- 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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