Ya Ya Foods Corp., a Toronto-based packaging services company for beverage companies across North America and a portfolio company of Chicago-based Entrepreneurial Equity Partners, has bought certain U.S. manufacturing assets from subsidiaries of Oatly Group AB, including a majority of the manufacturing equipment in Oatly’s Ogden, Utah facility.
Ya Ya Foods is an aseptic contract manufacturer of beverages such as plant-based milks, plant-based and bone broths, high-protein beverages and dairy products, as well as beverages such as juice. The company will also assume responsibility for the completion of construction of Oatly’s Fort Worth, Texas facility and will enter into a contract to manufacture products for Oatly in Ogden and Fort Worth.
“We are excited to take the first step in this long-term strategic partnership with Oatly, which will allow them to leverage our expertise in aseptic beverage packaging while focusing on their core capabilities in oat base technology, innovation, and branding,” comments Yahya Abbas, founder and CEO of Ya Ya Foods. “Ever since I founded Ya Ya Foods in 2008, expanding the company to the U.S. and continuing to enable growth for our customers has been a key part of my vision for the business.