Lubrication Engineers to Acquire Industrial Brands & Products of Royal Purple

Core Viewpoint - Lubrication Engineers, Inc. has announced a definitive agreement to acquire the industrial brands and products of Royal Purple, enhancing its portfolio in high-performance industrial lubricants and asset reliability solutions [1][3]. Company Overview - Lubrication Engineers, Inc. (LE) is a leader in the development, manufacturing, and sale of premium industrial greases, gear oils, and lubricants, servicing customers in over 60 countries from its 150,000 sq. ft. manufacturing facility in Wichita, Kansas [5]. - Royal Purple (RPI) specializes in premium synthetic performance fluids, lubricants, and greases, designed for various industrial applications, including gear oils and hydraulic lubricants [2]. Strategic Fit - The acquisition of RPI aligns with LE's core strategy of developing ultra-premium, maintenance, repair, and operations (MRO)-oriented industrial lubricants and asset reliability solutions [4]. - LE aims to leverage RPI's research and development, sales, and marketing teams to enhance product offerings and customer service [3][4]. Transaction Details - The transaction is expected to close in the first half of 2025, pending customary closing conditions [4]. - Calumet, Inc. will retain ownership of the consumer segment of Royal Purple and related manufacturing assets [1].