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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" /> 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" />

In 2019, Dominvs acquired Arbor City Hotel in London.<ref>{{Cite web|url=https://www.dominvsgroup.com/single-post/2019/02/13/Dominvs-Group-acquires-Arbor-City-Hotel|title=Dominvs Group acquires Arbor City Hotel {{!}} Dominvs Group {{!}} Real Estate & Private Equity|website=Dominvs Group {{!}} Real Estate &amp; Private Equity|language=en|access-date=2019-07-19}}</ref> The group is constructing a new 150,000-sq-ft hotel on the site of the former Dutch Embassy in ], London, and has acquired Citicape House in ], London.<ref>{{Cite web|url=https://www.propertyweek.com/news/dominvs-buys-embassy-site/5103275.article|title=Dominvs buys embassy site|last=Midolo2019-06-27T23:00:00|first=Emanuele|website=Property Week|language=en|access-date=2019-07-19}}</ref><ref>{{Cite web|url=https://www.caterlyst.com/caterlyst3/insight/Insight.aspx?n=23431|website=www.caterlyst.com|access-date=2019-07-19}}</ref>


== Personal life == == Personal life ==

Revision as of 17:12, 19 July 2019

Sukhpal Singh Ahluwalia
BornOctober 1958 (age 66)
Uganda
NationalityBritish Indian
OccupationBusinessman
Known forFounder of Euro Car Parts Chairman of Dominvs Group
SpouseRani Ahluwalia
Children3

Sukhpal Singh Ahluwalia (born October 1958) is a London-based Indian businessman. He is founder and previously Executive Chairman of car parts distributor Euro Car Parts. Ahluwalia is also founder and Chairman of Dominvs Group, a property-focused asset management company.

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.

Early life

Born in Uganda, Ahluwalia’s parents emigrated to the UK when Ahluwalia was 13 years old to escape persecution under Idi Amin in 1972. 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

Ahluwalia founded Euro Car Parts in 1978 after borrowing £5,000 from his father and Barclays bank 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 the leading suppliers 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.

As of 2018, Euro Car Parts company has more than 300 branches across the UK and employs more than 10,000 people.

Dominvs Group

In 2011, Ahluwalia founded property company Dominvs Group. The Group manages a portfolio exceeding £700 million.

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.

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.

In 2016, Ahluwalia invested in e-waste processing company EcoCentric Management based in Mumbai, India. In 2017, Ahluwalia invested in truck and trailer part distributor Digraph Transport Supplies.

In 2019, Dominvs acquired Arbor City Hotel in London. The group is constructing a new 150,000-sq-ft hotel on the site of the former Dutch Embassy in Battersea, London, and has acquired Citicape House in Holborn, London.

Personal life

Ahluwalia lives in Hampstead, London. He is married to Rani Ahluwalia and they have three sons who are also involved in the businesses. The family has supported projects to help the homeless in London and provide education to children in India. In 2019, the Ahluwalia family supported the publication of a report into migrant entrepreneurship in the UK, which called for immigration and visa reform. Ahluwalia has said that "immigration is critical to the success of the UK."

Ahluwalia plans to move to India in the future. He is a supporter of the Migration Museum.

References

  1. "Sukhpal AHLUWALIA - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2018-03-02.
  2. "Sukhpal Singh Ahluwalia's official profile on The Marque".
  3. https://news.sky.com/story/jobs-axe-hangs-over-car-parts-distributor-as-top-team-quits-11592771
  4. ^ "Our Founder - My Story". corporate.eurocarparts.com. Retrieved 2018-03-02.
  5. ^ 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.
  6. "UK Indian billionaires". The Financial Express. Retrieved 2018-03-02.
  7. 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)
  8. Times, The Sunday (2019-05-12). "Rich List 2019: profiles 251-298=". ISSN 0140-0460. Retrieved 2019-05-28.
  9. ^ 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.
  10. ^ Kirby, Arthur. "How a refugee created 3,500 jobs in Britain". CNNMoney. Retrieved 2018-03-02.
  11. "Euro Car Parts Heritage | Quality Car Parts| 200+ Branches Nationwide". corporate.eurocarparts.com. Retrieved 2018-03-02.
  12. "About Euro Car Parts | High Quality Car Parts | 200+ Branches Nationwide". corporate.eurocarparts.com. Retrieved 2018-03-02.
  13. "LKQ Corporation Appoints Sukhpal Singh Ahluwalia To Its Board Of Directors". investor.lkqcorp.com. Retrieved 2018-03-02.
  14. "Euro Car Parts sold to LKQ for £225m". Financial Times. Retrieved 2018-03-02.
  15. https://news.sky.com/story/jobs-axe-hangs-over-car-parts-distributor-as-top-team-quits-11592771
  16. "Euro Car Parts Facts". corporate.eurocarparts.com. Retrieved 2018-03-02.
  17. "Dominvs Group | Real Estate & Private Equity". Dominvs Group | Real Estate & Private Equity. Retrieved 2018-03-02.
  18. "Sukhpal Singh Ahluwalia: Man of many parts EGi". EGi. Retrieved 2018-05-21.
  19. "Dominvs sells Holiday Inn Manchester City Centre". The Caterer. Retrieved 2018-03-02.
  20. "Property firm Dominvs in £30m Aberdeen hotel plan". The Scotsman. Retrieved 2018-05-21.
  21. "Dominvs Group to develop Courtyard by Marriott in Oxford". The Caterer. Retrieved 2018-03-02.
  22. Ltd, Insider Media. "Dominvs buys Bath property". Insider Media Ltd. Retrieved 2018-03-02.
  23. "Holiday Inn Express opens Aberdeen airport hotel - Business Traveller – The leading magazine for frequent flyers". Business Traveller – The leading magazine for frequent flyers. 2015-05-08. Retrieved 2018-03-02.
  24. "Dixon hotel to open next year". The Caterer. Retrieved 2018-03-02.
  25. ^ "Dominvs Group | Real Estate & Private Equity". Dominvs Group | Real Estate & Private Equity. Retrieved 2018-03-02.
  26. "Dominvs Group acquires Arbor City Hotel | Dominvs Group | Real Estate & Private Equity". Dominvs Group | Real Estate & Private Equity. Retrieved 2019-07-19.
  27. Midolo2019-06-27T23:00:00, Emanuele. "Dominvs buys embassy site". Property Week. Retrieved 2019-07-19.{{cite web}}: CS1 maint: numeric names: authors list (link)
  28. www.caterlyst.com https://www.caterlyst.com/caterlyst3/insight/Insight.aspx?n=23431. Retrieved 2019-07-19. {{cite web}}: Missing or empty |title= (help)
  29. "Biography". The Entrepreneurs Network. Retrieved 2019-07-17.
  30. "Foreword". The Entrepreneurs Network. Retrieved 2019-07-17.
  31. "Industry must speak up for immigration". Retrieved 2018-08-15.
  32. "Sukhpal Singh Ahluwalia". Retrieved 2018-08-15.
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