Splash Beverage Group Reaches Distribution Agreement With Carolina Premium Beverage for North Carolina
March 02 2023 - 8:30AM
via NewMediaWire – Splash Beverage Group, Inc. (NYSE American:
SBEV) (“Splash” or the “Company”), a portfolio company of leading
beverage brands, announced that it has reached a distribution
agreement with Carolina Premium Beverage for distribution of Copa
di Vino, Pulpoloco and TapouT across the North Carolina market.
Carolina Premium Beverage has serviced the Charlotte market for
more than 80 years through more than 40 suppliers and 2,800
retailers. With more than 6.8 million cases delivered each
year, CPB ranks among the top 1% of beer wholesalers in the nation,
based on total volume and size.
Robert Nistico, Splash Beverage Group’s Chairman and CEO,
commented, “We’re delighted to be added to Carolina Premium
Beverage’s distribution. CPB is the premium distributor in the
State of North Carolina. This agreement gets all three of our
brands into a large swath of North Carolina including the critical
Charlotte market. Combined with our recent announcement of
our Publix authorization for TapouT in North Carolina, and other
distributors in Alabama and Florida, this makes Splash ideally
placed to service the vibrant and growing markets in the
Southeastern US. We continue to add top rated distribution partners
across the U.S., this is exactly on strategy and builds retail
distribution and Splash revenues. On a side note, I have a
long term, very positive relationship with senior management and
personally look forward to working the market! ”
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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 visit:
www.SplashBeverageGroup.comwww.copadivino.comwww.drinksalttequila.comwww.pulpo-loco.comwww.tapoutdrinks.com
Forward-Looking StatementThis 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
GroupInfo@SplashBeverageGroup.com954-745-5815
Investor Information:TraDigital IRJohn
McNamaraEmail: john@tradigitalir.comPhone: (917) 658-2602
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