Health and wellness brand PharmaCare has purchased Bounce from administrators, expanding its natural health foods range.
Bounce is known for its protein balls and other health snacks, however, the company recently collapsed under heavy debt.
The company said Bounce’s acquisition strategically complements its focus on building a portfolio of brands that positively impact people’s lives with “high-quality and delicious” products that are easily accessible.
Glenn Cochran, CEO, PharmaCare, said adding Bounce to the company’s portfolio underscores PharmaCare’s commitment to growth through local acquisitions.
“We have a strong team of experts in the natural health sector who are already putting their collective minds behind the brand’s success to support Bounce customers to achieve a seamless ownership transition,” said Cochran.
Bounce joins PharmaCare’s health foods division together with its Go Natural brand.
According to the company, its first priority would be driving continuity with Bounce’s existing customer network to support consumer demand. This involves reviewing the product range and focusing on the 11 core products, such as Protein Balls.
“Our team is excited to continue supplying the beloved Bounce balls and more to Australians across the country who enjoy healthy snacking on the go,” Cochran concluded.
Bounce is PharmaCare’s 28th brand, joining Nature’s Way, Sambucol, Bioglan, SUP Supplements and others.
