Oatly (OATLY) is expected to file for an IPO in the U.S. in the back half of next year, according to Bloomberg.

The Sweden-based vegan food brand is partially owned by Blackstone Group (NYSE:BX), Oprah Winfrey, Jay-Z, Natalie Portman and Starbucks founder Howard Schultz.

Starbucks (NASDAQ:SBUX) added Oatly products to its menu in China earlier this year. Oatly also secured a European green deal this year. “We know that as a rapidly growing sustainability company we need to move fast for the benefit of the planet and all of us who live on it, and doing so will potentially require funding,” stated Communications Manager Linda Nordgren earlier this year.

Plant-based and ethically-produced food companies have done very well with IPOs in the recent past, with Vital Farms (NASDAQ:VITL) and Beyond Meat (NASDAQ:BYND) the most notable examples.

Oatly eyes 2021 IPO as interest in vegan food companies increases (NYSE:BX)

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