Marzetti has bolstered its sauces portfolio with the acquisition of California-based Bachan’s for $400m. Bachan’s manufactures Japanese-American-style barbecue and dipping sauces and generated sales last year of around $87m. It was set up in 2019 by Justin Gill and is headquartered in Sebastopol. Nasdaq-listed Marzetti announced the transaction alongside its latest results today (3 February), which showed second-quarter sales rose 1.7% to $518m. They were up 3.6% year to date at $1.01bn. Subject to reg ...