Splash Beverage Group, Inc. (NYSE American: SBEV) (“Splash” or the “Company”), a portfolio company of well-known beverage brands, announced today that it has signed a contract to purchase 80 percent of Pulpoloco Sangria. As a result of this deal, Splash will have control over Pulpoloco’s production and distribution in the US while also expanding into foreign markets, generating more profit and revenue.
Robert Nistico, Splash Beverage Group’s Chairman and CEO, commented, “In addition to bringing Pulpoloco entirely under the Splash roof, we will benefit from the additional layer of margin AND increase our global footprint and ...
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Splash Beverage Group Enters into Agreement to Purchase 80% of Pulpoloco Sangria