Splash Beverage Group Enters Distribution Agreement with North Carolina’s Coastal Beverage Company
21 Juni 2023 - 4:02PM
via NewMediaWire - Splash Beverage Group, Inc. (NYSE American:
SBEV) (“Splash” or the “Company”), a portfolio company of leading
beverage brands, today announced it has entered a distribution
agreement with North Carolina based Coastal Beverage Company for
three Splash Beverage brands, Copa di Vino, Pulpoloco and TapouT.
Coastal Beverage Company, headquartered in Wilmington, NC, was
founded in 1960 with just six employees serving less than two
hundred customers. Through organic growth and acquisition,
Coastal Beverage now covers most of the North Carolina coastline,
reaching 22,000 retailers in its territory with a broad spectrum of
popular brands as wholesaler for Miller Coors.
“We are very pleased to join the Coastal Beverage network,” said
Robert Nistico, Chief Executive Officer of Splash Beverage Group.
“This territory has previously been uncovered for us, so it
introduces a whole new population to Splash products.
The North Carolina coast includes some of the fastest
growing population centers in the state and we’re excited to
introduce our brands to these potential new customers.”
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 wines by the
glass, SALT flavored tequilas, Pulpoloco sangrías, and TapouT
performance hydration and recovery drinks. 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.comwww.copadivino.comwww.drinksalttequila.comwww.pulpo-loco.comwww.tapoutdrinks.com
Forward-Looking Statement:
This 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.
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