Oatly Group AB
(Note: This is the IPO – an offering of American Depositary Shares – by Oatly Group AB, the oatmilk company backed by a Blackstone Group fund whose celebrity investors, according to AFN, aka AgFunderNews, include Oprah Winfrey, Jay Z’s label Roc Nation, Oscar-winning actress Natalie Portman and former Starbucks CEO Howard Schultz. )
We have a bold vision for a food system that’s better for people and the planet.
We are the world’s original and largest oatmilk company. For over 25 years, we have exclusively focused on developing expertise around oats: a global power crop with inherent properties suited for sustainability and human health. Our commitment to oats has resulted in core technical advancements that enabled us to unlock the breadth of the dairy portfolio, including milks, ice cream, yogurt, cooking creams, spreads and on-the-go drinks.
Traditional food production is one of the biggest drivers of environmental impact. Food production uses about half of all habitable land on earth, requires large amounts of resources, emits greenhouse gases and harms biodiversity. At the same time, today’s food system—and often our eating habits—does not meet our nutritional needs, driving the prevalence of non-communicable diseases like malnutrition, obesity and heart and vascular diseases. Through our products and actions as a company, we work to grow the plant-based movement and help people shift from traditional dairy to plant-based products and enact positive societal and industry change.
We believe that transforming the food industry is necessary to face humanity’s greatest challenges across climate, environment, health and lifestyle. In parallel, change is rocking the consumer landscape, as the growing concerns for the environment and interest in health and nutrition have started to drive real, scaled behavioral changes around consumer purchase choices. Generation Z and Millennials will become the dominant global generations in the coming years, bringing to the market a new set of values and expectations. These combined factors are driving a clear rapid, accelerating growth and influx of new consumers to the plant-based dairy market.
|Industry:||FOOD & KINDRED PRODUCTS|
|Address||Jagaregatan 4 211 19 Malmö Sweden|
|Phone Number||+46 8 506 323 00|
|View Prospectus:||Oatly Group AB|
|Revenues||$421.35 mil (last 12 months)|
|Net Income||$-60.36 mil (last 12 months)|
|Price range||$15.00 - $17.00|
|Est. $ Volume||$1350.1 mil|
|Manager / Joint Managers||Morgan Stanley/ J.P. Morgan/ Credit Suisse/ Barclays/ Jefferies/ BNP Paribas; BofA Securities/ Piper Sandler/ RBC Capital Markets|
|CO-Managers||Rabo Securities/ William Blair/ Guggenheim Securities/ Truist Securities/ CICC/ Nordea/ Oppenheimer & Co./ SEB|
|Expected To Trade:||5/20/2021|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|