Sukhpal Ahluwalia, founder of Euro Car Parts, has been appointed as the executive chairman of GSF Car Parts following its sale to UK-based private equity firm Epiris. Ahluwalia, who co-invested in GSF through the Ahluwalia Family Office, returns to the aftermarket industry after the sale of Euro Car Parts to LKQ in 2011.
Former colleague Steve Horne has been named the chief executive officer of GSF Car Parts.
The move follows LKQ Corporation’s takeover of Uni-Select, GSF Car Parts’ former owner, in a deal valued at approximately $2.1 billion.