Giant UK bought the family-owned retailer - which has stores in Ipswich, Colchester and Norwich - out of administration.

Giant UK managing director Ian Beasant said the stores' 21 staff - who are now transferred over to the new business - had faced uncertainty but are a strong asset to the business.

Ian Beasant, manager director of Giant UK Ltd, which has bought Thomas's Cycle Revolution out of administration (Image: Giant UK)

Leading bicycle manufacturer Giant - which is still operated by its founding family - was founded in 1972 and is based in Taiwan.

"We want to ensure customers are fully supported - particularly around warranties, servicing and ongoing care - while also making sure store teams feel confident and well supported," said Mr Beasant.

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"Giant brings stability, scale and long-term commitment.

"This isn’t about changing what made Thomas’s Cycle Revolution special, but about supporting those........

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