News Image

Lubrication Engineers to Acquire Industrial Brands & Products of Royal Purple

Provided By PR Newswire

Last update: Feb 28, 2025

WICHITA, Kas., Feb. 28, 2025 /PRNewswire/ -- Lubrication Engineers, Inc. ("LE"), a leading developer and manufacturer of high-performance industrial lubricants and asset reliability solutions, today announced that it has entered into a definitive agreement to acquire the industrial brands and products of Royal Purple ("RPI"), a leading provider of specialty synthetic performance lubricants and greases for diversified industrial applications. Upon completion of the transaction, LE will become the exclusive manufacturer and seller of Royal Purple®-branded industrial products, while Calumet, Inc. ("Calumet") (NASDAQ: CLMT) will retain ownership of the consumer portion of Royal Purple and all related manufacturing assets.

Read more at prnewswire.com

CALUMET INC

NASDAQ:CLMT (12/19/2025, 8:00:00 PM)

After market: 20.26 0 (0%)

20.26

+0.75 (+3.84%)



Find more stocks in the Stock Screener

Follow ChartMill for more