NewAge Inc (fka NBEVQ) (NBEVQ)

[NewJerichoMan]

New Age Beverages Corporation Forms Partnership with Advantage Solutions to Expand US Key Account Penetration

Another feather in the cap of the business model. It clearly works for retailers and distributors. Ultimately, we'll be judged by the customer, and that outcome remains to be seen, but the process is solid.

https://finance.yahoo.com/news/age-beverages-corporation-forms-partnership-130000480.html

Michael Cunningham, New Age's SVP of Sales, commented, "Advantage Solutions is a world class partner with embedded resources in all markets in virtually all accounts across all channels. We partnered with them because of their extensive reach, quality reputation, and the nearly 800 associates working on sales of the New Age portfolio. In September alone, New Age added 10,047 new points of distribution, many of which Advantage Solutions partnered with us to gain. None of the impact from those accounts is in our Q3 numbers, but the benefit will be seen in Q4 and beyond. We have just scratched the surface in our national key account penetration, and we know that our portfolio is bang on for retailers and consumers as they increasingly switch to healthier choices."