Huntsman Sells its Italian Based Automotive Aftermarket Business

Download as PDFJune 05, 2026 9:14am EDT

THE WOODLANDS, Texas, June 5, 2026 /PRNewswire/ — Huntsman Corporation (NYSE: HUN) announced today that it has sold Huntsman Gomet, a business located in Azeglio, Italy, to Trelleborg Group for €42.5 million (approximately $50 million), subject to customary post-closing adjustments. Gomet is a manufacturer of molded rubber and thermoplastic automotive aftermarket components, which was a business within Huntsman’s Polyurethanes division, and was acquired by Huntsman in 2014 as part of the Rockwood acquisition. In 2025, Gomet generated revenues of approximately €24 million. The proceeds from this transaction will be used to reduce outstanding borrowings.

Houlihan Lokey served as financial advisor and Freshfields LLP served as legal counsel to Huntsman Corporation.

https://www.huntsman.com/news/media-releases/detail/625/huntsman-sells-its-italian-based-automotive-aftermarket