A former chairman of THG and CEO of the Co-operative Group has taken part in a £6.2m investment into a personalised nutrition platform.Richard Pennycook has backed London-based Vitl which was founded by Jonathan Relph and launched in 2015. The funding round was led by Ornament Health AG, a Swiss-based health-tech investor, while the company is also backed by Samos Investments, Nogra Pharma Ltd and C4 ventures. READ MORE: Sports Direct to double size of flagship store at Manchester Arndale Mr Pennycook was CEO of the Co-operative Group from 2013 to 2017 and chaired THG (then known as The Hut Group) from 2013 to 2019. He has also held roles at the likes of JD Wetherspoon, Welcome Break and Morrisons. Mr Pennycook is currently chairman of Boparan Holdings. Vitl has secured listings in over 2,000 stores in the …
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