Lubrication Engineers to Acquire Industrial Brands & Products of Royal Purple
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Lubrication Engineers, Inc. is set to acquire the industrial brands and products of Royal Purple, a provider of specialty synthetic lubricants. This acquisition could impact Calumet Specialty Products Partners, L.P. (CLMT), which owns Royal Purple.
February 28, 2025 | 12:30 pm
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NEUTRAL IMPACT
Calumet Specialty Products Partners, L.P. (CLMT) may experience a short-term impact due to the sale of Royal Purple's industrial brands and products to Lubrication Engineers. This could affect CLMT's revenue and market position.
The acquisition of Royal Purple's industrial brands by Lubrication Engineers could affect CLMT, as Royal Purple is a part of its portfolio. The impact on CLMT's stock price will depend on how the market perceives the strategic value of this divestiture.
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