NetworkNewsBreaks – Splash Beverage Group Inc. (
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Posted On: 06/07/2021 3:34:19 PM
NetworkNewsBreaks – Splash Beverage Group Inc. (SBEV) Secures Distribution for Entire Portfolio in World’s Largest Alcoholic Beverages Market
Splash Beverage Group (OTCQB: SBEV), a holding company building a leading portfolio of beverage brands, today announced expansion of its recently signed distribution agreement with China-based American Software Capital (“ASC”) to include its Copa Di Vino and Pulpoloco brands. These are in addition to the previously announced distribution of hydration and recovery brand TapouT Performance and SALT Naturally Flavored Tequila. ASC, a manufacturer and distributor of consumer goods, has robust marketing resources and impactful relationships with chains and outlets throughout Greater China. According to a report from Mersol & Luo, China is the largest market for alcoholic beverages in the world. “While the import and distribution of Splash’s brands address immediate demand in the China market for Western spirits and non-alcoholic beverages, and we expect a near-term contribution to revenues, we are concurrently working with ASC to establish local manufacturing and streamline operations to maximize profitability in the region,” said Robert Nistico, CEO of Splash.
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Splash Beverage Group (OTCQB: SBEV), a holding company building a leading portfolio of beverage brands, today announced expansion of its recently signed distribution agreement with China-based American Software Capital (“ASC”) to include its Copa Di Vino and Pulpoloco brands. These are in addition to the previously announced distribution of hydration and recovery brand TapouT Performance and SALT Naturally Flavored Tequila. ASC, a manufacturer and distributor of consumer goods, has robust marketing resources and impactful relationships with chains and outlets throughout Greater China. According to a report from Mersol & Luo, China is the largest market for alcoholic beverages in the world. “While the import and distribution of Splash’s brands address immediate demand in the China market for Western spirits and non-alcoholic beverages, and we expect a near-term contribution to revenues, we are concurrently working with ASC to establish local manufacturing and streamline operations to maximize profitability in the region,” said Robert Nistico, CEO of Splash.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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