Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced it has expanded its growing distribution coverage. According to the update, Splash, in Central Virginia, 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 has formed 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. “Partnering with Brown Distributing and Pine State Beverage are fantastic opportunities for Splash Beverage Group,” said CEO Robert Nistico. “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 happen overnight, as I’ve described, but agreements like these are very important as we fill in coverage and increase availability.”
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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 about the company, visit www.SplashBeverageGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://ibn.fm/SBEV
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