Euro Car Parts

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Euro Car Parts
Industry Automotive
Founded 1978
Founder Sukhpal Singh Ahluwalia
Headquarters Wembley, London, England
Products Car parts, car accessories, car maintenance, tools, paints, in-car technology, in-car entertainment
Revenue £988,215,000 (profits of £64,378,000) in 2016 £904,671,000 (profits of £70,706,000) in 2015 [1]
Number of employees
9,000 (2016)[1]
Website www.eurocarparts.com

Euro Car Parts is a distributor of car parts and accessories with over 200 locations across the UK and Ireland. The company was bought by LKQ Corporation in October 2011 for £255 million.

History[edit]

The company was founded when Sukhpal Singh Ahluwalia opened a motor parts shop in Willesden, North West London, in 1978. Euro Car Parts now have two hundred branches nationwide, having opened their 200th branch in Moss Lane, Manchester, United Kingdom, in December 2015.[2]

Euro Car Parts was first established to supply car parts for BMW, Mercedes-Benz, Porsche and Volkswagen models. Since 2016, Euro Car Parts have been supplying parts for all makes and models.

The company was sold to the LKQ Corporation of Chicago in October 2011, for a total of £255 million [3] and in April 2014, Mr Singh announced that he was to leave the company, in order to pursue other interests.[4] In November 2014, Mr Singh rejoined the company, being elected onto the Board of Directors.[5]

Operations, locations and stores[edit]

Euro Car Parts in Laisterdyke, Bradford.

The company is based in Dordon at Junction 10 off the M42 motorway, near Tamworth. Euro Car Parts now has 16 distribution centres around the United Kingdom, and has a bulk storage facility in Bonehill, Staffordshire.

There are further locations spread around the United Kingdom, including a 185,000 sq. ft warehouse specifically for collision repair parts in Swadlincote. In July 2010, Euro Car Parts were contracted to supply components and consumables to the RAC's fleet of roadside patrol vehicles.[6]

Expansion[edit]

In April 2013, LKQ Euro purchased Sator Holdings.[7]

In December 2015, LKQ Euro purchased Rhiag-Inter Auto Parts Italia S.p.A.[8]

In February 2016, IM Properties completed a 778,000 sq. ft warehouse for Euro Car Parts, to use as their national distribution centre in Tamworth, Staffordshire.[9] The new building spans more than one million sq. ft including mezzanine areas, making it one of the largest distribution centres in the West Midlands.

On 2 August 2016, Euro Car Parts purchased the Arleigh Group, a specialist supplier to the leisure industry.[10]

In October 2016, Euro Car Parts purchased Andrew Page out of administration but the CMA launched a hold separate order whilst an investigation into the purchase was undertaken. On 8 December 2017, the CMA gave notice of the proposal to accept final undertakings.[11]

On 5 January 2017, Euro Car Parts opened their first branch in the Republic of Ireland. This was then followed by the purchase of PR Riley on 3 April and they now have 14 branches open in the ROI following the launch of the Roscommon store on 27 November 2017.

In December 2017, LKQ Euro purchased Stahlgruber.[12]

References[edit]