Lars Fensli Hvalgård-Bakke has acquired 25 per cent of shares in Arendal Vintners as part of a private placement the company did in early September. Mr. Hvalgård-Bakke also runs a law-practice, and is specialized in corporate issues. Besides being a lawyer he has an in-dept knowledge of the wine-business, both from the tasting side and the economical related aspects. He is frequently travelling to in Piemonte and other wine producing areas in Italy and France. Having spent years of his education in Germany, he also has a soft spot for German wines.
Arendal Vintners is working within a highly regulated sector in Norway. His judical expertise is an obvious reason for inviting Mr. Hvalgård-Bakke to take part in the ownership of the company. However, his amazing insight in the world of wine, that was the real reason!