Cleary Gull Inc. advises Royal Purple, Inc. in its sale to Calumet Specialty Products Partners, L.P.
Cleary Gull Inc. is pleased to announce the sale of Royal Purple, Inc. (“Royal Purple” or the “Company”) to Calumet Specialty Products Partners, L.P. (“Calumet”) for aggregate consideration of approximately $333 million. Cleary Gull initiated this transaction, assisted in the negotiations, and acted as exclusive financial advisor to Royal Purple.
Royal Purple is a manufacturer of high performance lubricants primarily for automotive, industrial, marine, motorcycle, and racing applications. The Company is located in Porter, Texas.
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