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

Indianapolis , april 1, 2025 /prnewswire/ -- calumet, inc. (nasdaq: clmt) (the "company," "calumet," "we," "our" or "us") has successfully closed its previously announced sale of assets related to the industrial portion of its royal purple® business, for $110 million in cash to a wholly owned subsidiary of lubrication engineers, inc., a portfolio company of aurora capital partners.  the assets sold related to royal purple's high performance synthetic industrial product line including industrial gear lubricants, bio-environmental lubricants, stationary natural gas engine oils, hydraulic lubricants, and compressor oils, along with an exclusive license of the brand for industrial applications.
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