Calumet announces sale of assets related to industrial portion of its royal purple® business

Indianapolis , feb. 28, 2025 /prnewswire/ -- calumet, inc. (nasdaq: clmt) (the "company," "calumet," "we," "our" or "us") announced it has entered into a definitive agreement with a wholly owned subsidiary of lubrication engineers, inc., a portfolio company of aurora capital partners, to sell assets related to the industrial portion of its royal purple® business, for $110 million.  calumet will retain, and continue to grow, the consumer portion of the royal purple business and the royal purple production facility in porter, tx.
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