Splash Beverage Expands Distribution through Suncoast Beverage in Southwest Florida

Rhea-AI Summary

On March 1, 2022, Splash Beverage Group, Inc. (SBEV) announced an expansion of its distribution agreement with Suncoast Beverage Sales in Southwest Florida. This new agreement will include the distribution of SALT tequila and TapouT performance drinks alongside existing products like Copa di Vino and Pulpoloco. CEO Robert Nistico emphasized the importance of distribution in the beverage industry and the company's strategy to penetrate key consumer markets. SALT tequila is noted for its 100% blanco agave quality, while TapouT drinks offer hydration and recovery benefits.

Positive

• Expansion of distribution with Suncoast Beverage Sales to include SALT tequila and TapouT performance drinks.
• Increased penetration into the Southwest Florida market through a strong distribution partner.

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• None.

Fort Lauderdale, Florida, March 01, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that through its existing agreement with Suncoast Beverage Sales in Southwest Florida,  it will now distribute SALT tequila and TapouT performance drinks as well.

Suncoast Beverage Sales is the authorized distributor of Anheuser-Busch products to wholesalers, restaurants, sports lounges, drug stores, the hospitality industry and other commercially licensed institutions in Southwest Florida. Suncoast Beverage Sales distributes a selection of specialty beers, flavored malt beverages, and non-beer brands.

Robert Nistico, CEO of Splash commented, “We continue to expand our footprint across Southwest Florida with the expansion of our distribution agreement with Suncoast. Suncoast is already one of our strong partners through which we sell our Copa di Vino and Pulpoloco brands.  The agreement will now expand to include our SALT tequila and TapouT performance drinks.  The beverage business is all about distribution, and we continue to execute our business strategy of blanketing important consumer markets through key distribution partners like Suncoast. We look forward to growing our business with Suncoast.”

Salt Tequila is naturally flavored 100% blanco agave tequila with a clean and sweet taste. Grown, distilled, and bottled in the region of Jalisco Mexico, each pristine bottle of Salt is the result of hard work, determination and countless blends. Salt Tequila offers a variety of naturally flavored tequilas to enhance the pleasure. 

TapouT is an international lifestyle brand include a complete line of high-performance sports drinks. TapouT Performance and TapouT Hybrid both feature a 3-in-1 advanced performance formula that delivers hydration and cellular recovery benefits.  TapouT performance drinks restore what the body loses through physical exertion with 12 key vitamins, 68 minerals and all 5 electrolytes.

Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev

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 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.

Contact Information:
Splash Beverage Group
Info@SplashBeverageGroup.com
954-745-5815

Attachments

• Splash Beverage Expands Distribution through Suncoast Beverage in Southwest Florida
• Splash Beverage Expands Distribution through Suncoast Beverage in Southwest Florida

FAQ

What recent distribution agreement did SBEV announce?

SBEV announced an expanded distribution agreement with Suncoast Beverage Sales in Southwest Florida.

What products will be included in the new SBEV distribution agreement?

The new distribution agreement includes SALT tequila and TapouT performance drinks.

When was the distribution expansion by SBEV announced?

The distribution expansion was announced on March 1, 2022.

Who is the CEO of Splash Beverage Group?

The CEO of Splash Beverage Group is Robert Nistico.

What is TapouT and what are its benefits?

TapouT is an international lifestyle brand featuring high-performance sports drinks that provide hydration and recovery benefits.