Acquisition Leads Splash Beverage Group Inc. (SBEV) to Expanded Tequila Footprint in Tampa Markets

May 19, 2021 08:52:43
  • In January, Splash Beverage Group acquired Copa Di Vino, leading producer of “wine by the glass” in U.S., immediately creating relationship with Copa Di Vino distributor Pepin Distributing
  • Pepin has built distribution empire in Tampa Bay region to include distribution of 168+ premium brands with annual sales of over 10 million cases, 150,000 barrels of national and craft beers, growing wine and spirits portfolio
  • Pepin has now added Splash’s SALT naturally flavored 100% Blanco agave tequila line to its product offerings, which will offer considerable exposure to Tampa’s large millennial population
Now that the world has reached a generational inflection point where nearly 80 million millennials outnumber other generations, getting in front of this group’s trends and all their spending power can have a substantive effect on a company’s top and bottom lines. For a spirits company, that’s where having an existing distribution network in a prime millennial region can lead to horizontal growth and a meaningful increase in sales. This month, that’s the exact scenario that played out for Splash Beverage Group (OTCQB: SBEV), as an acquisition was a gateway to get another product into the Tampa, Florida markets. Splash is a portfolio company offering several types of alcoholic and non-alcoholic beverages, ranging from TapouT performance drink to a unique line of naturally flavored tequila. In January, the Fort Lauderdale-based company acquired Copa Di Vino, the leading producer of… Read More>> NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://ibn.fm/SBEV

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW) 8033 Sunset Blvd Suite 1037-IW Los Angeles, CA 90046 310.299.1717 Office www.InvestorWire.com [email protected]

InvestorWire is part of the InvestorBrandNetwork.