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{{Short description|British businessman}}
{{UPE|date=January 2022}}
{{Infobox person {{Infobox person
| name = Sukhpal Singh Ahluwalia | name = Sukhpal Singh Ahluwalia
| image = | image = Sukhpal Singh Ahluwalia - headshot - 2019.jpg
| image_size = | image_size =
| caption = | caption =
| birth_name = | birth_name = Sukhpal Singh Ahluwalia
| birth_date = {{birth year and age|1958|10}} | birth_date = {{birth year and age|1958|10}}
| birth_place = Uganda | birth_place = ]
| death_date = | death_date =
| death_place = | death_place =
| death_cause = | death_cause =
| restingplace = | restingplace =
| nationality = British Indian | nationality = British
| ethnicity =
| residence = ], ]
| education = | education =
| alma mater = | alma mater =
| occupation = Businessman | occupation = Businessman and Entrepreneur
| title = | title =
| term = | term =
| predecessor = | predecessor =
| successor = | successor =
| known for = Founder of ] | known for = Founder of ] <BR> Non-Executive Chairman of Dominvs Group
Chairman of Dominvs Group
| boards = | boards =
| salary =
| networth = {{increase}} {{GBP}}500 million <small>(Sunday Times Rich List, 2019)</small>
| spouse = Rani Ahluwalia | spouse = Rani Ahluwalia
| parents = | parents =
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| relations = | relations =
| website = | website =
| Relgion =
}} }}


'''Sukhpal Singh Ahluwalia''' (born October 1958)<ref>{{Cite web|url=https://beta.companieshouse.gov.uk/officers/EE-aKRDfioBTmNtwbC4aLBLq3vo/appointments|title=Sukhpal AHLUWALIA - Personal Appointments (free information from Companies House)|website=beta.companieshouse.gov.uk|language=en|access-date=2018-03-02}}</ref> is a London-based Indian businessman<ref>{{cite web |title=Sukhpal Singh Ahluwalia's official profile on The Marque |url=https://www.themarque.com/profile/sukhpal-singh-ahluwalia}}</ref>. He is founder and previously<ref>https://news.sky.com/story/jobs-axe-hangs-over-car-parts-distributor-as-top-team-quits-11592771</ref> ] of car parts ] ].<ref name=":0">{{Cite web|url=http://corporate.eurocarparts.com/about/ourfounder|title=Our Founder - My Story|website=corporate.eurocarparts.com|access-date=2018-03-02}}</ref><ref name=":5">{{Cite news|url=https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8806947/Sukhpal-Singh-Ahluwalia-sells-Euro-Car-Parts-for-225m-after-starting-it-with-5000.html|title=Sukhpal Singh Ahluwalia sells Euro Car Parts for £225m after starting it with £5,000|last=Osborne|first=Alistair|date=2011-10-05|work=The Telegraph|access-date=2018-05-21|language=en-GB|issn=0307-1235}}</ref> Ahluwalia is also founder and Chairman of Dominvs Group, a property-focused ].<ref>{{Cite news|url=http://www.financialexpress.com/archive/uk-indian-billionaires/1255972/|title=UK Indian billionaires|work=The Financial Express|access-date=2018-03-02|language=en-US}}</ref> '''Sukhpal Singh Ahluwalia''' (born October 1958)<ref>{{Cite web|url=https://beta.companieshouse.gov.uk/officers/EE-aKRDfioBTmNtwbC4aLBLq3vo/appointments|title=Sukhpal AHLUWALIA - Personal Appointments (free information from Companies House)|website=beta.companieshouse.gov.uk|language=en|access-date=2018-03-02}}</ref> is a British businessman and entrepreneur based in ].


