Bissinger’s Handcrafted Chocolatier, a St. Louis brand for more than 90 years, has been acquired by the Abel family, which operates the Chocolate Chocolate Chocolate Company locally.
Tim Fogerty, Bissinger’s previous owner and CEO, exited the chocolate business to focus on 23 City Blocks Hospitality Group, which owns and operates The Caramel Room, Lumen Private Event Space and The Chocolate Pig restaurant, according to a statement. Financial terms of the deal were not disclosed.
The Abel family will continue to operate the Bissinger’s brand as a separate entity from its Chocolate Chocolate Chocolate brand. Bissinger’s manufacturing equipment used at its former facility at 1600 North Broadway near the riverfront is being auctioned.
The Bissinger’s kitchen, staff and some equipment are being moved into a new addition of the Chocolate Chocolate Chocolate facility down the street from its main plant on the Hill, according to the statement. Founded in 1981, the Chocolate Chocolate Chocolate Company offers tours of its factory at 5025 Pattison Avenue.
“We have invested millions into our manufacturing infrastructure in the last 24 months (and) timing was perfect to add a legendary company like Bissinger’s to our portfolio,” Dan Abel Sr., president and CEO of Chocolate Chocolate Chocolate Company, said in a statement to the Post-Dispatch.
Karl Bissinger opened Bissinger’s in St. Louis in 1927. His father previously had opened the first U.S. Bissinger’s kitchen in Cincinnati using European confection traditions passed down from his family.