Overview
- ATS Euromaster proposes selling 35 sites to Formula One Autocentres and 14 to S&M Tyres, which trades as Elite Garages.
- If the sales complete, 216 employees across 49 locations are expected to transfer to the buyers under TUPE protections.
- The company has opened a collective consultation, with all earmarked sites remaining open through April 30 and a possible final trading day of May 1, 2026 if plans are approved.
- Proposed transfer timelines set TUPE dates of April 18, 2026 for S&M Tyres and April 30, 2026 for Formula One Autocentres, with some moves dependent on landlord consent.
- Leaders cite overcapacity, rising costs and weaker sector activity for the retreat, with 13 mobile night technicians proposed to move to Tructyre and support offered to affected staff.