Swedish brand taps growing market for milk alternatives as sale of 10% stake values firm at $2bn
Oatly has sold a minority $200m (£157m) stake to a group of high-profile investors that includes Oprah Winfrey and Jay-Z in a deal that values the fashionable Swedish alt-milk brand at $2bn.
Malmö-based Oatly is riding high as demand for plant-based milk alternatives soars, with more people switching to vegan or vegetarian diets.
Continue reading…Swedish brand taps growing market for milk alternatives as sale of 10% stake values firm at $2bnOatly has sold a minority $200m (£157m) stake to a group of high-profile investors that includes Oprah Winfrey and Jay-Z in a deal that values the fashionable Swedish alt-milk brand at $2bn.Malmö-based Oatly is riding high as demand for plant-based milk alternatives soars, with more people switching to vegan or vegetarian diets. Continue reading…