Entrepreneurial Equity Partners-backed Ya YA Foods, a contract manufacturer of a broad range of aseptic food and beverage products, completed the acquisition of Oatly, an oat drink company, for $101m. “We are excited to partner with Ya YA Foods, a leading food and beverage manufacturer who brings deep production expertise and shares our commitment to meeting the highest quality product and safety standards. We believe an increased focus on our oat base technology, innovation, branding and commercial execution will better position Oatly to drive profitable growth, while reducing the capital intensity of our future facilities, and ultimately convert more consumers to plant-based and create more products that are healthy for people and the planet,” Toni Petersson, Oatly CEO.