USA: Marzetti acquires Japanese BBQ sauce brand Bachan’s
Marzetti (formerly Lancaster Colony) has entered into a definitive agreement to acquire Bachan’s, the fast-growing maker of Japanese barbecue sauce, for $400 million in cash. The transaction serves as a major expansion of Marzetti’s “better-for-you” condiment portfolio, bringing in a high-growth brand that generated approximately $87 million in net sales for the 12 months ended December […]