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FORT LAUDERDALE, FL - (NewMediaWire) - June 13, 2024 - Splash Beverage Group Inc. (NYSE American: SBEV) ("Splash" or the "Company"), a portfolio company of leading beverage brands, is excited to announce that it has secured comprehensive distribution coverage for its brands throughout the state of Colorado. This significant milestone has been achieved through a new relationship with Legacy Distribution Group.
Legacy Distribution Group, renowned for their expertise in transforming innovative brands into household names within Colorado, will now distribute Splash Beverage Group's diverse portfolio including Copa di Vino, Pulpoloco and SALT Tequila to retailers and on-premise operators across the state. This collaboration is an important step toward achieving convenient consumer access throughout Colorado to Splash's brand portfolio.
"We are thrilled to partner with Legacy Distribution Group," said Robert Nistico, CEO of Splash Beverage Group. "Their impressive track record, full state coverage and deep market penetration make them the perfect partner to help us expand our footprint in Colorado. A strong distribution network is crucial to the long-term success of our business. It is through this network that we can reach retailers and ultimately, the end consumer to enjoy our fabulous products."
This statewide distribution agreement marks a pivotal step in Splash Beverage Group's growth strategy. Colorado was, prior to this relationship, one of the few major markets the Company did not have access to. With Legacy Distribution Group's extensive network and market expertise, the company is well-positioned to significantly increase its market presence and consumer base in Colorado.
About Splash Beverage Group, Inc.
Splash Beverage Group, an innovator in the beverage industry, owns a growing portfolio of alcoholic and non-alcoholic beverage brands including Copa di Vino wine by the glass, SALT flavored tequilas and Pulpoloco sangria. 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 led sales from product launch into the billions, Splash is rapidly expanding its brand portfolio and global distribution.
About Legacy Distribution Group
Legacy Distribution Group is a premier distributor with a longstanding reputation for excellence in the beverage industry. Known for their ability to nurture emerging brands and elevate them to mainstream success, Legacy Distribution Group is dedicated to providing comprehensive market coverage and exceptional service to their partners.