Benzinga | Jul 6, 2021 03:13PM EDT

Splash Beverage Group Signs Distribution Deal With Eagle Brands For SALT Tequila

* Splash Beverage Group Inc (NYSE:SBEV) has signed a distribution agreement for its SALT tequila with Eagle Brands Inc, a family-owned distribution giant.

* The agreement will drive SALT tequila's growth in Miami-Dade and Florida Markets as Eagle Brands is a top independent distributor in the area.

* "With over 300 experienced and motivated Eagle Brands team members, we are confident SALT Tequila will experience rapid market exposure under their management," said CEO Robert Nistico.

* SALT Tequila is a naturally flavored 100% Blanco agave tequila with a clean and sweet taste and is grown, distilled, and bottled in the Jalisco, Mexico region.

* Price action: SBEV shares are trading lower by 2.29% at $3.84 on the last check Tuesday.