Formula One Autocentres buys Equipe Autocare
(l to r) Steve Lant and Leon Glencross of Formula One Autocentres, Rob Warburton and Graeme Hepburn of Equipe Tyre & Autocare and Jon Butcher and Ian Keeley of Formula One Autocentres
Chain breaks through 100 barriers with the latest purchase
Formula One Autocentres’ expansion programme continues apace with its recent acquisition of Equipe Tyre & Autocare centres. With nine local branches, Equipe Autocare is one of the North West’s leading tyre and autocare specialists, offering tyres, exhausts, servicing, MOTs, brakes, clutches and air-conditioning.
This acquisition sees the number of Formula One Autocentres’ nationwide branches reach over 100 in total. The company, which is one of the UK’s largest independently owned automotive chains, is continuing with ongoing expansion plans laid out for the coming months and years.
Speaking about the latest purchase, Leon Glencross, CEO of Formula One Autocentres said: “The similarity of their products and services makes Equipe Tyre & Autocentre a perfect fit for us. As a family-run business ourselves, we understand the importance of professional service delivered with a personal touch. Equipe’s current customers can look forward to the same levels of friendly local service, but with the added value that only a national chain can bring”.
Asked about Formula One Autocentres’ ongoing expansion programme, Leon replied: “We continue to look for exciting growth opportunities, whether they be existing properties for refurbishment, or new build sites. The acquisition of Equipe Tyre & Autocare indicates our intention to offer a comprehensive national service”.
Rob Warburton of Equipe Tyre & Autocare added: “We are delighted to be handing over the reins to such a progressive and forward-thinking company as Formula One Autocentres. They have an ethos inline with our own, which gives us complete confidence that by incorporating our branches in their ever-growing portfolio, they will not only continue progressing the business, but also progressing and developing our dedicated team of people.”
Graeme Hepburn of Equipe Tyre & Autocare commented: “Rob and I would like to thank all the staff for their loyalty and hard work over many years with us. We wish them all the very best as they enter this new phase with Formula One Autocentres.”
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