- Sales have steadily surged at Splash Beverage from $112,003 for Q1 2020 to $1.24 million in Q4 for $2.98 million for all of 2020
- Bill Meissner, Peter McDonough joined Splash Beverage Group in 2020, bringing decades of executive blue chip experience
- Splash completed $6 million acquisition of Copa Di Vino in early January 2021, made several other growth deals that will continue to improve financial performance in 2021 and beyond
The beverage game is big business—whether it’s alcoholic or non-alcoholic drinks. Some famous actors have put the spirit world on full display in recent years, including George Clooney selling his Casamigos tequila brand for reportedly up to $1 billion (https://ibn.fm/6XGCi) and Ryan Reynolds exiting his Aviator gin brand for up to $610 million (https://ibn.fm/YIpIk). There’s a reason that Dwayne “The Rock” Johnson has jumped into the space with his own tequila and Snoop Dogg is peddling a gin line as well. The beverage sector is experiencing tremendous growth, and while these celebrity brands are receiving a lot of attention, there are dozens of other brands making headlines with massive exits. Accelerating preexisting brands is the area of specialty for another up-and-comer in the space, Splash Beverage Group (OTCQB: SBEV). By diversifying into both alcoholic and non-alcoholic segments, the Fort Lauderdale, Florida-based company de-risks its future while benefiting from production, supply chain and distribution efficiencies.
The company’s brands include TapouT Performance (a hydration and recovery sport drink and partner to World Wrestling Entertainment (NYSE: WWE), SALT Naturally Flavored Tequila, Pulpoloco Sangria and…
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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