The private equity company, Black Orchid Equity, LLC (a South Dakota company), has acquired the assets of Moteng and has plans to grow the company’s volume dramatically. “We are thoroughly capitalized and in the process of doing three things – stocking up on inventory, selling at the most competitive prices allowable and becoming the largest knife distributor in the country,” says Blake Whitney Thompson, one of the new owners. The new owners of the company, based in San Diego, plan to use Moteng as a platform to acquire other distribution companies in the industry and to fund/invest in certain manufacturers that they represent.
Moteng has launched its new look at www.Moteng.com <http://www.Moteng.com> and plans a major dealer/vendor show in the fall for all of its customers.
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