Blackstone Inc. retains a minority equity ownership stake in Oatly, having initially acquired a position during a major private funding round prior to the company's public stock offering. While Blackstone holds shares alongside other institutional investors, venture funds, and public shareholders, it does not possess outright or majority control of the enterprise. The broader ownership structure includes significant stakes held by other private investment entities, international conglomerates, and public market investors trading shares openly on the Nasdaq stock exchange.