Why Oatly Is Making Headlines


Editorial Policy

Published on

Last updated on


Photo by Madalyn Cox

Sweden-based alternative milk company, Oatly, is receiving pushback from customers after the company sold a 10% stake in July to private equity firm, Blackstone Group, to fund their international expansion. 

The firm’s CEO is Stephen A. Schwarzman, a donor to President Trump, and Blackstone is also invested in Hidrovias do Brasil, a company that has taken part in the deforestation of the Amazon rainforest.

Oatly, which has greatly popularized oat milk the last few years, has publicly responded on Twitter: “We have a clear mission at Oatly to drive the change towards a plant-based diet and a more sustainable world. As a sustainability company we are committed to do anything in our power to make the systems in which we operate more sustainable– this includes global investments and global cash flow. With the invested money we were able to make sure that Millions of Dollars went towards sustainability. Nothing about the Oatly values has changed or will change in the future.”

Read further on why Oatly chose Blackstone here.  

Share This Article

Fresh Cup Staff

Join 7,000+ coffee pros and get top stories, deals, and other industry goodies in your inbox each week.

Other Articles You May Like

How Cafés Are Getting Creative With Sustainability Behind The Bar

From composting to sustainable drink menus, discover how some cafés are taking their environmental responsibility up a notch behind the bar.
by Haley Greene | June 2, 2023

With Flowers and Plants, These Coffee Shops Are Bringing The Outdoors In

Jessica Han had always been drawn to flowers and coffee. For years, she dabbled in floral arrangements as a side hobby in her hometown of San Jose, California, making bouquets for friends and family…
by Haley Greene | May 25, 2023

Are Shipping Container Coffeeshops Here To Stay?

While storage container coffee shops were initially deemed a passing trend, many entrepreneurs worldwide have found remarkable success with this unconventional café concept.
by Zoe Stanley | May 17, 2023

How Coffee Shops Make Standout Design Choices

First impressions matter—are you creating the experience your customers crave? Here’s what to think about when designing your café.
by Haley Greene | April 26, 2023