- Splash CEO and Chairman Robert Nistico took Red Bull North America from zero to $1.65 billion in annual sales
- Acquisition of Copa Di Vino in December was latest demonstration of Nistico and his quality leadership team recognizing accelerating trends
- Splash’s product portfolio is comprised of alcoholic and non-alcoholic brands including TapouT performance beverages, the official training partner of the WWE
- Splash’s sales doubled in the 1st Quarter 2021 to $2.4 million compared to 4th Quarter 2020. Almost reached the sales for the whole year 2020 of $2.9 million
George Clooney. Sean “Puffy” Combs. Ryan Reynolds. Robert Nistico. While the first three names likely ring a bell, Nistico is probably more of a mystery. Nistico may not be a celebrity entertainer, but he does have a common thread with Clooney, Combs and Reynolds insomuch that he’s been a part of successful beverage brands. Nistico has spent three decades in the beverage industry, including being the fifth employee and SVP/General Manager of Red Bull North America, where he led the start-up from zero sales to $1.65 billion annually. He also founded Marley Beverages, which was acquired in 2017 by New Age Beverages Corporation (NASDAQ: NBEV) (https://ibn.fm/uBYVK), and held executive positions at Diageo (NYSE: DEO), Republic National Distributing Company and the Gallo Wine Company. Nistico has now brought all those years of experience to upstart Splash Beverage Group (OTCQB: SBEV), where he has assembled a formidable portfolio of brands that are aligned with consumer trends.
The Fort Lauderdale, Florida-based company has diversified beverages in the product bag, a strategy that de-risks operating in the…
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.