ATS Euromaster has announced proposals to begin a structured wind-down of its operations in the UK amid continued trading struggles, leaving 703 roles at risk of redundancy.

The car and van fast-fit business said last year’s closure of 86 of its most unprofitable centres had failed to halt significant financial losses in a market experiencing over-capacity, rising costs and shifting consumer behaviour.

Two buyers have expressed an interest in acquiring part of the network and ATS will now look to pursue these opportunities with the primary aim of preserving as many jobs as possible.

The company proposes to sell 35 of its 152 points of sale to Formula One Autocentres, and 14 points of sale to S&M Tyres, which trades as Elite Garages. Subject to the completion of these sales, 216 employees across the 49 sites are expected to transfer to the new owners under TUPE regulations.

In a statement, ATS Euromaster said it would no longer be viable to operate following these sales, as the reduced scale of the network would lack the geographic reach to compete effectively in the UK.

The potential closures only affect ATS Euromaster; no other part of the Euromaster Group, including the Tructyre business, is impacted by the proposals.

Nick Harley, group managing director of Euromaster UK, said: “Today’s announcement marks an extremely sad and difficult moment for everyone in the company. We recognise the impact this will have on our colleagues, their families, and the communities ATS Euromaster serves, and it is not a decision we have taken lightly.

“Despite the team’s massive efforts to reshape the business, improve financial performance, and secure a sustainable future, a combination of intense market competition, sluggish activity within the sector and rising costs have left us with no viable path forward to a break-even position.

“Our number one priority now is to treat every employee fairly and respectfully, fully appreciating that many have enjoyed long careers with us. Colleagues transferring to the new owners will do so with continuity and stability, while those in locations proposed for closure will be supported through collective consultation.”

The proposals, if they go ahead, will leave 703 roles at risk of redundancy across the Aston-based head office, call centre and remaining 103 points of sale. A comprehensive package of support for staff will be agreed as part of the collective consultation process, including access to a 24-hour Employee Assistance Programme and specialist outplacement support.

It is proposed that 13 staff in the specialist role of mobile night technician will be invited to transfer under TUPE to Tructyre, a separate Euromaster Group business which offers a 100% mobile tyre service for the UK’s truck, trailer, bus and coach markets. All current and upcoming vacancies within Tructyre will also be offered to ATS Euromaster staff as a priority to avoid some compulsory redundancies.

ATS Euromaster points of sale cited for potential closure will remain open throughout the period of consultation, which will run until 30 April 2026.

If proposals proceed, the final day of trading for all points of sale would be 1 May 2026.

ATS Euromaster reassured customers and suppliers that it plans to follow a structured process to ensure commitments are met during the wind-down period and ensure a smooth and orderly transition.