European firm buys Royal Manufacturing

TULSA — European lubricant manufacturer AXEL Christiernsson has acquired the operating assets and the majority of other assets of Tulsa-based Royal Manufacturing Co. LP.

The business will be carried forward as AXEL Royal LLC, a subsidiary of AXEL Americas LLC.

Since 1914, Royal, which also has a plant in Schertz, Texas, and its predecessors have provided oils and greases. Bill Mallory, president of Royal, has also brought Troco and Wright into the same structure.

Royal’s bulk storage facility in Brownsville, Texas, is not included in this transaction.

The AXEL Christiernsson Group has expanded to become one of the leading producers and suppliers of lubricating greases in Europe, with manufacturing facilities in Sweden, the Netherlands and France, while AXEL Americas is a significant player in the U.S.

“I am pleased to see Royal becoming a 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,” Mallory said Tuesday in a statement.

Johan Stureson is CEO of AXEL Christiernsson.

“We are excited to take this important step to grow our platform in USA,” he said in a statement. “We look forward to this great opportunity, and our commitment is to offer all our customers, existing and new, remarkable products and excellent services through our talented people.”