InvestorNewsBreaks – Splash Beverage Group Inc. (SBEV) Broadens Product Portfolio Through Strategic Acquisition

April 1, 2021 12:35 PM EDT

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Splash Beverage Group (OTCQB: SBEV), a portfolio company of successful beverage brands, released its annual report through a Form 10-K filing with the SEC on March 8, 2021, in which it made several announcements. Among these, the company reported the completion of an asset purchase agreement with Copa di Vino Corporation. Copa di Vino is “a leading producer of premium wine by the glass, based in The Dalles, Oregon,” describes an article discussing the various updates contained in the annual report. The acquisition will “further the company’s alcoholic beverage portfolio. SBEV agreed to purchase certain assets and assume certain liabilities comprising the Copa di Vino business for a total purchase price of $5,980,000. The purchase served to broaden Splash Beverage Group’s product portfolio to a total of four unique beverage brands, including TapouT Performance, a natural isotonic hydration & recovery sports drink; SALT Naturally Favored Tequila; Copa di Vino premium wines packaged in single servings; and Pulpoloco Sangria, a premium crafted sangria imported from Spain.”

To view the full article, visit https://ibn.fm/8hlph

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

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. 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

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
Editor@InvestorWire.com

InvestorWire is part of the InvestorBrandNetwork.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Investor Brand Network, Press Releases

Related Entities

Definitive Agreement