Mars-backed sports-nutrition business Foodspring to cease trading [Yahoo! Finance]
Oatly Group AB - American Depositary Shares (OTLY)
Company Research
Source: Yahoo! Finance
In a brief statement posted on its website, Foodspring said: “Due to challenging market conditions, we have taken the difficult decision to close the Foodspring business, with all customer-facing operations to end by June 30, 2025. “We thank our customers, business partners, and associates for their support and commitment over the years.” US-based confectionery and pet-care giant Mars, which took a majority interest in Berlin-based Foodspring in 2019 through its Mars Edge venture, referred Just Food to the same statement when asked for comment on the closure. Approached by this publication to confirm how many people are likely to lose their jobs at the direct-to-consumer business and for more information on the reasons for the company's demise,
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News
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OTLY
Earnings
- 2/12/25 - Miss
OTLY
Sec Filings
- 3/25/25 - Form F-3
- 3/13/25 - Form 20-F
- 3/5/25 - Form 6-K
- OTLY's page on the SEC website