Oatly Group AB

General Information

(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.

Employees: 792
Founded: 1994
Contact Information
Address Jagaregatan 4 211 19 Malmö Sweden
Phone Number +46 8 506 323 00
Web Address https://www.oatly.com/
View Prospectus: Oatly Group AB
Financial Information
Market Cap $9474.24mil
Revenues $421.35 mil (last 12 months)
Net Income $-60.36 mil (last 12 months)
IPO Profile
Symbol OTLY
Exchange NASDAQ
Shares (millions): 84.4
Price range $17.00 - $17.00
Est. $ Volume $1434.5 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/ Blaylock Van/ C.L. King & Associates/ Loop Capital Markets/ Ramirez & Co./ Siebert Williams Shank/ Tribal Capital Markets
Expected To Trade: 5/20/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change