Lubrication Engineers acquires Calumet's Royal Purple assets
04/01/25, 12:18 PM
Location
wichitaindianapolisIndustry
manufacturing
oil and gas
Calumet, Inc. has completed the sale of its Royal Purple industrial assets to Lubrication Engineers, Inc. for $110 million in cash. The sold assets encompass a variety of high-performance synthetic industrial lubricants. Calumet intends to utilize the proceeds primarily to reduce its debt.
Company Info
Location
Wichita, Kansas, United States
Company info
Lubrication Engineers is a leader in lubricants since 1951, providing solutions for tough lubrication challenges to companies worldwide. The company offers reliability products, technical expertise, and a full line of enhanced lubricants, aiming to protect customers' profits through longer equipment life, extended service intervals, reduced energy use, fewer repairs, and less inventory.