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January 11, 2021

Oatly tight-lipped as IPO speculation resurfaces

Oatly, the Sweden-based dairy-free business, is reportedly eyeing a fund raising exercise, according to media sources.

By Dean Best

Oatly has declined to comment on speculation the Sweden-based dairy-free business is considering an initial public share offering following similar murmurings that surfaced last year.

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What’s missing from your IPO industry assessment?

IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. Recently, sentiment has changed. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. As a result, global IPOs are expected to hit back this year. With GlobalData’s new whitepaper, ‘IPOs in Consumer and Retail: 5 must-include elements for your prospectus industry report’, you can explore exactly what is needed in the essential literature. GlobalData’s focus lies in the critical areas to get right:
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by GlobalData
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A spokesperson for the dairy-alternatives manufacturer told just-food the company does not comment on “market rumours” after the CNBC news channel, quoting unnamed sources, reported Oatly was planning an IPO with the potential to raise US$1bn. It offered the same response last September when reports emerged over a possible share offer.

Oatly sold an undisclosed minority stake during the summer to a group of investors that included US private-equity firm Blackstone Group and celebrity Oprah Winfrey for $200m, saying it would use the cash to fund expansion. Also taking part, were rapper Jay-Z’s entertainment company Roc Nation, actress Natalie Portman, the former Starbucks chairman Howard Schultz and Rabo Corporate Investments, the investment arm of Rabobank. 

They joined existing investors Belgium-based private-equity firm Verlinvest, and the company’s founders.

Oatly, headquartered in Malmo, manufactures a range of oat-based products such as drinks, yogurts, spreads, cream, custard and ice cream sold in Europe, including the UK, the US, Asia and Australia.

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Free Report
img

What’s missing from your IPO industry assessment?

IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. Recently, sentiment has changed. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. As a result, global IPOs are expected to hit back this year. With GlobalData’s new whitepaper, ‘IPOs in Consumer and Retail: 5 must-include elements for your prospectus industry report’, you can explore exactly what is needed in the essential literature. GlobalData’s focus lies in the critical areas to get right:
  • Macroeconomic and demographic environment
  • Consumer context
  • Industry environment
  • Competitive environment
  • Route to market
Interested to learn more about what to include in your IPO Industry Assessment report? Download our free whitepaper.
by GlobalData
Enter your details here to receive your free Report.

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