Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, has expanded its Tequila footprint in Tampa Bay, a region known for having a high population of millennials. “Tampa is a hotbed for millennials, people aged 24-39 by common definitions, as the median age of a Tampa resident is 34.7 years. The ethos of millennials is rooted in experience and variety, an identity lending to the increased popularity of tequila,” reads a recent article. In January, Splash acquired Copa Di Vino; with this acquisition came a relationship with Pepin Distributing, a 54-year-old wine and spirits distributor that supplies Copa Di Vino in the greater Tampa Bay region. “Under the new ownership of Splash, it didn’t take long for the relationship with Pepin to expand from only Copa Di Vino to now include Splash’s SALT naturally flavored 100% Blanco agave tequila line. The expanded relationship with Pepin is representative of the model of Splash to make synergistic acquisitions on any number of levels, be it manufacturing, marketing or distribution.”
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About Splash Beverage Group Inc.
Splash Beverage Group specializes in the manufacturing, distribution, sales, and marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments, which the company believes leverages efficiencies and dilutes risk. SBEV believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible preexisting brand awareness or pure category innovation. For more information about the company, visit www.SplashBeverageGroup.com.
NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://nnw.fm/SBEV
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