BrewBilt Manufacturing Inc. (the “Company”) (OTCPINK: BBRW) announced today that it has signed an exclusive distribution agreement with South Pacific Traders Oy, a Finnish corporation, for the rights to distribute BrewBilt Manufacturing brewery equipment throughout the European Union and United Kingdom.
South Pacific Traders, whose leadership brings ten years of global brewery industry experience, operates the Mad Finn Brewing Company, a craft brewery in Tampere, Finland, as well as Brewery Ninjas, a craft beer equipment supplier and consultant.
As part of the agreement, South Pacific Traders has agreed to purchase a 10-bbl brewhouse and 20-bbl fermentation tanks from the Company at a discounted price to use as a showroom brewery in Finland for brewery equipment customers in the EU and UK. In addition, pursuant to the terms of the agreement, South Pacific Traders will be issued $500,000 of the Company’s Series A Preferred Stock.
