STOCK TITAN

Splash Beverage Group Gains New Distribution with Convenience Store Chain Brewer Oil Company for TapouT Distribution Across New Mexico

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Splash Beverage Group (SBEV) announced an expansion of its TapouT Performance Drinks distribution into Brewer Oil Company’s convenience stores across New Mexico. This partnership signals growth in retail availability, supported by the successful relationship with Kalil Bottling Company. Brewer Oil, a well-established convenience store chain, is known for its quality offerings.

CEO Robert Nistico emphasized the alignment of this expansion with the Company's broader growth strategy to target national distributors and regional retailers.

Positive
  • Expansion of TapouT Performance Drinks into Brewer Oil Company’s convenience stores enhances product availability.
  • Strengthened distribution partnership with Kalil Bottling Company supports growth strategy.
Negative
  • None.

Fort Lauderdale, Florida, July 06, 2022 (GLOBE NEWSWIRE) -- Splash Beverage Group, Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, today announced that it will now be selling all four SKUs of TapouT Performance Drinks into Convenience Store Chain, Brewer Oil Company in New Mexico.

Brewer Oil Company, headquartered in Albuquerque, New Mexico was founded in 1958 with an initial service station in Artesia.  Brewer Oil continues to serve wholesale and retail customers with not only automotive services, but with retail convenience stores throughout New Mexico from Albuquerque to Espanola, Las Cruces to Capital, and Roswell to Loving.

“Our product availability continues to grow with this latest retail expansion news,” said Robert Nistico, Splash Beverage Group’s Chairman and CEO. “Our growth strategy has always involved targeting the large, national distributors, regional grocers, and retail outlets. This is very much aligned with that strategy.  It’s also more evidence of the strength of our new distribution relationship with Kalil Bottling Company who has done an amazing job in Arizona and who ultimately made this retail authorization happen. Brewer Oil has a top convenience store chain in New Mexico with strong reputation for fresh and ready to eat food with a broad beverage selection.” 

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

Attachment


Splash Beverage Group, Inc.

NYSE:SBEV

SBEV Rankings

SBEV Latest News

SBEV Stock Data

10.90M
51.96M
16.99%
7.06%
0.38%
Beverages - Wineries & Distilleries
Beverages
Link
United States of America
FORT LAUDERDALE