Splash Beverage Group Inc. (NYSEAMERICAN: SBEV) Gains 10% Following Distribution agreement For SALT Tequilla

Splash Beverage Group Inc. (NYSEAMERICAN: SBEV) jumped 10.21% after the company announced the availability of its SALT tequila for distribution by Great Bay Distributors. The agreement will complement the Copa Di Vino representation, a high-quality single-serve wine popular on the investment TV show Shark Tank. 

Great Bay is the largest distributor in Florida, with 350 members 

Great Bay is the largest Anheuser Busch distributor in Florida. A 350 associate team is coming together to distribute leading brands such as corona, Budweiser, Modelo, Cutwater Spirits, Michelob Ultra, and Essentia Water. 

The additions of SALT Tequila and Copa Di Vino strengthen Great Bay’s capability to meet market demand for distinctive, high-quality products. Six Anheuser Busch distributors now represent SALT Tequila in Florida. Distributors for Anheuser Busch are continuously expanding their spirits portfolio.

Splash CEO Robert Nistico said, “We’re thrilled to engage Great Bay Distributors to champion SALT tequila into the St. Petersburg and neighboring markets. With over 350 experienced and dedicated Great Bay team members, SALT Tequila is in the hands of distribution experts, and we expect that the brand will enjoy swift market adoption under their leadership.” 

The agreement demonstrates respect SALT tequila is earning 

Nistico added, “The team at Great Bay is second to none, and beyond regular distribution, the team markets, promotes and sponsors many local events. Moreover, this new agreement does more than validate the premium quality of SALT Tequila; it also shows the respect it is earning from top-tier distribution companies.”

SALT Tequila is a 100% natural flavor Blanco agave tequila with a sweet and clean taste cultivated and bottled in Jalisco, Mexico. It is thought to be the first agave 80 proof flavored tequila available in three flavors: berry, citrus, and salted chocolate.  Most importantly, the SALT brand is aimed at being one of the fastest-growing alcoholic beverage sectors.

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