Oatly Faces Backlash Over Ties to Trump-Linked Investment Group

  • By cvbizz
  • September 2, 2020
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Oatly is facing backlash for its ties to the Blackstone Group

Oatly, the Swedish oat milk brand whose popularity ushered in a new wave of vegan dairy alternatives, is facing a boycott by climate-minded fans and activists in light of a belated public realization that Oatly sold a 10-percent, $200 million stake to an investment group led by controversial private-equity firm Blackstone Group in July.

Blackstone, whose chairman and CEO is noted Trump donor Stephen A. Schwarzman, has invested in

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