GT Bicycles Picks Up English Distributor

GT Bicycles Inc. acquired one of its distributors, Caratti Sports Ltd. in Bristol, England, for an undisclosed amount of cash.

GT said Caratti Sports serves independent bicycle dealers throughout Britain, and has sold GT brand bicycles since 1990. GT said it will retain the current Caratti management.

GT Bicycles designs, manufactures and markets mid- to premium-priced mountain and juvenile BMX bicycles, parts and accessories.