Oatly signs manufacturing partnership deal with Ya YA Foods

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Under the agreement, Ya YA Foods will acquire a majority of the assets and assume the property lease at Oatly’s production facility in Ogden, Utah

Oatly will retain ownership and operation of proprietary oat base production lines in each location.

Oatly will receive about US$72-million, plus an additional credit amount towards future use of shared assets related to the Ogden facility and an additional credit toward ongoing construction at Fort Worth.

 

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