China enterprises.

Austchi Dragon was registered in Australia in 2004 and it set up its Chinese branch in Shenzhen in 2007.