Oatly raised a $200 million equity investment in July last year from a group led by Blackstone that includes Oprah Winfrey, Natalie Portman and former Starbucks chief Howard Schultz.
The planned stock market listing comes as the plant-based food sector has gained investor attention over the past few years, especially as fast-food chains and upscale restaurants create new menus to attract health- and environment-conscious diners. The new investors also included Jay-Z's entertainment company Roc Nation, Orkila Capital and Rabobank's Rabo Corporate Investments.
VEGAN alternatives are set to jump.
I would have sincerely liked them to grow if they weren't taking advantage of consumer ignorance by charging a higher price for anti-science marketing like non-GMO and organic ingredients, while hypocritically claiming to work towards sustainability.
True value is $4B, any valuation over that is insane.
lmao every companies all filing for IPO cause they know people will just throw money at them. Pretty smart move if you ask me.
Almond milk tastes like candy. It’s so yummy. 😋 My spouse says because it has less cruelty. Do a taste test with kids and make a commercial.
I remember their awkward Superbowl commercial, but I guess it's a success if it stuck with me 👍🏾
Anyone else notice their containers are 12fl ounces smaller yet costs more 🤔