Financial News
InvestorNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Signs TapouT Distribution Agreement with UNFI
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, is partnering with United Natural Foods (“UNFI”) to distribute the company’s TapouT Performance product line. Through the agreement, UNFI will distribute the performance hydration and recovery drinks through Southeastern Grocer’s 515 Winn Dixie Stories, which are located throughout the southeastern United States, as well as other areas where the product line hasn’t previously been available. The largest publicly traded wholesale distributor delivering healthier food options to people throughout the United States and Canada, UNFI provides more than 250,000 natural, organic and conventional products to an impressive line of natural product superstores, independent retailers, conventional supermarket chains and ecommerce retailers, which serve some 30,000 consumers. “We are absolutely thrilled to have reached an agreement with UNFI to distribute TapouT through its network,” the company stated in a press release. “UNFI’s authorization of TapouT is a testament to its all-natural ingredients and clean label. UNFI maintains high standards resulting from their massive natural-foods customer base. The initial 515 Winn Dixie stores represent a significant increase in our distribution reach and opens the door to significantly more UNFI locations, both natural grocery chains and traditional retail locations. This provides needed incremental distribution coverage to the DSD network we’re building throughout the United States. This is a major milestone in our strategic growth plan and gives us an advantage over the competition as we can now start to penetrate the natural food channel in earnest.”
To view the full press release, visit https://ibn.fm/7TXvM
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 drinks. 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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