Richline Group to acquire Honora brand

WARWICK - Richline Group Inc., a subsidiary of Berkshire Hathaway Inc., announced an agreement in principle to acquire the Honora brand, the largest importer of freshwater cultured pearls in the United States. Richline said it estimates a transaction completion date of July. Financial terms of the deal were not disclosed. Joel Schechter, CEO of Honora,…

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