GSF Car Parts, a motor factor operating 180 branches across the UK and Ireland, has announced leadership changes with the appointment of Sukhpal Ahluwalia as executive chairman and Steve Horne as CEO.
Ahluwalia is no stranger to the car parts market. In 1978, he founded Euro Car Parts (ECP) and transformed it from a single car accessories store in London into the UK’s largest car parts distributor and retailer, boasting 260 branches and annual sales exceeding £1.2 billion ($1.46 billion).
Ahluwalia commented on his new role, emphasizing the importance of relationships in GSF Car Parts’ success and his intent to fortify those connections. Horne expressed a vision to focus on growth with an emphasis on customers, suppliers and team members.
In addition to these appointments, the Ahluwalia Family Office co-invested in GSF Car Parts alongside the private equity firm, Epiris.
Both Ahluwalia and Horne have previously collaborated at Euro Car Parts. Their combined vision for GSF Car Parts includes expanding the number of branches, enhancing the in-store experience, bolstering their online presence, investing in catalog and IT advancements and updating their delivery fleet. Furthermore, the company aims to position itself as a leader in sustainability by expanding its product range for electric vehicles and investing in technologies that reduce its carbon footprint.
