Huntsman Divests its Italian Based Automotive Aftermarket Business

Published : June 29, 2026

Huntsman Corporation has sold Huntsman Gomet, a business located in Azeglio, Italy, to Trelleborg Group for EUR42.5 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 EUR24 million. The proceeds from this transaction will be used to reduce outstanding borrowings.

To identify growth opportunities in Automotive Aftermarket Brake Friction Part Market Report: Trends, Forecast and Competitive Analysis to 2030, please visit https://www.lucintel.com/automotive-aftermarket-brake-friction-part-market.aspx

Share

← Back to Lucintel Composites Market Insights, June 29, 2026