Poland, Co-CEO/VP:International Affairs/Co-Founder. Warszawa, 03-301 Last year’s market value for plant-based foods was around $4.5 billion, according to the Plant Based Foods Association, which noted that 60% of Gen Z wants to eat more plant-based foods. Meanwhile, traditional dairy players are struggling to stay relevant to Gen Z and think “outside the cow,” one source told Mergermarket. You may opt-out by. For example, it aims to notch $1 billion in global sales, Chairman Eric Melloul told Mergermarket, and it is building more factories in Asia, Europe and the U.S. GS "We have Asian owners and European owners and wanted to bring US owners into the company, too," Petersson told The Journal. Oatly was founded back in the 1990s and is based on Swedish research from Lund University. As minority shareholders, the new investors will join the company's existing partners, including Verlinvest-CR JV and the company's founders, on Oatly's dynamic journey. Other similarities between the two include a growing lineup of products that directly compete with traditional dairy and meat. As part of this transaction, Oatly's founders will also be reinvesting in the company's growth by providing additional capital. Oatly reportedly plans to use the funds to expand its supply network, sell a wider range of oat-based products in more locations, and possibly go public in the next 12 to 18 months. Oatly approximately doubled its sales to $200 million last year, and expects a similar rate of growth this year, sources told The Journal. However, it has posted losses in the past few years due to growth investments, they added. About Oatly Stock Oatly's sole purpose is to make it easy for people to turn what they eat and drink into personal moments of healthy joy without recklessly taxing the planet’s resources in the process. Visit www.mergermarket.com or www.acuris.com for more information. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Oprah-Backed Vegan Milk Brand Oatly Said to Plan 2021 U.S. IPO. All rights reserved. Oatly has a global presence, a $1 billion revenue goal and intentions to be profitable before an exit, a source told Mergermarket. Disclaimer |
National meat processors are also hurting as COVID-19 infects employees and forces plant closures at companies like Smithfield Foods. KO Monthly cred to amazing people doing amazing things. Stock quotes by finanzen.net. Plant-based milk maker Oatly said on Tuesday it raised a $200 million equity investment from a group led by Blackstone Group Inc that includes … If Oatly is faced with a lackluster public market, it may find acquisition offers more appealing, with Massachusetts-based HP Hood, France-based Danone and Switzerland-based Nestle among the logical suitors because they are three of the world’s largest dairy players. Here's why that doesn't necessarily tell the full story of the billionaires' wealth. Stock quotes by finanzen.net. It also plans to offer more of its oat-based products - including vegan versions of yoghurt, crème fraîche, and ice cream - in a wider array of locations, the newspaper said. To the site! Oatly AB offers liquid oat foods and various organic products. NFLX filed for bankruptcy over the past year. SBUX Earlier today, the Wall Street Journal reported that Oatly sold about 10% of its business in a funding round that valued the company at about $2 billion. Oatly has sold a $200 million stake in its business to investors including Blackstone, Oprah Winfrey, Natalie Portman, former Starbucks CEO Howard Schultz, and Jay-Z's Roc Nation, The Wall Street Journal reported on Tuesday. Commerce Policy |
Barbara Pianese is a London-based reporter covering consumer, retail and leisure for Mergermarket and can be reached at barbara.pianese@iongroup.com. The 20-year-old oat milk maker is expanding its oat-based ice cream and yogurt in the U.S., while other European products include coffee creamer, spreads and sour cream. The Company produces oat drinks and its products are used in various recipes including breakfast, main courses, baking products, drinks, and sauces. The company intends to use the latest cash injection to extend its supply networks in northern Europe, the US, and China, The Journal reported. When autocomplete results are available use up and down arrows to review and enter to select. as its lead investor. Please disable your ad-blocker and refresh. (10.57x) and Uber This information is available in the PitchBook Platform. (3.63x), according to Dealreporter analytics. If you have an ad-blocker enabled you may be blocked from proceeding. Opinions expressed by Forbes Contributors are their own. Oatly was valued at $2 billion in June when it closed on a $200 million fundraising round, advised by Goldman Sachs GS —a stake sale that Mergermarket first reported in February. Similarly, Beyond Meat had backing from Microsoft Our new sustainability report is on the way! China announced a deal that puts both Oatly lattes and Beyond Meat sandwiches on menus at all its stores as it looks to become a more “resource-positive company,” according to a press release. Borden Dairy Co. and Dean Foods Oatly General Information Description. "Our new partners' commitment to supporting us and furthering of our mission is a clear indication of where the world is heading, which is in a new, more sustainable direction.". Financials Are Not Victims of the Pandemic, JPMorgan's Kelly Says, ul Jagiellonska 74 budynek For the four weeks following the onset