Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced the expansion of its existing agreement with AB ONE to include AB ONE SoCal. According to the update, Southern California is AB ONE’s largest single market in the United States and covers an area with a population of more than 20 million through national chains that include Walmart, Kroger, Albertsons and Winco Foods. “As we add a new dimension to our existing relationship with InBev/AB ONE with the launch of TapouT in Walmart Southern California, it’s important the market understands the significance of these announcements, which is, product availability and revenue,” said Robert Nistico, CEO of Splash Beverage Group. “Their job is to deliver to retail and put it on the shelf. Of course, we help by providing retail key chain authorizations such as Walmart for example. The incredible string of distribution agreements we have secured since mid-January launches a revenue stream for Splash in this vital distribution network.”
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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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