Oatly Mellan/Kevyt Oat Drink

Oatly is a world-renowned pioneer in the plant-based dairy category, specifically known for its oat-based beverages. Founded in the early 1990s in Lund, Sweden, by brothers Rickard and Björn Öste, the brand was built on research from Lund University regarding lactose intolerance and sustainable food systems.

Today, Oatly is a publicly traded company on the NASDAQ, though it maintains strong Swedish roots. The brand's manufacturing has expanded from its original Landskrona facility to include various sites across Europe, North America, and Asia to meet global demand. While the brand is Swedish by origin, its ownership structure includes significant investment from various international firms, including the Blackstone Group and a joint venture involving China Resources and Verlinvest.