TECH
SNAPPY SHOPPER INVESTMENT
KING MAKER EX-SAINSBURY’S CEO JUSTIN KING HAS MADE A “SIGNIFICANT INVESTMENT” IN DUNDEE-BASED HOME DELIVERY PLATFORM SNAPPY SHOPPER AND HAS BECOME A SENIOR ADVISER TO THE COMPANY.
F
ast-growing home delivery platform Snappy Shopper has announced this week that former Sainsbury’s CEO Justin King has made a “significant investment” in the Dundee-based business and will also be serving as a Senior Adviser to the company’s management team. The business envisages King joining the Board as Non-Executive Director following a Series A fundraising round that has recently been launched. One of the UK’s foremost food retailers, King ran Sainsbury’s between 2004 and 2014, leading the business through a major turnaround followed by nine years of profit growth. Before joining Sainsbury’s, he was Head of Food at Marks & Spencer and is currently an M&S Non-Executive Director and a member of the Public Interest Body of PwC. King commented: “I have been hugely impressed by the Snappy Group’s affordable solution, leadership team and rapid growth. The company is championing the needs of businesses in their local community. Its proprietary technology provides local businesses with an affordable delivery solution
10 I SLRMAG.CO.UK / ISSUE 53 / WEDNESDAY 28TH APRIL 2021
