Marzetti buys Japanese barbecue sauce brand for $400M

This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. The Marzetti Company has agreed to buy Japanese barbecue sauce brand Bachan’s for $400 million in cash as the dips and dressings maker looks to deepen its presence in the fast-growing sauce category. Marzetti will finance the purchase through cash on hand and additional financing, and the deal is expected to be completed by June 30, the company said in a press release. ...