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Oatly and Ya YA Foods announced a long-term strategic hybrid manufacturing partnership. Ya YA Foods will acquire assets and assume leases at Oatly's Ogden, UT and Fort Worth, TX facilities, while Oatly retains ownership of oat base production lines. Oatly will receive approximately $72 million.
“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.”globenewswire.com
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