Queen Anne, the leading US brand of chocolate cordial cherries and one of the top five boxed chocolate brands sold during the holiday season, has been sold by Gray and Co to World’s Finest Chocolate (WFC) the company announced.

The agreement includes a long-term contract with Gray and Co, the world’s biggest manufacturer of maraschino cherries, who will continue to supply cherries for Queen Anne production. Production of the Queen Anne brand will be moved to WFC’s production facility in Chicago.

“This acquisition fits well with our growth strategy,” says Tyler Jeffrey, vice president of sales and marketing at WFC. “The addition of the Queen Anne brand gives WFC a strong position in the holiday retail market and the cordial manufacturing line can be easily added to our Chicago facility.”

The Queen Anne brand generates annual sales of US$30m.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.