Splash Beverage Group Inc. (SBEV) Leadership Can Spot a Trend, Boasts Sales Growth to Prove It

May 17, 2021

May 17, 2021 12:08:07
  • Splash CEO and Chairman Robert Nistico took Red Bull North America from zero to $1.65 billion in annual sales
  • Acquisition of Copa Di Vino in December was latest demonstration of Nistico and his quality leadership team recognizing accelerating trends
  • Splash’s product portfolio is comprised of alcoholic and non-alcoholic brands including TapouT performance beverages, the official training partner of the WWE
  • Splash’s sales doubled in the 1st Quarter 2021 to $2.4 million compared to 4th Quarter 2020. Almost reached the sales for the whole year 2020 of $2.9 million
George Clooney. Sean “Puffy” Combs. Ryan Reynolds. Robert Nistico. While the first three names likely ring a bell, Nistico is probably more of a mystery. Nistico may not be a celebrity entertainer, but he does have a common thread with Clooney, Combs and Reynolds insomuch that he’s been a part of successful beverage brands. Nistico has spent three decades in the beverage industry, including being the fifth employee and SVP/General Manager of Red Bull North America, where he led the start-up from zero sales to $1.65 billion annually. He also founded Marley Beverages, which was acquired in 2017 by New Age Beverages Corporation (NASDAQ: NBEV) (https://ibn.fm/uBYVK), and held executive positions at Diageo (NYSE: DEO), Republic National Distributing Company and the Gallo Wine Company. Nistico has now brought all those years of experience to upstart Splash Beverage Group (OTCQB: SBEV), where he has assembled a formidable portfolio of brands that are aligned with consumer trends. The Fort Lauderdale, Florida-based company has diversified beverages in the product bag, a strategy that de-risks operating in the… 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

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