He is the founder and Non-Executive Chairman of Dominvs Group, a real estate, hospitality and ].<ref>{{Cite news|title=UK Indian billionaires|language=en-US|work=The Financial Express|url=http://www.financialexpress.com/archive/uk-indian-billionaires/1255972/|access-date=2018-03-02}}</ref> Ahluwalia also is founder and former ] of car parts ] ].<ref name=":5">{{Cite news|url=https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8806947/Sukhpal-Singh-Ahluwalia-sells-Euro-Car-Parts-for-225m-after-starting-it-with-5000.html|title=Sukhpal Singh Ahluwalia sells Euro Car Parts for £225m after starting it with £5,000|last=Osborne|first=Alistair|date=2011-10-05|work=The Telegraph|access-date=2018-05-21|language=en-GB|issn=0307-1235}}</ref>
⚫ As of May 2018, Ahluwalia is the fourth richest refugee in the UK.<ref>{{Cite news|url=https://www.thetimes.co.uk/article/sunday-times-rich-list-2018-penniless-refugees-flee-war-to-land-on-rich-list-with-6bn-fttwwcx8v|title=Penniless refugees flee war to land on Rich List with £6bn|last=List|first=Robert Watts, Compiler of the Rich|date=2018-05-06|work=The Sunday Times|access-date=2018-05-21|language=en|issn=0956-1382}}</ref> According to The '']'' 2019, the Ahluwalia family have a net worth of £500 million.<ref>{{Cite news|url=https://www.thetimes.co.uk/article/sunday-times-rich-list-2019-profiles-251-298-lkqrqgnkb|title=Rich List 2019: profiles 251-298=|last=Times|first=The Sunday|date=2019-05-12|access-date=2019-05-28|language=en|issn=0140-0460}}</ref>


== Early life == == Early life ==
Born in ], Ahluwalia’s parents ] to the UK when Ahluwalia was 13 years old to escape ] in 1972.<ref name=":0" /><ref name=":1">{{Cite news|url=https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10778532/Asian-entrepreneur-moves-on-from-the-Euro-Car-Parts-group-he-founded.html|title=Asian entrepreneur moves on from the Euro Car Parts group he founded|last=Osborne|first=Alistair|date=2014-04-21|work=The Telegraph|access-date=2018-03-02|language=en-GB|issn=0307-1235}}</ref> When they arrived in the UK, the family spent a year in temporary shared accommodation.<ref name=":1" /><ref name=":2">{{Cite news|url=http://money.cnn.com/2018/01/16/smallbusiness/euro-car-parts-sukhpal-singh-ahuwalia/index.html|title=How a refugee created 3,500 jobs in Britain|last=Kirby|first=Arthur|work=CNNMoney|access-date=2018-03-02}}</ref> Born in ] into a Sikh family, Ahluwalia’s parents ] to the UK in 1972, when Ahluwalia was 13 years old, to escape ].<ref name=":1">{{Cite news|url=https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10778532/Asian-entrepreneur-moves-on-from-the-Euro-Car-Parts-group-he-founded.html|title=Asian entrepreneur moves on from the Euro Car Parts group he founded|last=Osborne|first=Alistair|date=2014-04-21|work=The Telegraph|access-date=2018-03-02|language=en-GB|issn=0307-1235}}</ref> When they arrived in the UK, the family spent a year in temporary shared accommodation.<ref name=":1" /><ref name=":2">{{Cite news|url=https://money.cnn.com/2018/01/16/smallbusiness/euro-car-parts-sukhpal-singh-ahuwalia/index.html|title=How a refugee created 3,500 jobs in Britain|last=Kirby|first=Arthur|work=CNNMoney|access-date=2018-03-02}}</ref>


As a teenager, Ahluwalia spent time in the markets of ] and ].<ref name=":1" /> As a teenager, Ahluwalia spent time in the markets of ] and ].<ref name=":1" />
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=== Euro Car Parts === === Euro Car Parts ===
{{further|Euro Car Parts}}
Ahluwalia founded Euro Car Parts in 1978 after borrowing £5,000 from his father and ] bank to buy a car parts shop in ].<ref name=":1" /> The shop, originally called Highway Autos, was renamed Euro Car Parts a year later.<ref name=":1" /> Ahluwalia founded Euro Car Parts in 1978 after borrowing £5,000 from his father and bank loan to buy a car parts shop in ].<ref name=":1" /> The shop, originally called Highway Autos, was renamed Euro Car Parts a year later.<ref name=":1" />


In 1981, Ahluwalia opened a second branch of the company in the Willesden area.<ref name=":3">{{Cite web|url=http://corporate.eurocarparts.com/about/heritage/1981|title=Euro Car Parts Heritage {{!}} Quality Car Parts{{!}} 200+ Branches Nationwide|website=corporate.eurocarparts.com|access-date=2018-03-02}}</ref> The company originally supplied car parts for ], ], ] and ] vehicles.<ref>{{Cite web|url=http://corporate.eurocarparts.com/about|title=About Euro Car Parts {{!}} High Quality Car Parts {{!}} 200+ Branches Nationwide|website=corporate.eurocarparts.com|access-date=2018-03-02}}</ref> The company expanded to become the leading suppliers of parts, paints and equipment for cars and light commercial vehicles in the UK.<ref name=":0" /> In 1981, Ahluwalia opened a second branch of the company in the Willesden area. The company originally supplied car parts for ], ], ] and ] vehicles. The company expanded to become a leading supplier of parts, paints and equipment for cars and light commercial vehicles in the UK.<ref>{{Cite web|title=Sukhpal Singh Ahluwalia sells Euro Car Parts for £225m after starting it with £5,000|url=https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/8806947/Sukhpal-Singh-Ahluwalia-sells-Euro-Car-Parts-for-225m-after-starting-it-with-5000.html|access-date=2020-09-18|website=The Telegraph|date=5 October 2011 |language=en-GB}}</ref>


