Oatly Group AB is a Swedish food brand that produces a range of dairy free products, including oat milk, ice cream, custard and yoghurt substitutes. The company also offers a range of single serve beverages, including lattes and flavoured oat milks. Founded in 1994, and based in Malmo, Sweden, the firm is the largest oat drink company in the world, with a presence in over 20 countries worldwide.
Oatly announced its IPO in May 2021, offering over 60 million American depositary shares priced between $15.00 to $17.00 each. The company is listed on the NASDAQ under the ticker OTLY.
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