Huntsman sells Italian automotive aftermarket unit to Trelleborg
Key highlights
- Sale price €42.5 million (approx. $50 million) to Trelleborg Group.
- Gomet manufactures molded rubber and thermoplastic automotive aftermarket components.
- Gomet generated approximately €24 million of revenue in 2025 and was acquired by Huntsman in 2014 as part of the Rockwood deal.
- Proceeds will be used to reduce Huntsman's outstanding borrowings; transaction subject to customary post-closing adjustments.
Transaction
Huntsman sold Huntsman Gomet, located in Azeglio, Italy, to Trelleborg Group for €42.5 million (approximately $50 million), subject to customary post-closing adjustments.
Business profile
Gomet is a manufacturer of molded rubber and thermoplastic automotive aftermarket components. The business was acquired by Huntsman in 2014 as part of the Rockwood acquisition and generated approximately €24 million of revenue in 2025.
Advisors and use of proceeds
Houlihan Lokey served as financial advisor and Freshfields LLP served as legal counsel to Huntsman. The proceeds from the transaction will be used to reduce outstanding borrowings.
Source: Huntsman
