The Marzetti Company Completes Acquisition of Bachan’s, Inc.

The Marzetti Company has announced the completion of its acquisition of Bachan’s, Inc., a Japanese Barbecue Sauce brand, for $400 million. The acquisition was financed through a $200 million term loan and cash on hand. The term loan has a maturity date of April 29, 2031, with quarterly installments and interest payments. This strategic move is expected to enhance Marzetti's position in the sauce market by leveraging Bachan’s popular products and Marzetti's distribution network and expertise. Bachan’s reported net sales of approximately $87 million for the twelve months ended December 31, 2025. The company anticipates growth opportunities and synergies between the two brands, emphasizing a shared alignment in values and a commitment to quality and family heritage. Goldman Sachs & Co. LLC served as the financial advisor to Marzetti, while Wachtell, Lipton, Rosen & Katz LLP provided legal counsel to Bachan’s.