Oatly No Sugars Oat Drink

Oatly is a pioneer in the plant-based milk industry, originating from Sweden in the early 1990s. The brand was built on scientific research from Lund University, where founder Rickard Öste developed a patented enzymatic process to turn fiber-rich oats into a liquid nutritional product suitable for humans. This specific product, 'No Sugars,' is a modern addition to their lineup, catering to consumers looking for unsweetened dairy alternatives.

While the brand's heart remains in Landskrona and Malmö, Sweden, Oatly has expanded its manufacturing footprint significantly to meet global demand. Today, the product is manufactured in multiple countries, with key production facilities located in Sweden, the Netherlands, the United States, China, and Singapore. The brand transitioned from a niche Swedish health product to a global lifestyle icon following a major rebranding effort in 2014.

In terms of ownership, Oatly Group AB is a public company traded on the Nasdaq. Since its 2021 IPO, its ownership structure has become a mix of public shareholders and large strategic investors. A significant portion of the company is owned by a joint venture between the Belgian investment firm Verlinvest and the Chinese state-owned conglomerate China Resources. Other notable stakeholders include the Blackstone Group and the company's original founders.