Tag Archives: Swedish

Swedish Brothers Ride Oat Milk Boom to $562 Million Fortune

(Bloomberg) — It began with a group of scientists and a wild idea: That the byproduct remaining after making oat bran could be turned into non-dairy milk. That idea became the foundation of Oatly Group AB, the Swedish oat milk company that debuted Thursday in New York after raising $1.4 billion in an initial public offering. The share sale cements the fortunes of one of the scientists, Rickard Oste, and his brother Bjorn Oste, who co-founded the Malmo-based company. The American depositary… Source link

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Father of missing Swedish backpacker in Victoria Max Castor dies

The father of a teenage backpacker who mysteriously vanished in regional Victoria more than a decade ago has died after years of tirelessly searching for clues into his son’s disappearance. Rolf Castor’s son Max went missing in April 2005, five months after he arrived in Australia from Sweden at the tender age of 19. His son’s disappearance without a trace prompted a personal mission from the father, who spent the next 15 years ensuring no stone went unturned. “He never gave up hope of… Source link

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