Family behind Singapore’s 3-in-1 coffee empire Super Group gets in on oat milk

SINGAPOREAN entrepreneur David Teo made his fortune with Super Group selling 3-in-1 coffee. But visitors to his family office will notice that the decor is an ode to another beverage: oat milk.

Sitting at the lobby of Apricot Capital’s Pasir Panjang office are giant sacks labelled “Oat” and a plushie in the shape of an oat grain, named Oatdit, with wide eyes and bunny ears. An assortment of oat milk products are out on display with names that pay tribute to the cereal: Oatbedient and Oat Right.

David’s son Darren Teo, 39, and daughter Elaine Teo, 43, have brought a new-age twist to their family’s legacy in the beverage business. The siblings, both managing partners of Apricot, have built up two Singapore-based businesses in the oat milk realm: Fundamental Foods, which supplies oat milk and plant-based dairy alternatives as an ingredient, and Listen Up, which produces an oat milk beverage for consumers.