Huntsman sells thermoplastic automotive components business to Trelleborg Group
Last update on Jun 9, 2026
Huntsman Corporation announced 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.
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Generated €24 million revenue in 2025
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. According to the company, Gomet generated revenues of approximately €24 million in 2025. 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.