EMP - goes vegan.
Single Thread - opening a plant-based venture.
Guevara's - we know that story.
And...
QuotePrivate equity has a place at the table, and so do Oprah and Jay-Z. Food giants like Nestlé are scrambling to get a foot in the door. There are implications for the climate. There are even geopolitical rumblings.
The unlikely focus of this excitement is Oatly, producer of a milk substitute made from oats that can be poured on cereal or foamed for a cappuccino. Oatly, a Swedish company, will sell shares to the public for the first time this week in an offering that could value it at $10 billion and exemplify the changes in consumer preferences that are reshaping the food business.
And guess who is in on the act. Hint: It ain't just Oprah...
Quote
But the company is more than 25 years old and is backed by some serious money.
The majority shareholder is a partnership between an entity owned by the Chinese government and Verlinvest, a Belgian firm that invests some of the wealth of the families that control the Anheuser-Busch InBev beer empire. Blackstone, the giant private equity firm, owns a little less than 8 percent in Oatly.
Oh - I forgot...
QuoteNestlé, the world’s biggest producer of packaged food, unveiled its own milk alternative this month, made from peas.
HELP!
