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Viva Leisure Limited (ASX: VVA) has announced a strategic move by acquiring a 33% equity stake in Gorilla X Labs, a renowned Australian sports nutrition company. This investment marks Viva’s deeper entry into the supplements and wellness space, reinforcing its mission to offer holistic fitness and health solutions to its members. Gorilla X Labs is recognized for its premium lineup of Ready-to-Drink beverages, protein powders, supplements, and fitness merchandise, distributed online, through World Gym outlets, and in major supermarkets.
The partnership will see Gorilla X products integrated across Viva’s platforms, including Supp Society and Club Lime gyms, ensuring easy access for members seeking high-quality nutrition. Funded through existing cash reserves, the investment highlights Viva’s strong financial position and commitment to strategic growth. CEO Harry Konstantinou expressed enthusiasm about the alignment and future opportunities the collaboration brings, aiming to enhance member experience both in-gym and online.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.