BrewBilt Manufacturing on the Way to European Craft Beer Market

Rhea-AI Summary

BrewBilt Manufacturing Inc. (OTCPINK: BBRW) announced that its distribution partner in Finland has secured bank financing for purchasing a brewhouse and fermentation tanks. This facility will serve as the production hub for Mad Finn Brewing Company and a BrewBilt showroom for European sales via Brewery Ninjas. CEO Jef Lewis highlighted the collaboration between BrewBilt and its partners, anticipating strengthened distribution and sales in Europe. The company's commitment to custom-designed brewing systems using high-quality American materials remains a core focus.

Positive

• Secured bank financing by Finnish partner for BrewBilt equipment.
• Establishment of a production hub in Finland expected to boost sales.
• Partnership with Brewery Ninjas aims to expand European market presence.

Negative

• None.

Grass Valley, CA, Feb. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Today BrewBilt Manufacturing Inc. (the "Company") (OTCPINK: BBRW) announced that its distribution partner in Finland has officially closed the required bank financing to purchase their BrewBilt Manufacturing brewhouse and fermentation tanks, which will serve as the production hub of their Mad Finn Brewing Company as well as a BrewBilt showroom for sales to European markets by Brewery Ninjas, their brewery equipment distribution arm.

CEO Jef Lewis stated, "The Company has been working diligently with South Pacific Traders Oy, the parent company of Brewery Ninjas and Mad Finn Brewing Company in Finland. Brewery Ninjas plans on selling BrewBilt Manufacturing equipment to the European community, while Mad Finn anticipates brewing in their own 1,000-square meter facility as well as distributing craft beer produced by BrewBilt Brewing Co. in Northern California. The synergy between BrewBilt Manufacturing and BrewBilt Brewing Co. is expected to support distribution and sales for South Pacific Traders in Europe.”

Follow us on Twitter (@BrewBilt) and Instagram (@BrewBilt_Mfg)

ABOUT BREWBILT MANUFACTURING COMPANY: (http://www.brewbilt.com)

BrewBilt is one of the only California companies that custom designs and hand crafts brewing and fermentation systems for the craft beer industry using best-in-class American stainless steel and built by highly skilled local welders.

FORWARD LOOKING STATEMENTS This document contains forward-looking statements. Forward- looking statements provide current expectations or forecasts of future events and are not guarantees of future performance, nor should they be relied upon as representing management’s views as of any subsequent date. The forward-looking statements are based on management’s expectations and are subject to a number of risks and uncertainties. Although management believes that the expectations reflected in such forward-looking statements are reasonable, actual results may differ materially from those expressed or implied in such statements. Risks and uncertainties that could cause actual results to differ materially include, without limitation, the Corporation’s ability to effectively execute its business plans; the failure of customer quotes to result in executed purchase orders; reduced customer demand for the Company’s products; changes in general economic and financial market conditions; changes in interest rates; changes in the competitive environment; continuing consolidation in the financial services industry; new litigation or changes in existing litigation; losses, customer bankruptcy, claims and assessments; changes in banking regulations or other regulatory or legislative requirements affecting the Corporation’s business; and changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other regulatory agencies. Management may elect to update forward-looking statements at some future point; however, it specifically disclaims any obligation to do so.

Jef Lewis, Chairman and CEO

BrewBilt Manufacturing Inc. – BBRW

(530) 802-5023

Info@BrewBilt.com

Source: BrewBilt Manufacturing Inc.

FAQ

What recent financing was announced by BrewBilt Manufacturing (BBRW)?

BrewBilt Manufacturing announced that its distribution partner in Finland has closed required bank financing to purchase their brewing equipment.

How will BrewBilt Manufacturing's new partnership in Finland affect its business?

The partnership is expected to enhance BrewBilt's distribution and sales capabilities in European markets.

What is the purpose of the new brewhouse and fermentation tanks purchased by BrewBilt's partner?

The brewhouse and fermentation tanks will serve as the production center for Mad Finn Brewing Company and a showroom for BrewBilt equipment.

What is BrewBilt's strategy for the European market?

BrewBilt plans to leverage its partnership with Brewery Ninjas to sell brewing equipment and distribute craft beer in Europe.