of the coronavirus in mid-March, notes the association, plant-based food sales grew 35% faster than total food sales. DF It trades at a 21.9x trailing 12-month enterprise value to sales multiple—well above other technology-enabled peers that have been dubbed industry disrupters, such as Spotify (5.94x), Netflix (RTTNews) - Swedish oat-milk maker Oatly AB said it has received $200 million investment from a group led by Blackstone. Producer of oat-based drinks intended to give people a healthy lifestyle based in Malmö, Sweden. © 2020 Forbes Media LLC. Hoping to be the second plant-based company to go public with a listing in the U.S. next year, Swedish oat milk maker Oatly seems to be taking several pages from the Beyond Meat Oatly Stock. BYND Perhaps though there is enough growth for everyone, as London-based Meticulous Research forecasts the plant-based food market to reach $74.2 billion by 2027. Get the full list », You’re viewing 5 of 7 executive team members. Whether or not the markets cooperate for Oatly in 2021, the company is intent on being poised for the opportunity. Comparatively, Beyond Meat had the backing of large legacy food brands General Mills and Tyson Foods—the latter of which sold its equity stake last year and became a competitor. Oatly was valued at $2 billion in June when it closed on a $200 million fundraising round, advised by Goldman Sachs Growth can be stunted as competitors emerge and eat into market share, said the banker. Blackstone was the lead investor, meaning it will join Belgium-based Verlinvest and state-owned China Resources as some of Oatly's key backers. Made In NYC |
Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. Oatly has sold a $200 million stake in its business to investors including Blackstone, Oprah Winfrey, Natalie Portman, former Starbucks CEO Howard … Read more about our climate footprint. Read more: UBS says buy these 18 diamond-in-the-rough stocks that will offer massive gains over multiple years, even as their underlying industries suffer. oatly.com | Food Products | Funding to Date: $327,700,000 Producer of oat-based drinks intended to give people a healthy lifestyle based in Malmö, Sweden. Excepteur sint o, olore eu fugiat nulla pariatur. "We chose to partner with Blackstone Growth because of their tremendous resources and unique reach," Oatly CEO Toni Petersson said in a statement, referring to the private-equity giant's growth unit. Elon Musk is now officially richer than Warren Buffett. Read the old one until it gets here. The Oatly Department of Distraction Services is here to serve you with the finest in nonsense and distraction. The investment round values the Swedish oat-milk maker at about $2 billion, The Journal said, citing people familiar with the matter. Smaller independent competitors include New York-based Elmhurst 1925, Los Angeles-based Miyoko’s Kitchen and Emeryville, California-based Ripple Foods. © 2020 Insider Inc. and finanzen.net GmbH (Imprint). After raising $200 million from Blackstone and Oprah, the oat milk company could also attract a Big Dairy suitor if COVID-19 sours the stock market. All Rights Reserved, This is a BETA experience. BX Earnings Announcement for Period Ending Q3/2020. While similar in many ways, there are also some stark differences between Beyond Meat and Oatly, noted an industry investment banker. © 2020 PitchBook Data. —a stake sale that Mergermarket first reported in February. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui of, You’re viewing 5 of 7 competitors. . The company's drinks provide nutrition and are directly extracted from oats and can be used in various recipes, breakfast, main courses, desserts, baking products and dressings, enabling customers to avail the products at a reasonable rate. Stock analysis for CD Projekt SA (OTGLY:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile. We are a leading independent M&A media service with an unrivaled network of over 300 dedicated M&A journalists based in 65 locations across the Americas, Europe. Personalize which data points you want to see and create visualizations instantly. Get the full list », To view Oatly’s complete board members history, request access ». We are a leading independent M&A media service with an unrivaled network of over 300 dedicated M&A journalists based in 65 locations across the Americas, Europe, Asia-Pacific, the Middle-East and Africa. UBER Read more: Elon Musk is now officially richer than Warren Buffett. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. But Beyond Meat went public in a year with strong capital markets and strong exit valuations in the consumer space. PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. The company's drinks pr, or in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Oatly serves customers in Europe. We specialize in providing forward-looking origination and deal flow opportunities – six to 24 months in advance – integrated with a comprehensive deals database resulting in real revenues for our clients. Producer of oat-based drinks intended to give people a healthy lifestyle based in Malmö, Sweden. Beyond Meat - Patent vs. Trade Secret | CONSOR, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. The article also pointed to global consumer packaged goods players as possible suitors, such as Unilever, Pepsico Producer of oat-based drinks intended to give people a healthy lifestyle based in Malmö, Sweden.
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