Lubrication Engineers to acquire Royal Purple’s industrial brands and products
Published by Oliver Kleinschmidt,
Assistant Editor
Hydrocarbon Engineering,
Lubrication Engineers, Inc. (LE), a developer and manufacturer of high-performance industrial lubricants and asset reliability solutions, has announced that it has entered into a definitive agreement to acquire the industrial brands and products of Royal Purple (RPI), a 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) will retain ownership of the consumer portion of Royal Purple and all related manufacturing assets.
RPI is a designer and manufacturer of premium synthetic performance fluids, lubricants, and greases for diversified industrial applications. RPI's robust portfolio of highly engineered products – which include gear oils, bio-environmental lubricants, industrial engine oils, hydraulic lubricants, and compressor oils – are specially designed to improve performance, reduce total cost of ownership, and elongate the useful lives of mission-critical assets. Customers across industries such as manufacturing, power generation, petrochemicals, energy, and marine rely on RPI's proprietary formulations and technical expertise to solve important asset reliability challenges. RPI's products are sold to end users and through a robust network of specialty distribution partners.
"We are thrilled to add the Royal Purple® brand of premium synthetic industrial solutions to LE's product portfolio," said Eric Borland, CEO of LE. "Together with RPI's R&D, sales, and marketing teams, we are committed to partnering with RPI's existing end users, distribution partners, and suppliers to ensure the continued delivery of high-quality products and services to the marketplace. We look forward to leveraging LE's technical expertise to develop exciting new products and service offerings for all current and prospective new customers, including those under RPI's BioMax™ brand of environmentally acceptable lubricants."
This is LE's first acquisition since partnering with Aurora Capital Partners in September 2023.
"RPI is a terrific fit with LE's core strategy of developing, manufacturing, and marketing ultra-premium, MRO-oriented, industrial lubricants and related asset reliability solutions," added Randy Moser, Partner at Aurora. "We appreciate Calumet's impressive stewardship of the Royal Purple® brand over the past decade, and we are excited to invest further behind LE and RPI's joint product development, customer service, and manufacturing capabilities."
The transaction is expected to close in the 1H25 subject to customary closing conditions.
Read the article online at: https://www.hydrocarbonengineering.com/product-news/03032025/lubrication-engineers-to-acquire-royal-purples-industrial-brands-and-products/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Woodside signs gas supply agreement for Louisiana LNG
Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project.
