The Marzetti Company (MZTI) Enters Into a Definitive Agreement to Acquire Bachan’s, Inc.

The Marzetti Company (NASDAQ:MZTI) is one of the Best FMCG Stocks to Invest In According to Analysts. On February 3, the company announced that it entered into a definitive agreement for the acquisition of Bachan’s, Inc. Notably, the transaction will help expand the company’s position in the broader sauce category. Also, it will offer growth opportunities via retail and foodservice distribution network, supply chain capabilities, etc. The Marzetti Company (NASDAQ:MZTI) highlighted that the purchase price i ...