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World's Finest Chocolate acquires Gray & Co.'s Queen Anne brand.

Confectioner

| January 01, 2006 | Kuhn, Mary Ellen | COPYRIGHT 2006 BNP Media. (Hide copyright information)Copyright

The Queen is returning to Chicago--Queen Anne Cherry Cordials, that is. The chocolate-covered cherries' brand was originally established in Chicago in 1921, but since 1992 had been owned by Portland, Ore.-based Gray & Co., which in January announced the sale of the Queen Anne brand to Chicago-based World's Finest Chocolate.

[ILLUSTRATION OMITTED]

"World's Finest Chocolate is proud to bring this great brand back to Chicago," said Ed Opler, company chairman and CEO, in a statement made at the time of the announcement.

Since acquiring the brand 14 years ago, privately held Gray & Co. grew Queen Anne sales by more than 450 percent to a total in excess …

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