northernlad
Active Member
- Joined
- Sep 14, 2004
- Messages
- 60
- Location
- Yorkshire
- Car
- Mercedes e220 cabriolet , Vario 814, Sprinter 311,
Sukhpal Singh Ahluwalia, who is the MD of Euro Car Parts has today left with immediate effect. Sukhpal is the typical Asian rags to riches story - came to the UK at the age of 13 as a refugee, in 1978 he started off in a cornershop selling autoparts. Built the business to a £248 Million turnover and sold out in 2011. As part of the sell out deal the new owners offered him a further £50 million to take the business to a new level, which it has struggled to do. Sukhpal is listed as the 277th richest person in the UK with a personal fortune of over £300 Million.
Euro Car Parts will not be the same without him, he was a sharp yet predatory businessman. He has topped out at a respectable 133 Branches, and a lot of consumers have benefited from low Euro Car Part prices.
Very much doubt the existing management will be able to negotiate deals like Sukhpal - watch this space ....
Euro Car Parts will not be the same without him, he was a sharp yet predatory businessman. He has topped out at a respectable 133 Branches, and a lot of consumers have benefited from low Euro Car Part prices.
Very much doubt the existing management will be able to negotiate deals like Sukhpal - watch this space ....