Japanese Barbecue Sauce
Search documents
The Marzetti Company (MZTI) Enters Into a Definitive Agreement to Acquire Bachan’s, Inc.
Yahoo Finance· 2026-02-10 13:43
Group 1 - The Marzetti Company (NASDAQ:MZTI) announced a definitive agreement to acquire Bachan's, Inc. for $400 million, aiming to enhance its position in the sauce category and expand growth opportunities through retail and foodservice distribution networks [1][3] - Bachan's, known for its original Japanese Barbecue Sauce, reported net sales of approximately $87 million for the 12 months ending December 31, and the acquisition is expected to broaden distribution and enhance product innovation [3] - In its Q2 2026 results, The Marzetti Company reported a consolidated gross profit increase of $4.5 million, or 3.4%, reaching a record level of $137.3 million, attributed to successful cost-saving initiatives [4]