OTC International purchases KIP

OTC International LTD, Long Island City, New York, a leading distributor of fine gold, silver and cameo jewelry, has purchase of KIP (the Key Item People), a fine jewelry group specializing in providing diamond and gold “key items” to major retailers.

Yoram Sheinman, president and CEO of OTC International, said the KIP purchase expands the product offerings of OTC to include proven diamond items.

KIP was founded by the executive group three years ago and has been successful in the placement of high volume items with major retailers.