By 2011, Euro Car Parts employed 3,500 people across 89 locations.<ref name=":2" /> In October 2011, Ahluwalia sold Euro Car Parts to ] for £280 million, with a supplementary £55 million if targets were met.<ref>{{Cite web|url=http://investor.lkqcorp.com/investor-relations/press-releases/press-release-details/2014/LKQ-Corporation-Appoints-Sukhpal-Singh-Ahluwalia-To-Its-Board-Of-Directors/default.aspx|title=LKQ Corporation Appoints Sukhpal Singh Ahluwalia To Its Board Of Directors|website=investor.lkqcorp.com|language=en-CA|access-date=2018-03-02}}</ref><ref>{{Cite web|url=https://www.ft.com/content/33c34e92-ee9d-11e0-9a9a-00144feab49a|title=Euro Car Parts sold to LKQ for £225m|last=|first=|date=|website=Financial Times|language=en-GB|access-date=2018-03-02}}</ref><ref name=":5" /> After the sale, Ahluwalia became Executive Chairman of LKQ Corporation's businesses in the UK, Ireland and India,<ref name=":0" /> but stepped down from the board in December 2018.<ref>https://news.sky.com/story/jobs-axe-hangs-over-car-parts-distributor-as-top-team-quits-11592771</ref> By 2011, Euro Car Parts employed 3,500 people across 89 locations.<ref name=":2" /> In October 2011, Ahluwalia sold Euro Car Parts to ] for £280 million, with a supplementary £55 million if targets were met.<ref>{{Cite web|url=http://investor.lkqcorp.com/investor-relations/press-releases/press-release-details/2014/LKQ-Corporation-Appoints-Sukhpal-Singh-Ahluwalia-To-Its-Board-Of-Directors/default.aspx|title=LKQ Corporation Appoints Sukhpal Singh Ahluwalia To Its Board Of Directors|website=investor.lkqcorp.com|language=en-CA|access-date=2018-03-02}}</ref><ref>{{Cite news|url=https://www.ft.com/content/33c34e92-ee9d-11e0-9a9a-00144feab49a|title=Euro Car Parts sold to LKQ for £225m|last=|first=|date=4 October 2011|website=Financial Times|language=en-GB|access-date=2018-03-02}}</ref><ref name=":5" /> After the sale, Ahluwalia became Executive Chairman of LKQ Corporation's businesses in the UK, Ireland and India,<ref>{{Cite web|title=LKQ Corporation Announces Director Resignation|url=https://investor.lkqcorp.com/press-releases/press-releases-details/2019/LKQ-Corporation-Announces-Director-Resignation/default.aspx|access-date=2020-09-18|website=investor.lkqcorp.com|language=en-US}}</ref> but stepped down from the board in December 2018.<ref>{{Cite web|url=https://news.sky.com/story/jobs-axe-hangs-over-car-parts-distributor-as-top-team-quits-11592771|title = Jobs axe hangs over car parts distributor as top team quits}}</ref>

As of 2018, Euro Car Parts company has more than 300 branches across the UK and employs more than 10,000 people.<ref>{{Cite web|url=http://corporate.eurocarparts.com/about/facts-and-figures|title=Euro Car Parts Facts|last=|first=|date=|website=corporate.eurocarparts.com|access-date=2018-03-02}}</ref>

=== Dominvs Group ===
In 2011, Ahluwalia founded ] Dominvs Group.<ref name=":0" /> The Group manages a portfolio exceeding £700 million.<ref>{{Cite web|url=https://www.dominvsgroup.com/about-us|title=Dominvs Group {{!}} Real Estate & Private Equity|website=Dominvs Group {{!}} Real Estate & Private Equity|language=en|access-date=2018-03-02}}</ref><ref>{{Cite news|url=https://www.egi.co.uk/news/sukhpal-singh-ahluwalia-man-of-many-parts/|title=Sukhpal Singh Ahluwalia: Man of many parts EGi|work=EGi|access-date=2018-05-21|language=en-US}}</ref>

