Executives overseeing Oatly Group AB’s Greater China operations are reportedly considering a management buyout of the business, according to Bloomberg. The potential buyers are working towards a deal that could close before the end of 2026, though discussions are ongoing and no agreement is guaranteed. Oatly initiated a strategic review of its Greater China operations in mid-2025, following a 2.1% year-on-year revenue decline in the region's most recent quarter.

The Greater China arm recorded an EBITDA loss of $31.1 million in 2025, down from $65 million in 2023. Oatly's share price has dropped by more than 35% over the past year, with a market capitalization of approximately $256 million. Oatly entered the Chinese market in 2018 and operates a production facility in Anhui Province, though it confirmed in early 2025 that it would not proceed with a second factory in China due to sufficient capacity at the existing site.