Retail union Usdaw is seeking an urgent meeting with Moto managers after the motorway services chain was sold to an investment bank.
The 48 Moto service stations were sold by catering giant Compass to Australian investment bank Macquarie as part of a £1.8bn disposal of its travel catering business.
“We’ll be seeking a meeting with the current management team at Moto who we understand will be staying in place,” said Usdaw national officer Val Pugh.
“Usdaw members have played a central role in building this very successful business and we want to find out as soon as possible what long-term plans the new owners have for Moto.”
The new owners are committed to making Moto a bigger player in the motorway services sector and the deal resolves a long period of uncertainty for Usdaw members, Pugh said.
“Usdaw believes this announcement will be good news for our members and they can rest assured we will continue to make sure their outstanding efforts are properly recognised and rewarded by the new owners,” she added.
