AXEL Christiernsson has acquired the operating assets and the majority of other assets of Royal Mfg Co., LP. The business will now be carried forward to AXEL Royal LLC, a subsidiary of AXEL Americas LLC, building on the heritage of Royal Mfg Co., LP as a well-established supplier of lubricating greases and lubricants in the U.S. market and abroad. The Brownsville base oil terminal is not included in this transaction.
The AXEL Christiernsson Group has become one of the leading producers of lubricating greases in Europe, with state-of-the-art manufacturing facilities in Sweden, the Netherlands and France. AXEL Americas, LLC is also a significant player in the U.S. Through organic growth and acquisitions, the company is now the leading supplier of private label lubricating greases in the global business-to-business market.
AXEL works successfully with many of the leading lubricant companies around the world and has become the largest independent manufacturer of lubricating greases in the European market, with a noticeable position in the U.S.A. since 2011. By acquiring Royal, AXEL has created a step change for AXEL Americas, increasing its capacity and extending its reach in the U.S. market. Royal Mfg Co., LP has facilities in Tulsa, Okla., and Schertz, Texas. Since 1914, Royal and its predecessors have provided high-performance oils and greases to their clients. Bill Mallory of Royal has also successfully expanded by bringing Trocho and Wright into the same structure.
“I am pleased to see Royal becoming part of the AXEL Group and believe our companies will work very well together, building on the knowledge and skills that prevail on both sides. Royal and AXEL are both dedicated to high-quality products and customer service,” said Bill Mallory, president, Royal Mfg. Co LP.
“Our combined customer offering will increase significantly with the capabilities of three production sites and the talents of the larger workforce coming together. We will operate the AXEL Royal LLC to effectively bridge the transition in a transparent and structured manner. Bill Mallory will be assisting us for a period as consultant, while Jim Gott, Anoop Kumar and all others in the existing team will carry forward the employees of the new company,” said AXEL Americas President Tom Schroeder.
“We are excited to take this important step to grow our platform in the U.S.A. We look forward to this great opportunity and our commitment is to provide all our customers, existing and new, outstanding products and excellent services through our talented people,” said Johan Stureson, CEO, AXEL Christiernsson.