The Dominvs Group has acquired or constructed a number of UK hotels, including The Holiday Inn Manchester City Centre, Mercure Sheffield Parkway Hotel, The Holiday Inn Darlington and The Holiday Inn Dumfries.<ref>{{Cite web|url=https://www.thecaterer.com/articles/499922/dominvs-sells-holiday-inn-manchester-city-centre|title=Dominvs sells Holiday Inn Manchester City Centre|last=|first=|date=|website=The Caterer|access-date=2018-03-02}}</ref><ref>{{Cite news|url=https://www.scotsman.com/business/companies/tech/property-firm-dominvs-in-30m-aberdeen-hotel-plan-1-3235312|title=Property firm Dominvs in £30m Aberdeen hotel plan|last=|first=|date=|work=The Scotsman|access-date=2018-05-21|language=en}}</ref>

The Group also owns Paradise Street, Oxford; Ralph Allen Building in Bath; Holiday Inn Express Aberdeen Airport and Crowne Plaza Aberdeen Airport; The Dixon at Tower Bridge, London.<ref>{{Cite web|url=https://www.thecaterer.com/articles/502546/dominvs-group-to-develop-courtyard-by-marriott-in-oxford|title=Dominvs Group to develop Courtyard by Marriott in Oxford|last=|first=|date=|website=The Caterer|access-date=2018-03-02}}</ref><ref>{{Cite news|url=https://www.insidermedia.com/insider/southwest/dominvs-buys-bath-property|title=Dominvs buys Bath property|last=Ltd|first=Insider Media|work=Insider Media Ltd|access-date=2018-03-02|language=en-GB}}</ref><ref>{{Cite news|url=https://www.businesstraveller.com/news/2015/05/08/holiday-inn-express-opens-aberdeen-airport-hotel/|title=Holiday Inn Express opens Aberdeen airport hotel - Business Traveller – The leading magazine for frequent flyers|date=2015-05-08|work=Business Traveller – The leading magazine for frequent flyers|access-date=2018-03-02|language=en-GB}}</ref><ref>{{Cite web|url=https://www.thecaterer.com/articles/514219/dixon-hotel-to-open-next-year|title=Dixon hotel to open next year|last=|first=|date=|website=The Caterer|access-date=2018-03-02}}</ref>

In 2016, Ahluwalia invested in ] processing company EcoCentric Management based in Mumbai, India.<ref name=":4">{{Cite web|url=https://www.dominvsgroup.com/private-equity-portfolio|title=Dominvs Group {{!}} Real Estate & Private Equity|website=Dominvs Group {{!}} Real Estate & Private Equity|language=en|access-date=2018-03-02}}</ref> In 2017, Ahluwalia invested in truck and trailer part distributor Digraph Transport Supplies.<ref name=":4" />


== Personal life == == Personal life ==
Ahluwalia lives in ].<ref name=":0" /> He is married to Rani Ahluwalia and they have three sons who are also involved in the businesses.<ref name=":0" /> The family has supported projects to help the homeless in London and provide education to children in India.<ref name=":2" /> In 2019, the Ahluwalia family supported the publication of a report into migrant ] in the UK, which called for immigration and visa reform.<ref>{{Cite web|url=https://www.tenentrepreneurs.org/sukhpal-singh-ahluwalia-biography|title=Biography|website=The Entrepreneurs Network|language=en-US|access-date=2019-07-17}}</ref> Ahluwalia has said that "immigration is critical to the success of the UK."<ref>{{Cite web|url=https://www.tenentrepreneurs.org/foreword-sukhpal-singh-ahluwalia|title=Foreword|website=The Entrepreneurs Network|language=en-US|access-date=2019-07-17}}</ref> He is married to Rani Ahluwalia and they have three sons who are also involved in the businesses.<ref>{{Cite web|title=Sukhpal Singh Ahluwalia — Official Biography|url=https://www.tenentrepreneurs.org/sukhpal-singh-ahluwalia-biography|access-date=2020-09-18|website=The Entrepreneurs Network|language=en-US}}</ref>


