WICHITA, Kas., Feb. 28, 2025 /PRNewswire/ — Lubrication Engineers, Inc. (“LE”), a chief developer and producer of high-performance business lubricants and asset reliability answers, nowadays introduced that it has entered right into a definitive promise to obtain the economic manufacturers and merchandise of Royal Crimson (“RPI”), a chief supplier of forte artificial functionality lubricants and greases for varied business programs. Upon crowning glory of the transaction, LE will turn into the unique producer and vendor of Royal Crimson®-branded business merchandise, age Calumet, Inc. (“Calumet”) (NASDAQ: CLMT) will secure possession of the patron portion of Royal Crimson and all indistinguishable production belongings.
RPI is a chief fashion designer and producer of top rate artificial functionality fluids, lubricants, and greases for varied business programs. RPI’s powerful portfolio of extremely engineered merchandise – which come with tools oils, bio-environmental lubricants, business engine oils, hydraulic lubricants and compressor oils – are specifically designed to fortify functionality, shed general value of possession, and elongate the helpful lives of mission-critical belongings. Shoppers throughout industries reminiscent of production, energy month, petrochemicals, power, and marine depend on RPI’s proprietary formulations and technical experience to unravel their maximum notable asset reliability demanding situations. RPI’s merchandise are offered to finish customers and thru a powerful community of forte distribution companions.
“We are thrilled to add the highly regarded Royal Purple® brand of premium synthetic industrial solutions to LE’s product portfolio,” stated 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.”
That is LE’s first acquisition since partnering with Aurora Capital Companions 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,” stated Randy Moser, Spouse 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 predicted to similar within the first part of 2025 matter to commonplace latter statuses.
About Lubrication Engineers
A pacesetter in lubricants since 1951, Lubrication Engineers develops, manufactures, and sells top rate business greases, tools oils, lubricants, and indistinguishable asset reliability merchandise. LE’s extremely engineered merchandise immediately decrease its shoppers’ general value of possession via decreased power intake, decreased upkeep, and advanced apparatus longevity. LE products and services shoppers in additional than 60 international locations from its flagship 150,000 sq. feet. production plant in Wichita, KS. For more info about LE, discuss with: www.lelubricants.com.
About Aurora Capital Companions
Aurora Capital Companions is a chief Los Angeles-based non-public fairness company with $6 billion in belongings underneath control. Based in 1991, the company invests in middle-market firms with chief marketplace positions, solid trade dynamics, horny trade style traits and actionable alternatives for expansion in partnership with control. For more info about Aurora Capital Companions, discuss with: www.auroracap.com.
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Lubrication Engineers
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SOURCE Lubrication Engineers, Inc.
