Founders sell to Winsupply; new president to share ownership as Winsupply holds majority

The Morgan brothers sold their interest to Winsupply, and former sales manager Arnold Hardy became president, planning to purchase equity and share ownership with Winsupply as majority owner.

“The founders of the company, Russell and Peter Morgan, sold their interest in the company to Winsupply. Arnold Hardy, previously sales manager at Morgan Brothers, became president of the company, which will continue to do business as Morgan Brothers Supply. Hardy has 36 years of experience in the plumbing wholesale industry including his last 25 years at Morgan Brothers. He plans to purchase equity in the newly acquired company and share ownership with Winsupply Inc., the majority owner.”

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