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ATS Euromaster is closing 86 UK sites, risking 700 jobs, as it exits the market due to financial losses.
ATS Euromaster is exiting the UK market, closing 86 of its 152 service centres and putting over 700 jobs at risk.
The company, facing financial losses and unsustainable operations, is negotiating sales of 35 sites to Formula One Autocentres and 14 to S&M Tyres (Elite Garages), but the remaining 103 locations and headquarters in Aston will shut down.
Despite efforts to preserve jobs, the company says the reduced network cannot sustain a viable national business.
The closure process includes a consultation period through April, with final trading potentially ending May 1.
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ATS Euromaster está cerrando 86 sitios del Reino Unido, arriesgando 700 empleos, ya que sale del mercado debido a pérdidas financieras.