⚫ As of May 2018, Ahluwalia is the fourth richest refugee in the UK.<ref>{{Cite news|last=List|first=Robert Watts, Compiler of the Rich|date=2018-05-06|title=Penniless refugees flee war to land on Rich List with £6bn|language=en|work=The Sunday Times|url=https://www.thetimes.co.uk/article/sunday-times-rich-list-2018-penniless-refugees-flee-war-to-land-on-rich-list-with-6bn-fttwwcx8v|access-date=2018-05-21|issn=0956-1382}}</ref> According to The '']'' 2019, the Ahluwalia family have a net worth of £500 million.<ref>{{Cite news|last=Times|first=The Sunday|date=2019-05-12|title=Rich List 2019: profiles 251-298=|newspaper=]|language=en|url=https://www.thetimes.co.uk/article/sunday-times-rich-list-2019-profiles-251-298-lkqrqgnkb|access-date=2019-05-28|issn=0140-0460}}</ref>
Ahluwalia plans to move to India in the future.<ref name=":2" /> He is a supporter of the Migration Museum.<ref>{{Cite news|url=https://www.managementtoday.co.uk/industry-speak-immigration/any-other-business/article/1490422|title=Industry must speak up for immigration|access-date=2018-08-15}}</ref><ref>{{Cite news|url=https://www.migrationmuseum.org/distinguished-friends/sukhpal-singh-ahluwalia/|title=Sukhpal Singh Ahluwalia|access-date=2018-08-15}}</ref>


== References == == References ==
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Latest revision as of 02:58, 22 December 2024

British businessman
This article may have been created or edited in return for undisclosed payments, a violation of Misplaced Pages's terms of use. It may require cleanup to comply with Misplaced Pages's content policies, particularly neutral point of view. (January 2022)
Sukhpal Singh Ahluwalia
BornSukhpal Singh Ahluwalia
October 1958 (age 66)
Kampala, Uganda
NationalityBritish
Occupation(s)Businessman and Entrepreneur
Known forFounder of Euro Car Parts
Non-Executive Chairman of Dominvs Group
SpouseRani Ahluwalia
Children3

Sukhpal Singh Ahluwalia (born October 1958) is a British businessman and entrepreneur based in London.

He is the founder and Non-Executive Chairman of Dominvs Group, a real estate, hospitality and asset management company. Ahluwalia also is founder and former Executive Chairman of car parts distributor Euro Car Parts.

Early life

Born in Kampala, Uganda into a Sikh family, Ahluwalia’s parents emigrated 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 and Liverpool Street.

Career

Euro Car Parts

Further information: 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, Mercedes, Porsche 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 2019, the Ahluwalia family have a net worth of £500 million.

References

  1. "Sukhpal AHLUWALIA - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2018-03-02.
  2. "UK Indian billionaires". The Financial Express. Retrieved 2018-03-02.
  3. ^ Osborne, Alistair (2011-10-05). "Sukhpal Singh Ahluwalia sells Euro Car Parts for £225m after starting it with £5,000". The Telegraph. ISSN 0307-1235. Retrieved 2018-05-21.
  4. ^ Osborne, Alistair (2014-04-21). "Asian entrepreneur moves on from the Euro Car Parts group he founded". The Telegraph. ISSN 0307-1235. Retrieved 2018-03-02.
  5. ^ Kirby, Arthur. "How a refugee created 3,500 jobs in Britain". CNNMoney. Retrieved 2018-03-02.
  6. "Sukhpal Singh Ahluwalia sells Euro Car Parts for £225m after starting it with £5,000". The Telegraph. 5 October 2011. Retrieved 2020-09-18.
  7. "LKQ Corporation Appoints Sukhpal Singh Ahluwalia To Its Board Of Directors". investor.lkqcorp.com. Retrieved 2018-03-02.
  8. "Euro Car Parts sold to LKQ for £225m". Financial Times. 4 October 2011. Retrieved 2018-03-02.
  9. "LKQ Corporation Announces Director Resignation". investor.lkqcorp.com. Retrieved 2020-09-18.
  10. "Jobs axe hangs over car parts distributor as top team quits".
  11. "Sukhpal Singh Ahluwalia — Official Biography". The Entrepreneurs Network. Retrieved 2020-09-18.
  12. List, Robert Watts, Compiler of the Rich (2018-05-06). "Penniless refugees flee war to land on Rich List with £6bn". The Sunday Times. ISSN 0956-1382. Retrieved 2018-05-21.{{cite news}}: CS1 maint: multiple names: authors list (link)
  13. Times, The Sunday (2019-05-12). "Rich List 2019: profiles 251-298=". The Times. ISSN 0140-0460. Retrieved 2019-05-28.
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