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Category: Richards electric

Sonepar Will Acquire Richards Electric

Sonepar Will Acquire Richards Electric

Electrical and industrial distributor Sonepar USA, a family-owned subsidiary of the privately held Sonepar Group in South Carolina, says it has reached a deal to acquire Cincinnati-based Richards Electric Supply Company. Financial details were not disclosed. Sonepar USA announced the acquisition plans Wednesday. The company said acquiring Richards Electric will add four branches and about […]