Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful beverage brands, achieved cumulative sales of $2.975 million in 2020 while also seeing a nearly tenfold rise in quarterly sales between the first and fourth quarter of the year (https://ibn.fm/4R6I8). The growth was influenced by trends in the U.S. alcoholic beverage industry, and the company is further expanding its revenue-generating opportunities by targeting off-premises channel initiatives to deal with social distancing regulations. Splash also anticipates on-premises channel growth once hotels, restaurants and bars start to reopen. Among the company’s achievements and milestones, “its SALT Naturally Flavored tequila had been approved by Walmart in August of last year,” explains a recent article. In addition, “Splash Beverage recently completed the acquisition of Copa Di Vino, the nation’s largest ‘wine by the glass’ manufacturer. The company boasts a retail distribution footprint amounting to over 13,000 outlets across the country.”
To view the full article, visit https://ibn.fm/NQpqC
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://ibn.fm/SBEV
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.
With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.
Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.
For more information, please visit https://www.InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.