{"id":933547,"date":"2026-02-03T07:33:28","date_gmt":"2026-02-03T12:33:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/the-marzetti-company-announces-agreement-to-acquire-bachans-inc\/"},"modified":"2026-02-03T07:33:28","modified_gmt":"2026-02-03T12:33:28","slug":"the-marzetti-company-announces-agreement-to-acquire-bachans-inc","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-marzetti-company-announces-agreement-to-acquire-bachans-inc\/","title":{"rendered":"The Marzetti Company Announces Agreement to Acquire Bachan\u2019s, Inc."},"content":{"rendered":"

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The Marzetti Company Announces Agreement to Acquire Bachan\u2019s, Inc.<\/b><\/p>\n

WESTERVILLE, Ohio–(BUSINESS WIRE<\/a>)–
\nThe Marzetti Company (Nasdaq: MZTI) announced today that it has entered into a definitive agreement to acquire Bachan\u2019s, Inc., the fast-growing Japanese Barbecue Sauce brand known for its delicious, authentic, clean-label products. The transaction reinforces the company\u2019s expanding position in the sauce category and is expected to provide additional opportunities for growth through our retail and foodservice distribution network, the capabilities of our supply chain, and brand support from our marketing capabilities and culinary expertise. Bachan\u2019s net sales for the twelve months ended December 31, 2025, were approximately $87 million. The purchase price for the transaction is $400 million, subject to customary adjustments, and we intend to fund the acquisition with cash on hand and additional financing. The transaction is expected to close prior to our fiscal year end date of June 30, 2026, subject to regulatory approval and other customary closing conditions.<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260202465403\/en\/<\/a><\/p>\n

\"THE<\/p>\n

THE MARZETTI COMPANY ANNOUNCES AGREEMENT TO ACQUIRE BACHAN\u2019S, INC.<\/p>\n<\/div>\n

\nDavid A. Ciesinski, The Marzetti Company\u2019s CEO, commented, \u201cWe are very excited to share our plans to acquire Bachan\u2019s as a strategic extension of our portfolio that will further strengthen our position in the dynamic condiment and sauce category. Bachan\u2019s created its original Japanese Barbecue Sauce from a multi-generational family recipe passed down to its founder, Justin Gill, who has done a tremendous job scaling the brand. Over time, we intend to further broaden distribution, support continued product innovation, and thoughtfully extend the brand into new channels and adjacent categories.\u201d<\/p>\n

\n\u201cThis transaction will reinforce Marzetti\u2019s position as a global leader in sauces by adding a premium brand that is exceptionally well aligned with evolving consumer preferences for global flavors and better-for-you products. We look forward to welcoming the Bachan\u2019s team to the Marzetti family!\u201d<\/p>\n

\nJustin Gill, founder and CEO of Bachan\u2019s, remarked, \u201cOver the last several years, building Bachan\u2019s has allowed me to fulfill my childhood dream of bringing my family\u2019s sauce to market. My team and I have been working incredibly hard to deliver on this vision of building the first iconic Japanese-American flavor brand, and I am honored to partner with The Marzetti Company for the next stage of making my vision for Bachan\u2019s a reality.\u201d<\/p>\n

\n\u201cI am not only impressed by Marzetti\u2019s incredible history, portfolio of brands, capabilities and mission \u2013 but what has left the most meaningful impression on me is who they are as people. Bachan\u2019s is more than just a business or a brand to me – it is part of my family\u2019s legacy and our brand values are my own personal values, instilled in me by my family. Marzetti is an organization that deeply shares these values, and I am confident they will honor them in this next chapter for Bachan\u2019s. My team and I could not be more excited for our future with Marzetti as our strategic partner and as the new home for Bachan\u2019s.\u201d<\/p>\n

About The Marzetti Company<\/b><\/p>\n

\nThe Marzetti Company is a manufacturer and marketer of specialty food products for the retail and foodservice channels. Our retail brands and products include Marzetti\u00ae<\/sup> dressings and dips; New York Bakery\u2122 garlic breads; and Sister Schubert\u2019s\u00ae<\/sup> dinner rolls in addition to a growing portfolio of exclusive license agreements that includes Olive Garden\u00ae<\/sup> dressings; Chick-fil-A\u00ae<\/sup> sauces and dressings; Buffalo Wild Wings\u00ae<\/sup> sauces; Arby\u2019s\u00ae<\/sup> sauces; Subway\u00ae<\/sup> sauces; and Texas Roadhouse\u00ae<\/sup> steak sauces and dinner rolls. In the foodservice channel, we supply sauces, dressings, breads and pasta to many of the top restaurant chains in the United States.<\/p>\n

About Bachan\u2019s<\/b><\/p>\n

\nBachan\u2019s is a leading Japanese-American flavor brand led by founder and CEO Justin Gill. Launched in 2019 and headquartered in Sebastopol, CA, Bachan\u2019s was born from Justin\u2019s multi-generational family barbecue sauce recipe that was passed down to him by his bachan (grandma). Growing up, this sweet and savory sauce was always the centerpiece of family meals and gatherings. Now, this original family recipe has inspired the bold, fresh, umami flavor and clean ingredients in all of Bachan\u2019s sauces, and Bachan\u2019s is honored to continue this tradition. Bachan\u2019s barbecue sauces and dipping sauces are made in the way you would for your own family with high quality, non-GMO ingredients and minimal processing. To learn more, visit www.bachans.com<\/a> or follow Bachan\u2019s on X, Facebook, Instagram or TikTok.<\/p>\n

Transaction Advisors<\/b><\/p>\n

\nGoldman Sachs & Co. LLC acted as exclusive financial advisor to The Marzetti Company and King & Spalding LLP acted as legal counsel. Centerview Partners LLC acted as exclusive financial advisor to Bachan\u2019s, Inc. and Wachtell, Lipton, Rosen & Katz LLP served as legal counsel.<\/p>\n

Forward-Looking Statements<\/b><\/p>\n

We desire to take advantage of the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995 (the \u201cPSLRA\u201d). This news release contains various \u201cforward-looking statements\u201d within the meaning of the PSLRA and other applicable securities laws. Such statements can be identified by the use of the forward-looking words \u201canticipate,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cbelieve,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cexpect,\u201d \u201chope\u201d or similar words. These statements discuss future expectations; contain projections regarding future developments, operations or financial conditions; or state other forward-looking information. Such statements are based upon assumptions and assessments made by us in light of our experience and perception of historical trends, current conditions, expected future developments; and other factors we believe to be appropriate. These forward-looking statements involve various important risks, uncertainties and other factors, many of which are beyond our control, which could cause our actual results to differ materially from those expressed in the forward-looking statements. Some of the key factors that could cause actual results to differ materially from those expressed in the forward-looking statements include:<\/i><\/p>\n