Splash Beverage Group Expands Distribution in Eastern US
15 Juni 2023 - 4:55PM
via NewMediaWire – Splash Beverage Group, Inc. (NYSE American:
SBEV) ("Splash" or the "Company"), a portfolio company of leading
beverage brands, today announced it has broadened its growing
distribution coverage. In Central Virginia, Splash has
expanded its existing partnership with Brown Distributing, in which
Brown will now add TapouT and Pulpoloco to its portfolio of
beverages. In addition, Splash announced a partnership with Pine
State Beverage, covering the majority of the state of Maine. The
two companies have entered into distribution agreements for two of
Splash's top-selling brands, Copa di Vino and Pulpoloco.
Known for its commitment to delivering superior products to its
consumers, Brown Distributing has been a staple in the Virginia
beverage market since 1919. With the addition of TapouT and
Pulpoloco to its portfolio, Brown Distributing is excited to offer
even more high-quality and innovative products to its
customers. Pine State Beverage, headquartered in Gardiner,
Maine, has been a leading distributor of premium beverages for over
80 years, with a reputation for excellent customer service and a
deep understanding of the market. The company has grown over the
years and is one of New England’s leaders in the marketing and
distribution of beverage products with a customer base that is over
2000 strong and growing among retailers, restaurants, venues and
special event operators.
"Partnering with Brown Distributing and Pine State Beverage are
fantastic opportunities for Splash Beverage Group," said Robert
Nistico, CEO of Splash Beverage Group. “This supports our
discussion in our April update ... we continue to add
distribution and retail in our universe. The better our
coverage, the more retail chains will authorize our products.
The authorizations don’t happened overnight, as I’ve described, but
agreements like these are very important as we fill in
coverage and increase availability.”
About Splash Beverage Group, Inc.Splash
Beverage Group, an innovator in the beverage industry, owns a
growing portfolio of alcoholic and non-alcoholic beverage brands
including Copa di Vino wine by the glass, SALT flavored tequilas,
Pulpoloco sangria, and TapouT performance hydration and recovery
drink. Splash’s strategy is to rapidly develop early-stage brands
already in its portfolio as well as acquire and then accelerate
brands that have high visibility or are innovators in their
categories. Led by a management team that has built and managed
some of the top brands in the beverage industry and led sales from
product launch into the billions, Splash is rapidly expanding its
brand portfolio and global distribution.
For more information visit:
www.SplashBeverageGroup.com www.copadivino.com
www.drinksalttequila.com www.pulpo-loco.com
www.tapoutdrinks.com
Forward-Looking StatementThis press
release includes “forward-looking statements” within the meaning of
U.S. federal securities laws. Words such as “expect,” “estimate,”
“project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,”
“may,” “will,” “could,” “should,” “believes,” “predicts,”
“potential,” “continue” and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements involve significant risks and uncertainties that could
cause the actual results to differ materially from the expected
results and, consequently, you should not rely on these
forward-looking statements as predictions of future events. These
forward-looking statements and factors that may cause such
differences include, without limitation, the risks disclosed in the
Company’s Annual Report on Form 10-K filed with the SEC on March 8,
2021, and in the Company’s other filings with the SEC. Readers are
cautioned not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. Except as
required by law, the Company disclaims any obligation to update or
publicly announce any revisions to any of the forward-looking
statements contained in this press release.
Contact Information:Splash Beverage
GroupInfo@SplashBeverageGroup.com954-745-5815
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