Reed’s Announces New Distribution Partnership with Roundy’s Supermarket
03 April 2023 - 10:00PM
Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of
the nation’s leading portfolio of handcrafted, natural ginger
beverages, today announced a new distribution partnership with
Roundy’s Supermarket (“Roundy’s”) in Wisconsin. Roundy’s, a leading
Midwest grocer and a wholly owned subsidiary of the Kroger Co.,
operates over 100 locations throughout the state of Wisconsin under
the retail banners Pick ‘n Save and Metro Market. This new
distribution agreement will kick off with the launch of Reed’s Hard
Ginger Ale, bringing fan-favorite Reed’s product to over 100 doors
in Wisconsin.
“We are excited to partner with a leading
Midwest grocer like Roundy’s and expand the retail footprint of our
fan-favorite Hard Ginger Ale,” said Norman E. Snyder, CEO of
Reed’s. “Our partnership with Roundy’s will not only benefit from
their strong presence in the upper Midwest, but will serve as a
first step for potential expansion to the other Kroger chains in
the future. We look forward to the mutual success of both Reed’s
and Roundy’s as we serve customers across the Midwest.”
Light and refreshing, Reed’s® Hard Ginger Ale
contains 5% ABV and is only 100 calories per can. Available in four
delectable flavors – Mango, Pineapple-Coconut, Cherry-Lime, and
Watermelon-Strawberry – each can is well-balanced with a sweet and
savory burst followed by a distinct, bold and spicy kick of ginger.
Remaining true to the Reed’s roots, these ready-to-drink (RTD)
spiked ginger ales are packed with REAL ginger and naturally brewed
without artificial preservatives, sweeteners, or colors.
About Reed's, Inc.Reed’s is an innovative
company and category leader that provides the world with high
quality, premium and naturally bold™ better-for-you beverages.
Established in 1989, Reed's is a leader in craft beverages under
the Reed’s®, Virgil’s® and Flying Cauldron® brand names. The
Company’s beverages are now sold in over 45,000 stores
nationwide.
Reed’s is known as America's #1 name in natural,
ginger-based beverages. Crafted using real ginger and premium
ingredients, the Reed’s portfolio includes ginger beers, ginger
ales, ready-to-drink ginger mules and hard ginger ales. The brand
has recently successfully expanded into the zero-sugar segment with
its proprietary, natural sweetener system.
Virgil's® is an award-winning line of craft
sodas, made with the finest natural ingredients and without GMOs or
artificial preservatives. The brand offers an array of great
tasting, bold flavored sodas including Root Beer, Vanilla Cream,
Black Cherry, Orange Cream, and more. These flavors are also
available in nine zero sugar varieties which are naturally
sweetened and certified ketogenic.
Flying Cauldron® is a non-alcoholic butterscotch
beer prized for its creamy vanilla and butterscotch flavors. Sought
after by beverage aficionados, Flying Cauldron is made with natural
ingredients and no artificial flavors, sweeteners, preservatives,
gluten, caffeine, or GMOs.
For more information, visit drinkreeds.com,
virgils.com and flyingcauldron.com.
Investor Relations Contact
Sean Mansouri, CFAElevate IRir@reedsinc.com (720) 330-2829
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