FORT LAUDERDALE, FLORIDA, August 24, 2020 – – Splash Beverage Group, Inc. (OTC PINK: SBEV) (https://www.SplashBeverageGroup.com) (“the Company”), a holding company of leading portfolio of beverage brands, announces today that Major Brands, a leading Missouri distributor of premium spirits, wine, beer and non-alcoholic beverages, and the largest distributor that remains Missouri-owned and operated, will be distributing the Company’s SALT Naturally Flavored Tequila with 100% Agave throughout the state of Missouri within its base of 9000 retail customers statewide including Walmart Spirits locations.
Major Brands sells and distributes consumer beverages to grocery stores, restaurants and other retail outlets throughout Missouri. The company carries more than 12,000 products including many of the industry’s leading brands in domestic and imported beers, spirits and wines, and specialty non-alcoholic beverages and waters.
CEO Robert Nistico states, “Major Brands is a highly respected organization and we are truly lucky to have them as our distribution partner for the state of Missouri. They are opening all licensed locations with a full launch of our SALT Naturally Flavored Tequila over the next 90 days.”
According to Drinks Market Analysis experts IWSR, A cocktail is a deluxe, hand crafted experience that lends itself to the use of premium spirits and therein lies the opportunities for brands in these higher priced segments: “The IWSR identified ongoing expansion of the cocktail trend out of the US in its 2018 Global Trends Report and this will bode well for the future prospects for tequila. The brands that will be best equipped to capitalise are the ‘premium plus’ tequilas, many of which have already been acquired by the spirits market leaders. Results from the IWSR show that the global market for tequila remains on a strong upward curve.”
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About Splash Beverage Group, Inc.:
Splash Beverage Group specializes in manufacturing, distribution, sales & marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments which they believe leverages efficiencies and dilutes risk.
SBEV believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible pre-existing brand awareness or pure category innovation.
SALT Naturally Flavored Tequila is 100% agave, 80 proof naturally flavored tequila. SALT Tequila is remarkably smooth with a clean and delicate taste. Grown, distilled, and bottled in the region of Jalisco Mexico, each handcrafted bottle of SALT Tequila is the result of years of hard work, determination and countless blends until they reached perfection. SALT Tequila offers a variety of naturally flavored tequilas including Berry, Citrus and Salted Chocolate.
Major Brands, Inc. is a leading Missouri distributor of premium spirits, wine, beer and non-alcoholic beverages, and the largest distributor that remains Missouri-owned and operated.
With offices in St. Louis, Kansas City, Springfield, Columbia and Cape Girardeau, Major Brands employs more than 600 people and serves more than 9,000 retail customers throughout the state. Major Brands represents an outstanding product portfolio that ranges from the top global brands to locally produced craft beers, distilled spirits and Missouri wines.
This press release includes “forward-looking statements” within the meaning of U.S. federal securities laws. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation inability to enter into a definitive agreement with respect to the proposed transaction or to complete the transactions contemplated by the non-binding term sheet, matters discovered by the parties as they complete their respective due diligence investigation of the other. Other factors include the possibility that the proposed transaction does not close, including due to the failure to receive required security holder approvals, or the failure of other closing conditions. The foregoing list of factors is not exclusive. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
SOURCE: Splash Beverage Group, Inc.