Sukhpal Singh Ahluwalia is the founder and Chairman of Dominvs Group, a family-owned private equity and real estate business.
Founded in 2011, Dominvs Group is a fast-growing family business with divisions specialising in hospitality, residential property, commercial property, aviation, private equity and wealth management. It has more than £1 billion of assets under management, over 12 under ownership, and over 3,000 hotel rooms under development.
He is also the founder and former Chairman of Euro Car Parts, one of the largest distributors of car and light commercial vehicle parts in Europe, which he established in 1978. Starting out with a single local motor accessories shop in Willesden, London, Mr. Ahluwalia successfully grew the company to a multi-million pound business with over 12,000 employees and 300 branches across the UK. Mr. Ahluwalia sold the company to LKQ Corporation in 2011 and continued to sit on the company's board as its Executive Chairman until December 2018.
Mr. Ahluwalia is also the founder and significant shareholder of VAR Capital, an independent wealth management firm based in London. In 2018, VAR Capital was the winner of Euromoney’s Best Family Office award.
In 2019, Mr. Ahluwalia launched the Ahluwalia Family Foundation to support causes and projects in the UK and India, with a special focus on children and women's rights, homelessness, immigration, and entrepreneurship causes.
Born in Uganda, Mr. Ahluwalia spent time in a British refugee camp in 1972 after his family fled the regime of Idi Amin. Mr. Ahluwalia invests in companies in India and maintains strong links to the country, travelling back regularly and hopes to return permanently one day.