Mizkan America has acquired Chicago-based Zing Zang, the top-selling Bloody Mary brand in America, for an undisclosed sum. This acquisition significantly boosts Mizkan’s presence in the growing cocktail mixer category, which the company internally refers to as “Inspired Mixology.”
Mizkan, a leading pasta sauce manufacturer, plans to leverage its expertise in tomato-based foods to drive growth and innovation across both organizations. Zing Zang’s portfolio includes a variety of popular non-alcoholic drink mixes, known for their premium taste, affordability, and use of real fruit and vegetable juices and natural sweeteners.
For the foreseeable future, Zing Zang will continue to operate as a separate business unit. Before this acquisition, Zing Zang, LLC was owned by NexPhase Capital.
Advisors: Jefferies advised Zing Zang financially, with Choate, Hall & Stewart providing legal counsel. Spayne Lindsay & Co. advised Mizkan financially, and Latimer LeVay Fyock served as legal advisor.
KEY QUOTES:
“Zing Zang is an exciting addition to the Mizkan family of brands. As a leader in the U.S. Pasta Sauce and Vinegar categories, this acquisition solidifies the company’s position in a growing third space. Mizkan already has strong expertise in this area as the exclusive distributor of ANGOSTURA bitters in North America. We see the acquisition of Zing Zang as a win-win. We think they will be an amazing collaboration partner allowing Mizkan to expand our presence in “Inspired Mixology” while also driving growth for Mizkan and creating new innovations for our customers. It’s also a terrific opportunity for Mizkan to expand our scale and scope in an on-trend category. We’re extremely thrilled to have Zing Zang join the Mizkan Team!”
Diego Palmieri, Mizkan America President and Chief Operating Officer
“I’m very excited about the opportunities for growth that will arise from the powerful combination of Mizkan and Zing Zang. By uniting our strengths and deep expertise, we’re poised to accelerate innovation, broaden our impact and deliver even greater experiences to our customers and distribution partners.”
Brent Albertson, Chief Executive Officer, Zing Zang
