Marzetti Completes Acquisition of Bachan’s Sauce Brand

Marzetti Company ( (MZTI) ) has shared an update.

On April 29, 2026, The Marzetti Company closed funding of a $200 million term loan under an amended credit agreement, increasing its revolving facility to $200 million and securing long-term financing to support its growth strategy. The term loan, which matures in 2031 with a potential earlier springing maturity in 2029, will be repaid through $2.5 million quarterly installments, with interest payable on scheduled dates and the remaining balance due at maturity.

On May 1, 2026, Marzetti completed its $400 million acquisition of Bachan’s, Inc., a fast-growing Japanese Barbecue Sauce brand that generated approximately $87 million in net sales in the twelve months ended December 31, 2025. The deal, financed with the new term loan and cash on hand, broadens Marzetti’s presence in the condiment and sauce category and is expected to leverage its retail and foodservice distribution network, supply chain capabilities and culinary expertise while preserving Bachan’s premium positioning and brand heritage.

The most recent analyst rating on (MZTI) stock is a Hold with a $160.00 price target. To see the full list of analyst forecasts on Marzetti Company stock, see the MZTI Stock Forecast page.

Spark’s Take on MZTI Stock

According to Spark, TipRanks’ AI Analyst, MZTI is a Outperform.

Score driven primarily by strong financial quality (rapid revenue growth, solid margins, and very low leverage) and a positive earnings-call outlook (margin expansion, EPS growth, and shareholder returns), partially offset by a weaker longer-term technical trend and acquisition/integration execution risk. Valuation is supportive but not especially cheap.

To see Spark’s full report on MZTI stock, click here.

More about Marzetti Company

The Marzetti Company is a manufacturer and marketer of specialty food products for retail and foodservice channels, offering brands such as Marzetti dressings and dips, New York Bakery garlic breads, and Sister Schubert’s dinner rolls. It also manages a growing portfolio of exclusive licensing agreements for branded sauces and dressings from major U.S. restaurant chains, and supplies sauces, dressings, breads and pasta to leading restaurant operators nationwide.

Bachan’s, founded in 2019 and based in Sebastopol, California, is a Japanese-American flavor brand built on a multi-generational family barbecue sauce recipe, producing premium Japanese barbecue and dipping sauces with non-GMO ingredients and minimal processing. Its clean-label products have become a fast-growing presence in the sauce category, emphasizing family heritage, authenticity and high-quality ingredients.

Average Trading Volume: 289,864

Technical Sentiment Signal: Sell

Current Market Cap: $3.57B

For an in-depth examination of MZTI stock, go to TipRanks’ Overview page.