The Marzetti Company announced that it has entered into a definitive agreement to acquire Bachan’s, Inc., a Japanese Barbecue Sauce brand known for authentic, clean-label products. The transaction reinforces the company’s 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’s net sales for the twelve months ended Dec. 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.