Innovation Beverage Group Ltd. ( (IBG) ) just unveiled an update.
On April 2, 2025, Innovation Beverage Group Ltd announced a significant expansion of its U.S. distribution network for its award-winning bitters brands through a partnership with Republic National Distribution Company (RNDC). This agreement will see IBG’s Australian Bitters Company and BITTERTALES brands distributed in six states, including California, one of the largest markets in the U.S. This strategic move is expected to enhance IBG’s market presence in the U.S., building on its 45% market share in cocktail bitters in Australia. The partnership with RNDC, a leading U.S. beverage alcohol distributor, positions IBG to leverage RNDC’s extensive distribution reach and expertise, potentially increasing its competitive edge in the U.S. market.
More about Innovation Beverage Group Ltd.
Innovation Beverage Group Ltd is a developer, manufacturer, marketer, exporter, and retailer of a diverse beverage portfolio comprising 60 formulations across 13 alcoholic and non-alcoholic brands. The company focuses on premium and super premium brands, aiming to disrupt traditional market leaders. Established in 2018, IBG’s headquarters and manufacturing facilities are located in Sydney, Australia, with a U.S. sales office in New Jersey.
YTD Price Performance: -29.24%
Average Trading Volume: 4,081,041
Technical Sentiment Signal: Strong Buy
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