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Frank Thomas Become HEL UK
Distributors

Following
a management buy-out of Frank Thomas Holding Ltd in May 2003, the
group is looking to consolidate its future, and in order to gain
access into other market sectors has acquired UK distributor
Lintek. They already own the very successful brands of Frank
Thomas, Motrax and Bike Zone.
The purchase is being backed by ABN AMRO Capital and Barclays
Bank. Paul Moxon, ABN AMRO Capital spokesman said: "The
acquisition of a quality motorcycle parts company was always part
of the Group plan when conducting the management buy-out, and we
are delighted this has happened within only six months.

The
acquisition of Lintek creates new opportunities for the Group, and
positions them strongly as the leading (UK based) supplier of
motorcycle clothing, accessories and parts."

Lintek
(established in 1975) is a leading distributor of branded parts
and accessories including HEL brake lines, Bridgestone,
Continental and Michelin tyres, Ferodo brake pads, Silkolene oil,
EK chain and the FM helmet brand. The Frank Thomas Group
incorporates clothing company Frank Thomas Ltd, Motrax Ltd and
Bike Zone Ltd, owners of the Lewis brand of clothing. The
management team (led by Peter Laughton) is being strengthened
further with the appointment of Financial Director Paul Cook and
Chairman David Bernstein.
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