Oatly Announces Further Progress on its Asset-Light Supply Chain Strategy

MALMÖ, Sweden, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world’s original and largest oat drink company, today announced the closure of its Singapore facility in the Europe & International segment. This action aligns with the Company’s asset-light supply chain strategy and is expected to improve the Company’s future cost structure and reduce future capital expenditure needs. Jean-Christophe Flatin, Oatly’s CEO, commented: “Over the past two years, our su ...