According to news reports, Peter Cowgill, who departed from the large high-street retailer less than two years ago, is purchasing a multimillion-pound stake in Applied Nutrition for personal use.
According to sources, the business will make the purchase public on Monday.
Mr. Cowgill is familiar with the Liverpool-based company because, during his time working at JD Sports, he managed the acquisition of a roughly 30% stake in it.
In an interview with the News on Sunday, Mr. Cowgill said, “I have played a key role in carrying out JD’s investment in Applied Nutrition in 2021.”
I am excited to make a financial contribution to the company because I have always been really impressed with the management group.
