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PR Newswire·

Huntsman Sells its Italian Based Automotive Aftermarket Business

  • Huntsman Corporation sold its Gomet business in Azeglio, Italy to Trelleborg Group for €42.5 million (approx. $50 million).
  • Gomet manufactures molded rubber & thermoplastic automotive aftermarket components within the Polyurethanes division.
  • The Gomet unit was acquired by Huntsman in 2014 via the Rockwood acquisition & generated approx. €24 million in revenue in 2025.
  • Proceeds from the sale will be used to reduce outstanding borrowings.
  • Houlihan Lokey served as financial advisor & Freshfields LLP acted as legal counsel for the transaction.