Sukhpal Singh Ahluwalia
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Sukhpal Singh Ahluwalia (born October 1958) is a British businessman and entrepreneur based in
London London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
. He is the founder and Non-Executive Chairman of Dominvs Group, a real estate, hospitality and
asset management company An asset management company is an asset management / investment management company/firm that invests the pooled funds of retail investors in securities in line with the stated investment objectives. For a fee, the company/firm provides more dive ...
. Ahluwalia also is founder and former
Executive Chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...
of car parts
distributor A distributor is an electric and mechanical device used in the ignition system of older spark-ignition engines. The distributor's main function is to route electricity from the ignition coil to each spark plug at the correct time. Design ...
Euro Car Parts.


Early life

Born in
Kampala, Uganda Kampala (, ) is the capital and largest city of Uganda. The city proper has a population of 1,875,834 (2024) and is divided into the five political divisions of Kampala, Kawempe, Makindye, Nakawa, and Rubaga. Kampala's metropolitan area consi ...
into a Sikh family, Ahluwalia’s parents
emigrated Emigration is the act of leaving a resident country or place of residence with the intent to settle elsewhere (to permanently leave a country). Conversely, immigration describes the movement of people into one country from another (to permanentl ...
to the UK in 1972, when Ahluwalia was 13 years old, to escape persecution under Idi Amin. When they arrived in the UK, the family spent a year in temporary shared accommodation. As a teenager, Ahluwalia spent time in the markets of
Petticoat Lane Petticoat Lane Market is a fashion and clothing market in Spitalfields, London. It consists of two adjacent street markets. Wentworth Street Market is open six days a week and Middlesex Street Market is open on Sunday only. The modern market ...
and Liverpool Street.


Career


Euro Car Parts

Ahluwalia founded Euro Car Parts in 1978 after borrowing £5,000 from his father and bank loan to buy a car parts shop in Willesden, London. The shop, originally called Highway Autos, was renamed Euro Car Parts a year later. In 1981, Ahluwalia opened a second branch of the company in the Willesden area. The company originally supplied car parts for
BMW Bayerische Motoren Werke AG, trading as BMW Group (commonly abbreviated to BMW (), sometimes anglicised as Bavarian Motor Works), is a German multinational manufacturer of vehicles and motorcycles headquartered in Munich, Bavaria, Germany. Th ...
, Mercedes,
Porsche Dr. Ing. h.c. F. Porsche AG, usually shortened to Porsche (; see below), is a German automobile manufacturer specializing in luxury, high-performance sports cars, SUVs and sedans, headquartered in Stuttgart, Baden-Württemberg, Germany. Th ...
and VW vehicles. The company expanded to become a leading supplier of parts, paints and equipment for cars and light commercial vehicles in the UK. By 2011, Euro Car Parts employed 3,500 people across 89 locations. In October 2011, Ahluwalia sold Euro Car Parts to LKQ Corporation for £280 million, with a supplementary £55 million if targets were met. After the sale, Ahluwalia became Executive Chairman of LKQ Corporation's businesses in the UK, Ireland and India, but stepped down from the board in December 2018.


Personal life

He is married to Rani Ahluwalia and they have three sons who are also involved in the businesses. As of May 2018, Ahluwalia is the fourth richest refugee in the UK. According to The ''
Sunday Times Rich List The ''Sunday Times Rich List'' is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and has been published as a magazine supplement by British national ...
'' 2019, the Ahluwalia family have a net worth of £500 million.


References

{{DEFAULTSORT:Ahluwalia, Sukhpal Singh 1958 births Living people British people of Punjabi descent British businesspeople of Indian descent Entrepreneurship in India Corporate executives in the automobile industry Ugandan refugees