ATS Euromaster closes 86 UK branches with 400 jobs at risk

Garage network cites overcapacity and rising costs as reasons for closures

ATS Euromaster closes 86 UK branches with 400 jobs at risk

ATS Euromaster is closing 86 of its UK branches, placing approximately 400 jobs at risk.

The company, which previously operated over 235 locations, has begun closing service centres across Britain. This follows an announcement in February that a number of branches had been earmarked for closure.

Halfords have openly said they are willing to interview any ATS Euromaster employee who may be at risk or out of work.

An ATS Euromaster spokesperson stated that the closures are due to overcapacity in the UK automotive aftermarket, rising costs, and sluggish activity and growth.

The company is consulting with affected employees and prioritising support for them. They have emphasised that customer service quality will not be affected.

The closures are intended to allow ATS Euromaster to concentrate on strategic development, including mobile services and a franchise model.

In 2025, the company plans to increase its mobile technician presence by over 125 across England, Scotland, and Wales.

Mark Holland, operations director at ATS Euromaster, noted a decline in fleet spending on service, maintenance, and repairs (SMR).

The company’s latest accounts, for the year ending December 2023, reported losses of £13.9 million, compared to £20.6 million in 2022. The overall turnover for 2023 was £165.5 million, up from £147.1 million in 2022.

Source: Birmingham Mail

1 Comment

  1. If you look deeper it’s more than likely that they are selling off fixed assets they own and just leaving the leased sites so that they can sell the company to the highest bidder in the future.

    Reply

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