InvestorNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Finalizes Distribution Agreements in Nevada, Maryland for SALT Tequila Brand
Sep 13, 2022
Splash Beverage (NYSE American: SBEV), a portfolio company of leading beverage brands, is continuing its focus on the national expansion of its SALT Tequila offering; the company announced that it has finalized full distribution agreements throughout the states of Nevada and Maryland. SBEV will be working with Central Distributors of Las Vegas for distribution in Nevada and both Carey Distributors and Wantz Distributors in Maryland; the company previously announced a distribution agreement with Buck Distributing, another Maryland distributor as well. “We’re honored to partner with these top-tier distribution companies as consumer demand for SALT Tequila continues to grow along with the entire tequila segment nationally,” said Splash Beverage chair and CEO Robert Nistico in the press release. “We believe SALT is positioned very well to capitalize on this demand; flavored spirits, 100% agave tequilas and the overall tequila segment are key drivers in the spirits segment in the U.S. The agreement with Central Distributors of Las Vegas provides us with terrific opportunity in the Las Vegas and Reno markets. ‘Vegas-born’ Central Distributors is a family-owned wholesaler distributing a diverse portfolio of premium beverages, and we’re proud to have SALT added to their stable. Similarly, our agreements with Carey Distributors, Wantz Distributors, along with Buck Distributing gives us coverage in the entire state of Maryland with distributors carrying top-tier brands, including Anheuser-Busch and Miller Coors.”
To view the full press release, visit https://ibn.fm/9ofjW
About Splash Beverage Group Inc.
Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and nonalcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas, Pulpoloco sangria, and TapouT performance hydration and recovery drinks. Splash’s strategy is to rapidly develop early-stage brands already in its portfolio as well as acquire and then accelerate brands that have high visibility or are innovators in their categories. Led by a management team that has built and managed some of the top brands in the beverage industry and has led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution. For more information about the company, please 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
About InvestorWire
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.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer
InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]
InvestorWire is part of the InvestorBrandNetwork.
TAT is expanding Nihao Month 2026 to boost travel to China and increase engagement
TAT's Nihao Month 2026 targets Chinese tourists with Meituan promotions, cultural events, and KOL trips to boost engagement.
Hong Kong malls bet on Asian Games to boost footfall, tenant sales amid spending shifts
Hong Kong shopping mall operators are extending a strategy used during this year’s Fifa World Cup into the Asian Games, leveraging major sporting events to draw visitors and support tenant sales as retailers face competition from Shenzhen, overseas shopping and online spending. Sino Group is among the landlords expanding the strategy beyond tournament broadcasts. It expects foot traffic across four malls to increase during its Asian Games campaign, with selected merchants forecast to record...
P74-M facility to boost Cabanatuan rice processing
MANILA, Philippines — The Department of Agriculture (DA) has opened a new P74.4-million rice processing facility in Cabanatuan to improve postharvest processing in Nueva Ecija, the country’s top rice-producing province. The facility, inaugurated on Thursday, includes a multi-stage rice mill that can process 4 to 5 tons per hour, along with three recirculating dryers, each
Soft demand to slow Toyota’s PH production in ‘26
MANILA, Philippines — Philippine production at Japanese automotive giant Toyota may slow in 2026 as weak demand weighs on vehicle sales, putting the automaker on track to fall short of its banner production year in 2025. According to Toyota Motor Philippines senior vice president Sherwin Chua-Lim, output from the company’s Santa Rosa plant in Laguna may
Meat traders buck plan to raise pork jowl tariffs
MANILA, Philippines — Philippine meat importers are pushing back against the Department of Agriculture’s (DA) bid to reclassify frozen pork jowls as swine meat, a move that would raise the tariff on the imported cut to up to 40 percent. In a June petition to the Tariff Commission, the DA noted that retailers and food
Yuchengco urges SEC to withdraw broker-director term limits
MANILA, Philippines — Philippine Stock Exchange director Ma. Vivian Yuchengco urged the Securities and Exchange Commisison (SEC) to revoke term-limit rules for broker-directors, asserting that shareholders should determine the tenure of their elected representatives on the board. In a statement, Yuchengco reiterated her opposition to SEC Memorandum Circular No. 17, Series of 2026, which caps broker-directors’
NGCP boosts grid capacity with P23.5-B transmission project
MANILA, Philippines — The National Grid Corporation of the Philippines (NGCP) is on track to activate P23.5 billion worth of transmission projects this year as it works to strengthen the country’s grid network further. Breaking it down, NGCP assistant vice president Leonor Felipa Cynthia Alabanza said the grid operator is spending around P11 billion to finish
Debt ratio seen rising to 70.7% by 2027 in severe conditions
MANILA, Philippines — Philippine debt could climb to as much as 70.7 percent of gross domestic product by 2027 under a severe downside economic scenario, according to a sensitivity test that flagged the government’s growth assumptions as still too optimistic. The estimate is not a forecast but forms part of the alternative growth scenarios developed by
PH to unveil integrated trade-climate strategy by November
GENEVA, Switzerland — The Philippines will unveil an integrated Trade-Climate Strategy by November, outlining a framework to align domestic policies, boost trade competitiveness, and ensure key sectors are regulatory-ready. The Philippine Mission to the World Trade Organization (WTO) told the Inquirer that it will launch the integrated Trade-Climate Strategy at the United Nations Climate Change Conference
PH backs careful recalibration of global trade rules—official
GENEVA, Switzerland — Many developing countries, including the Philippines, are open to a careful recalibration of the global trading system that protects its foundation while ensuring fairness, according to a Philippine government official here. Speaking at the launch of the World Trade Organization (WTO) World Trade Report 2026, Ambassador Manuel Antonio Teehankee, the Philippines’ Permanent Representative
PSEi rebounds on bargain hunting but stays below 6,000
MANILA, Philippines — Philippine stocks bounced back on Thursday as investors hunted for bargains following two straight sessions of losses, although the benchmark index remained below the 6,000 level. The Philippine Stock Exchange Index (PSEi) climbed 0.70 percent, or 41.70 points, to close at 5,958.64. READ: PSEi drops below 6,000 on slower growth, geopolitical woes Philstocks
DOF, IMF to refine economic forecasting
MANILA, Philippines — The Department of Finance will work with the International Monetary Fund to enhance its macroeconomic forecasting model and improve fiscal planning projections. In a technical assistance report, the IMF said the DOF agreed to integrate the Comprehensive Adaptive Expectations Model (CAEM) into its existing forecasting tools for revenue predictions. READ: Amro cuts
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.