Hannes Snellman Counsel to the Newly Established Joint-Venture Between Verlinvest and China Resources on Their Investment in Oatly
Oatly is Scandinavia’s leading brand of plant-based, dairy-free products and a pioneer in the Swedish food industry that has empowered consumers to eat in an ethical and environmentally-friendly way, through its sustainable high-fibre dairy-free oat-based range. Based in the south of Sweden with headquarters in Malmö and a production and development center in Landskrona, Oatly currently employs about 120 people and its products are available in more than 20 countries throughout Europe and Asia.
This new partnership with Verlinvest and China Resources will enable further investment in the group’s R&D facilities and bring new opportunities to offer Oatly’s unique brand of simple, natural Swedish liquid oat goodness to new consumers worldwide, including the entry into new markets such as China and the US.
The China Resources-Verlinvest Joint Venture was established in 2016 to invest in mid-sized, high-growth businesses in the healthy branded Food & Beverage and Senior Care sectors. The Joint Venture marries Verlinvest’s deep consumer expertise in growing international F&B brands with China Resources’ broad distribution capability to bring innovative and high potential brands to a global audience.
Hannes Snellman acted as counsel to Verlinvest and China Resources. Our deal team includes: Jan Jensen, Shoan Panahi, Patrik Erblad, Sebastian Wallin, David Riihonen, Moa Fritzon Torbjelt, Jonas Johansson and Hanna Puranen (M&A), Elisabeth Vestin and Camilla Alfredsson (IP), Safa Mahmoudi and Amela Balijaj (Real Estate) and Stina Eriksson (Finance).