Financial News
InvestorNewsBreaks – Splash Beverage Group Inc.’s (NYSE American: SBEV) TapouT to be Carried by Large Convenience Store Chain
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, announced that ampm, a division of BP with more than 1,100 outlets in five western states, will begin selling TapouT, its performance hydration and recovery drinks. The SBEV drink will be available in California, Arizona, Washington, Nevada and Oregon starting next month. According to the announcement, ampm stores are attached to existing ARCO fueling stations and have built a reputation for offering quality food and drinks. “In addition to the last two retail announcements this month, this authorization further enhances our footprint in the western U.S.,” said Splash Beverage chair and CEO Robert Nistico in the press release. “With more than 1,100 outlets, this authorization is one of our largest single authorizations to date in terms of store count. All four TapouT SKU’s will be sold once the rollout takes place in mid-September, significantly increasing visibility and accelerating revenue. This authorization is another testament to the distribution footprint Splash has been building. Large retailers such as ampm now understand we effectively manage large distribution networks, which gives them the confidence to put Splash products in front of their customers.”
To view the full press release, visit https://ibn.fm/7Cbyh
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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