ECP PARENT WELCOMES SUKHPAL SINGH AHLUWALIA BACK ON TO BOARD OF DIRECTORS

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Euro Car Parts parent, LKQ Corporation has announced that it has reinstated Sukhpal Singh Ahluwalia to its board of directors.

Joseph M. Holsten, Chairman of LKQ Corporation stated, “I am pleased to welcome Sukhpal back to LKQ. His entrepreneurial dynamism, deep understanding of the European aftermarket auto parts industry and extensive contacts will benefit LKQ’s European segment.”

Sukhpal Singh Ahluwalia is a man who needs no introduction in the UK aftermarket. He is the founder and former Managing Director of Euro Car Parts Ltd (ECP).

LKQ acquired ECP in October 2011 and, under Mr. Ahluwalia’s leadership and the support of LKQ, ECP continued its rapid growth. Mr. Ahluwalia resigned from LKQ earlier this year to focus on his private commercial interests including investments in the hospitality and commercial property sectors. In addition to joining the Board of Directors of LKQ Corporation, Mr. Ahluwalia will also serve as Chairman of LKQ’s operations in the United Kingdom.

Mr. Ahluwalia said, “I am both delighted and honored to accept the invitation to be a member of the LKQ Board and to re-join my many friends and colleagues at LKQ on both sides of the Atlantic. There are many opportunities in our marketplaces, and LKQ is well-positioned to continue its growth in Europe. I look forward to playing a role in this growth.”

In the November issue of CAT, we reported on a plan by a number of former ECP men, including Sukhpal Singh Ahluwalia, Sukhbir Singh Kapoor as well as ex-Unipart Automotive CEO Mark Dixon to launch a new parts distribution venture to be called APX. We’ll bring you more news on this as we get it.

 

Source:

http://www.catmag.co.uk/ecp-parent-re-appoints-sukhpal-singh-ahluwalia-to-board-of-directors

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