Berkshire’s Richline Buys Jeweler Started by Stay-at-Home Moms

  • Purchase includes brand name, inventory and jewelry designs
  • Target company is ‘home party seller’ of silver jewelry

Richline Group Inc., a jewelry manufacturer and marketer owned by Warren Buffett’s Berkshire Hathaway Inc., agreed to buy designs, a brand name and inventory from Silpada Designs as part of a push into sterling-silver products.

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