Oatly was founded in 1993 or 1994 by food scientist Rickard Öste and his brother Björn Öste.[12][13] The parent company of Oatly AB is Ceba AB, which was founded by Rickard Öste, Ingegerd Sjöholm, Inger Ahlden and Lennart Lindahl together with the cereals company Skånska Lantmännen on February 17, 1994[14] [15] Oatly Group changed its name from Havre Global AB on 1 March 2021.[5]