Over 130 roles have been safeguarded following the acquisition of 35 sites by Formula One Autocentres from ATS Euromaster.<\/p>\n
The deal sees employees transfer into the expanding network, with the business growing its footprint to 170 locations across the UK.<\/p>\n
The sites are being integrated over the Bank Holiday period, with IT and e-commerce systems transferring first, followed by a programme of refurbishment and rebranding over the next three months.<\/p>\n
Jon Butcher, managing director at Formula One Autocentres said: \u201cThis is a milestone moment in our history and will help the business to scale rapidly.<\/p>\n
\u201c130 ATS employees will be joining us as part of the deal and we look forward to welcoming them into the Formula One family. They know their existing customers and they are buying into the way we do things to ensure it is business as usual with all the added benefits we bring. There will also be a lot of career progression opportunities for them to explore.\u201d<\/p>\n
The expansion forms part of a longer-term growth strategy, with the company targeting a network of 250 sites. The enlarged business now employs around 1,100 staff and provides services including tyres, diagnostics, servicing and MOTs.<\/p>\n
Butcher added: \u201cThe 35 sites will take us to the 170 mark and significantly increase our coverage in regions such as South Wales and the North East. These will all form part of a long-term plan to get us towards a 250-strong portfolio.<\/p>\n
\u201cAt the heart of our growth will always be our customers and ensuring we maintain the family-owned business philosophy that keeps hundreds of thousands of motorists on the road every year.\u201d<\/p>\n
The newly acquired sites are spread across multiple regions, including Hinckley and Retford in the East Midlands; Sandown on the Isle of Wight; Newcastle, South Shields and Wallsend in the North East; and Blackpool, Bredbury, Bury, Morecambe, Preston and Runcorn in the North West.<\/p>\n
Further locations include Aldershot, Bourne End, Chichester, Godalming, Marlborough, Newmarket and Portslade in the South; Barnstaple, Tiverton and Yeovil in the South West; and a number of sites across Wales, including Abergavenny, Bangor, Bridgend, Carmarthen, Cwmbran, Newport, Port Talbot and Wrexham. In the West Midlands, the acquisition includes Evesham, Stafford, Uttoxeter and Tamworth, alongside Morley in Yorkshire.<\/p>\n","protected":false},"excerpt":{"rendered":"
New sites stretch from Hinckley to Stafford and far beyond, giving the network a much bigger footprint across the UK<\/p>\n","protected":false},"author":266702,"featured_media":2111341,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57362],"coauthors":[127717],"class_list":["post-2111340","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-acquisitions","tag-leicestershire","tag-staffordshire","tag-top-story"],"yoast_head":"\n