Oatly receives $200 million investment, 2020-07-14
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MALMO, SWEDEN – Blackstone Growth, a fund managed by the investment firm Blackstone, and other investors such as former Starbucks chief executive officer Howard Schultz and Oprah Winfrey, have invested $200 million in Oatly, the maker of oat-based products. The capital will be used to expand the company’s manufacturing capacity in Asia, Europe and the United States. “Leaders in asset management like Blackstone play an essential role in order to create real sustainable change,” said Toni Petersson, CEO of Oatly. “It is my belief that . . .
Will be used to expand the company around world.
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Oat Milk Pioneer Oatly Raises $200 Million on $2 Billion Valuation