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Who's craving oat milk? Investment firm Far East Capital, the family office of real estate developer Far East Organization, has bought preference shares in Oatside through a secondary sale in November last year.
Some more detail. Mugi Capital also transferred its stake to existing Oatside stakeholders, divesting more than half of its shares in the oat milk manufacturer.
🥛 And the value?
With Oatside valued at $705M, Far East Capital's stake can be worth $4.57M.
😋 Oat so good
Besides plain oat milk, Oatside also has chocolate milk and an oat latte product.
The business rides on the growing demand for alternative milk products for health and dietary benefits.

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