Spayne Lindsay & Co. is an independent M&A adviser providing bespoke advisory services to a wide range of clients in the consumer sector globally.
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Zing Zang is America’s #1 selling Bloody Mary brand and their portfolio includes a wide range of popular non-alcoholic drink mixes
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Year
2025
This acquisition will contribute significantly to Mizkan’s growth and expand its presence in the cocktail-mixers’ category, a key growth engine for the company. Also, as one of the leading pasta-sauce manufacturers in the United States, Mizkan will leverage its unique expertise in tomato-based foods to spur growth and innovation across the two organizations. This move also serves as a significant step in expanding Mizkan’s position in what the company refers to internally as “Inspired Mixology".
“Inspired Mixology” defines Mizkan’s desire to bring together the company’s deep bench of expertise, insights and creativity, combined with the company’s leading brands, to reimagine the cocktail/mocktail experience—at home, the bar and beyond—to help consumers and professional mixologists alike create fun, flavorful and on-trend libations.
Diego Palmieri, Mizkan America President and Chief Operating Officer, shared, “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!"
Added Brent Albertson, Chief Executive Officer, Zing Zang LLC, “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.”
Lipton Tea is the world's largest tea business
2021
Lipton Tea is the world’s leading tea business, with a portfolio of 34 brands including Lipton, PG tips, Pukka, T2 and TAZO®. With 11 production factories in 4 continents and Tea estates in 3 countries, Lipton is growing a world of wellbeing through the regenerative power of plants. The business generated revenues of around €2 billion in 2020.
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