Marzetti to Acquire Bachan’s in $400 Million Deal

The latest announcement is out from Marzetti Company ( (MZTI) ).

On February 2, 2026, The Marzetti Company entered into a definitive agreement to acquire Bachan’s, Inc., a fast-growing Japanese Barbecue Sauce brand, for $400 million in a cash- and debt-financed deal expected to close by June 30, 2026, pending regulatory approvals. Reporting results for the fiscal second quarter ended December 31, 2025, the company posted a 1.7% rise in consolidated net sales to $518 million, with adjusted sales essentially flat, a record gross profit of $137.3 million and higher gross margins driven by cost savings initiatives, while retail sales slipped 1.1% and foodservice sales grew on price and mix. Despite slightly lower operating income due to higher marketing and impairment charges, income before taxes and net income per share rose sharply, helped by the absence of prior-year pension settlement costs, and Marzetti continued to return capital through its 63rd consecutive annual dividend increase and ongoing share repurchases, positioning the company for continued growth in branded retail and foodservice offerings as it integrates new assets such as the Atlanta sauce facility and prepares to add Bachan’s to its portfolio.

The most recent analyst rating on (MZTI) stock is a Buy with a $193.00 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.

Marzetti Company’s overall stock score is driven by its strong financial performance and positive earnings call, which highlight its robust financial health and growth potential. However, the bearish technical indicators and relatively high valuation suggest caution. The positive corporate events provide additional support to the stock’s outlook.

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

More about Marzetti Company

The Marzetti Company, traded on Nasdaq under the symbol MZTI, is a manufacturer and marketer of specialty food products serving both retail and foodservice channels, with a portfolio that includes category-leading frozen garlic bread, licensed Texas Roadhouse dinner rolls and a growing range of branded and licensed items for national restaurant chains and grocery customers.

Average Trading Volume: 144,243

Technical Sentiment Signal: Strong Buy

Current Market Cap: $4.72B

See more insights into MZTI stock on TipRanks’ Stock Analysis page.