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Lubrication Engineers acquires Calumet's Royal Purple assets

PRIVATEApr 01, 2025

Acquiring Company

Lubrication Engineers

Acquired Company

Calumet

WichitaIndianapolisManufacturingOil And GasOil And Gas

Description

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.

Quick answer

Lubrication Engineers is acquiring Calumet, announced April 1, 2025. Lubrication Engineers is based in Wichita, Kansas, United States.

How much did Lubrication Engineers pay for Calumet?
The deal value was not disclosed.
What does Lubrication Engineers do?
Lubrication Engineers is a leader in lubricants since 1951, providing solutions for tough lubrication challenges to companies worldwide.
Where are Lubrication Engineers and Calumet based?
Lubrication Engineers is based in Wichita, Kansas, United States. Calumet is based in Indianapolis, Indiana, United States.
Who are the decision-makers at Lubrication Engineers?
Fundz holds 1 contact at Lubrication Engineers. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Lubrication Engineers

Location

Wichita, Kansas, United States

About

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.

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Frequently asked

Who acquired Calumet?

Calumet was acquired by Lubrication Engineers, based in Wichita. The deal was reported on April 1, 2025. Lubrication Engineers is a leader in lubricants since 1951, providing solutions for tough lubrication challenges to companies worldwide. Lubrication Engineers is privately held and operates in Manufacturing.

When did Lubrication Engineers acquire Calumet?

Lubrication Engineers's acquisition of Calumet was reported on April 1, 2025. 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. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Calumet do?

Calumet, Inc. (NASDAQ: CLMT) manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. It is publicly traded (CLMT), operating in Oil And Gas, and is based in Indianapolis.

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