Splash Beverage Group Secures Exclusive Rights to Premium Water Source in Costa Rica's Blue Zone

Splash Beverage Group, Inc. has announced a significant agreement to acquire exclusive water rights to a natural spring source in Costa Rica's renowned Blue Zone, a region celebrated for its exceptional longevity and wellness. This $20 million acquisition grants Splash full control over the source of Blu, a premium water brand, enhancing its portfolio with a product that boasts superior purity and mineral content. The deal, financed through a new series of convertible preferred stock, is set to finalize by August 10, with a deadline extending to December 31, 2025, for full asset transfer.

The acquisition aligns with global trends towards clean hydration and wellness, offering Splash a unique opportunity to expand its brand platform. Plans include introducing a super-premium glass bottle line and a sustainable canned water line, leveraging eco-friendly packaging solutions. The company emphasizes sustainable bottling practices at the source, with aims for carbon neutrality and rainforest preservation certifications.

William Meissner, President and Chief Marketing Officer of Splash Beverage Group, highlighted the strategic importance of this acquisition, noting its potential to serve as a new revenue engine and strengthen the company's position in the premium water category. The move underscores Splash's commitment to acquiring and scaling high-margin beverage brands with unique stories and sustainable practices.