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Grape Tree founder sells majority stake to employee ownership trust in ‘exciting new chapter’
By Stephen Jones2025-12-08T16:56:00
Source: Grape Tree
Founder Nick Shutts will remain as CEO while retaining a stake of above 25% but no more than 50% in the business, which grew sales by nearly a third to £69.3m last year
Budget health and wellness chain Grape Tree has entered a “genuinely exciting new chapter” as employee-owned after founder Nick Shutts sold his majority stake in the business to an employee ownership trust.
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