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Oatly is a prominent Swedish food company that specializes in producing dairy alternatives from oats. Founded in the 1990s based on research from Lund University, the brand has become a global leader in the vegan milk industry.
While the brand originated in Sweden, its manufacturing footprint has expanded significantly to meet global demand. Oatly operates production facilities across Europe (including Sweden and the Netherlands), the United States, and Asia. The company is publicly traded on the NASDAQ, but its ultimate ownership structure includes significant investment from the Blackstone Group and a joint venture featuring the Chinese state-owned enterprise China Resources and the Belgian investment family Wittouck via Verlinvest.
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