In May we reported that Oatly had joined forces with Einride with the aim of delivering its oat milk via electronic transport. Six months later, Oatly informs us that this has been in place since 1st October and that the first month has been a success. This news comes in less than a month since we reported Oatly’s incredible stats for this year.
Blackstone Acquires Majority Stake in Prestige Suncare Brand Supergoop
Investment firm Blackstone has revealed it is to acquire a majority stake in Texan suncare brand Supergoop. It is believed that Blackstone will value the company at between $600 and $700 million. The investment will allow Supergoop to expand further, launching new product lines aimed at children and athletes while also breaking into new markets. Supergoop describes itself as “the only prestige skincare brand 100% dedicated to suncare”. The company’s skincare and cosmetic products, which include moisturiser, body butter, and eyeshadow, all offer UV protection. None of Supergoop’s products are tested on animals, and the vast majority are vegan-friendly — with the sole exception of the brand’s lip balm, which contains beeswax. Green investments by Blackstone Last year, Blackstone sparked controversy when it invested in …
