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InvestorNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Signs Distribution Agreement with Missouri-Based Lohr Distributing
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, is partnering with Lohr Distributing to expand the availability of its brands. The new distribution agreement with Lohr Distribution calls for Lohr to distribute SBEV’s three brands throughout the state. In business for almost 50 years, Lohr Distributing carries more than 200 brands of beer, 525 brands of spirits and 1,250 brands of wine; the company is the exclusive distributor of Anheuser-Busch products for St. Louis. “We continue to execute with more distribution and retail chains,” said Splash Beverage Group chair Robert Nistico in the press release. “This agreement includes all of our brands: Tapout, SALT, Copa Di Vino and Pulpoloco. Also keep in mind St. Louis is the home of AB ONE and Anheuser Busch of whom we have a contractual relationship with, so this is an important city and state for Splash. Additionally, St. Louis is in the top-100 largest cities in the U.S. We view Missouri as the epitome of a heartland U.S. state, and we are very happy to be partnering with Lohr Distributing to put our products in front of Missouri customers. . . . Remember, every time we sign a distribution deal or retail chain, we add revenue.”
To view the full press release, visit https://ibn.fm/sgmVm
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 has 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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