Splash Beverage (NYSE American: SBEV), an innovator in the beverage industry with a growing portfolio of alcoholic and nonalcoholic beverage brands, has been authorized to sell its TapouT performance drink in Florida Walmart stores; the company’s strategy is to start by selling the beverage with 47 Walmart stores located in major metropolitan regions. According to the announcement, the large retail chain has approximately 341 stores in the state of Florida, the second largest number of stores by state in the U.S. “We are thrilled with this Walmart authorization, and this is a wonderful way to start 2022,” said Splash Beverage Group’s chair and CEO Robert Nistico in the press release. “Walmart is extremely selective in the brands they choose to offer their shoppers and selecting TapouT is great validation that TapouT can compete at the highest level with the biggest global brands. We are grateful to Walmart for the opportunity, and equally grateful to our distribution partner AB One and the Anheuser Busch network, who’s credibility with Walmart we are certain played an important role in our selection. The opportunity for significant growth within the Walmart Florida market and beyond is one that we will eagerly seize, and we appreciate the validation and confidence Walmart has demonstrated with us and the TapouT brand.”
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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 nonalcoholic 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, please 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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