‘OohPod has the potential to revolutionise parcel delivery’ – Reynolds consortium raises €5.4m for 24-hour locker firm

Fundraiser is businessman’s first deal since the sale of his family’s remaining stake in C&D Pet Foods to Larry Goodman’s ABP. Reynolds is to take on role of OohPod chairman

The deal comes as OohPod ramps up its nationwide roll-out of 24-hour lockers. Above, Philip Reynolds with OohPod founder John Tuohy. Picture by Paul Sherwood

Fearghal O'Connor

Philip Reynolds is taking the role of OohPod chairman after leading a €5.4m funding round into the out-of-home parcel delivery firm.

It is a move that may be the first of a number of “hands on” investments by the Longford businessman and a group of backers he has assembled.