SATYRICON Frontman Sold 90% Of His Wine Business For Millions

According to Dagens Næringsliv, SATYRICON frontman Sigurd “Satyr” Wongraven sold 90% of his wine company, Wongraven Wines, in 2019 to Vingruppen, owned by wine and spirits producer Arcus.

Dagens Næringsliv obtained Vingruppen‘s 2019 financial records that showed shares in Wongraven Wines were valued at NOK 51.3 million, which is about $5.4 million.

In 2019, Wongraven Wines had sales of NOK 6.6 million (approximately $700,000), ending the year with a profit of NOK 3.7 million ($390,000) before tax.

About a decade ago, Satyr partnered with Luca Roagna, a fifth-generation winemaker from Piedmont, Italy, to launch the musician’s own brand of wine.

Wongraven and Roagna first met in the spring of 2003 while SATYRICON was on tour in Italy and spent several months in 2010 creating two classic wines that represented a combination of Roagna‘s skilled vineyard work and Satyr‘s vision of traditional Piedmontese wines.

Wongraven also has a number of other wine projects. He has collaborated with Baron-Fuente to make 100% organic Champagnes, and Remy and Armin Grassa to create Bordeaux-style whites.

In a 2019 interview with Wines Of Germany, Satyr was asked if it is possible to draw a parallel between the black metal scene and the wine world. He responded: “Yes, of course. The main reason I can make good blends is the experience, intuition and confidence I have when I work. I know what I want, what it requires from me, and I have vast experience in trusting the process. That is how music is made, and wine is no different, I have learned. You must have a vision and commit to it.”
Source: HRRL News Feed via Blabbermouth.net
SATYRICON Frontman Sold 90% Of His Wine Business For Millions
HRRL News Feed via Blabbermouth.net

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SATYRICON Frontman Sold 90% Of His Wine Business For Millions
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