A portion of the company is now owned by Blackstone Group, an investment group formed by former Starbucks CEO Howard Schultz and some celebrities.
In a landmark investment moment, Blackstone Group is now the owner of 10% of Oatly, the Swedish oat milk company. This investment group includes Natalie Portman, Oprah and Jay-Z’s entertainment company. +
And 10% might not sound like much, but it actually cost them $200 million, which now values Oatly at a whopping $2 billion, according to experts on the matter.
Oat milk has gained popularity over the past few years, in part because of its more eco-friendly process than almond milk and its better taste and texture than coconut and soy milk. Plus, Oatly has recently entered the ice-cream game. And it shows in the numbers: Oatly sales are up 300% from last year and continuing to rise.
So, if you were waiting for an excuse to try a plant-based milk that offered a great taste, excellent quality, and blended well with coffee (particularly the Oatly Oat Milk Barista Edition), then you should definitely give it a try. And it’s not just us at The Wallet saying it, Oprah and Natalie Portman think this is an excellent option, too!