FORT LAUDERDALE, FLORIDA, September 2, 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 to all Fresh Thyme Market™ locations in the state.
Major Brands sells and distributes consumer beverage alcohol to grocery stores, restaurants and other retail outlets throughout Missouri.
Fresh Thyme Market™ was originally founded by Chris Sherrell in September 2012 and grew the chain to 75 stores in 11 states, mainly in the upper Midwest. The specialty grocer focuses on providing fresh, natural and organic products in a farmer’s market-style shopping experience.
CEO Robert Nistico states, “Fresh Thyme is a rapidly growing brand with 77 stores in 11 states, with financial backing provided by Meijer, Inc., and we’re proud to be in their Missouri stores. We are confident that our partnerships with fantastic distributors such as Major Brands and others will continue to increase our access to market and potential market share capture.”
According to an Aug 31, 2020 article by Juan Banaag at Shanken News Daily, an exclusive news and research site on the wine, spirits and beer business, Off-premise spirits sales continue to perform robustly, rising 24% by value and 21% by volume in IRI channels for the 4-week period ending August 9…The fastest-growing categories the past month in value terms were Tequila (+46.2%), Cognac (+46%), Irish whiskey (+30%), cordials/liqueurs (+29.7%), and American whiskies (+25%), including flavors. Spirits have increased 15% in IRI channels in volume terms over the most recent 52-week period, compared to less than 4% growth for all of calendar year 2019.
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.
Fresh Thyme Market ™ – Learn more about Fresh Thyme at https://www.freshthyme.com/about-us/
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.