Lubrication Engineers, a portfolio company of Aurora Capital, has agreed to acquire the industrial brands and products of Royal Purple (RPI) from Calumet for $110 million.
RPI's industrial brands and products include synthetic lubricants, greases, and fluids, with revenues of $29 million in 2024.
Lubrication Engineers will be the exclusive manufacturer and seller of Royal Purple-branded industrial products, while Calumet will retain ownership of consumer products and its manufacturing facility.
Aurora Capital's first add-on acquisition under its ownership of Lubrication Engineers, expanding their strategy of developing ultra-premium industrial lubricants.