ATS Euromaster (35 autocentre sites)

Formula One Autocentres has announced the acquisition of 35 autocentre sites from ATS Euromaster, a move that will safeguard over 130 jobs and significantly expand Formula One Autocentres' operational network across the UK.

Summary of transaction details:

• Value: Not Disclosed
• Sector: Automotive Services
• Advisor: Not Disclosed
• Key Entities: Target: ATS Euromaster (35 sites), Acquirer: Formula One Autocentres
• Location: UK

Note: This strategic acquisition enables Formula One Autocentres to expand its national presence to 170 locations, integrate new operations, and reinforce its position in the automotive maintenance and repair market through enhanced service delivery and geographic reach.