NetworkNewsBreaks – Splash Beverage Group Inc. (
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Posted On: 06/28/2021 4:04:50 PM
NetworkNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Model Leverages Synergistic Acquisitions
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.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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.”
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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