Splash Beverage Signs Distribution Deal With AB ONE

by Shivani Kumaresan, Benzinga Staff Writer

November 17, 2021 12:39 PM | 1 min read |

Splash Beverage Group Inc SBEV has signed a distribution agreement with AB ONE to expand the availability of its TapouT performance drink, Copa di Vino wine by the glass, and Pulpoloco sangria. The financial terms were not disclosed.
AB ONE is owned Anheuser-Busch InBev SA/NV BUD. AB ONE serves approximately 50,000 accounts, including retail stores, restaurants, bars, and venues across multiple states in the U.S.
The AB One distribution network will cover large new markets for the Splash brands. AB One's distribution organization covers key U.S. markets like New York, Boston, and Los Angeles.
Price Action: SBEV shares are trading higher by 4.86% at $1.94 on the last check Wednesday.