The owners of one of Cincinnati’s largest private companies have agreed to sell the company.
Bond Hill-based Richards Electric Supply Company Inc. will be acquired by Sonepar USA, the Charleston, S.C.-based U.S. operations of French-based electrical products distributor Sonepar Group. The deal is expected to be completed this year.
Richards Electric president and CEO Mike Misrach and his sister, Mary Wahl, own Richard Electric. The company was founded in 1937 by Misrach’s grandfather and ownership has been in the family for 84 years.
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