Yeo’s, Oatly in S$30m tie-up to produce oat drink for Asia in Singapore

SWEDEN’S Oatly and Singapore’s food and beverage (F&B) manufacturer Yeo Hiap Seng (Yeo’s) will jointly invest S$30 million in equipment and facility to produce the vegan milk producer’s popular oat drink in Singapore, in what is seen as a coup for the Singapore heritage brand and the nation as a high-tech manufacturing hub.

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