The UK Competition and Markets Authority said in a press release dated 8 October 2026 that it is considering legally binding undertakings offered by The Brink’s Company, including the sale of two of its businesses, to resolve competition concerns identified in a phase 1 investigation of its acquisition of NCR Atleos Corporation.

The CMA said Brink’s and NCR together operate over 50% of all cash machines, also known as ATMs, across the UK. It was concerned the deal could reduce competition in ATM operation and maintenance, since the combined business would be a very strong market leader facing limited competition from other suppliers. Without remedies, this could mean fewer options for businesses providing ATMs on commercial premises and, ultimately, higher fees for people relying on the machines to access cash.

The proposed remedies include selling Brink’s UK-based NoteMachine business, which provides ATM and cash management solutions, and the UK business of TestLink, which supplies ATM spare parts. The CMA said it had provisionally found the remedies could address its concerns and would now consider them in more detail, including seeking third-party feedback and assessing potential buyers. If satisfied, it would conditionally clear the deal.