What was the sale price and buyer of Huntsman's Italian automotive aftermarket business, and how does this transaction align with Huntsman's strategic goals?

Huntsman Corporation sold its Italy-based automotive aftermarket components business, Huntsman Gomet, to Sweden's Trelleborg Group for €42.5 million; this divestiture is part of Huntsman’s ongoing portfolio optimization initiative to concentrate on core chemical manufacturing, and the proceeds are designated for debt reduction.

What were the key operational and historical details of Huntsman Gomet prior to the sale?

Huntsman Gomet, which generated €24 million in revenue in 2025, manufactured molded rubber and thermoplastic components for the automotive aftermarket; it became part of Huntsman in 2014 through the acquisition of Rockwood Holdings.

Huntsman Completes Sale of Italian Automotive Aftermarket Business to Trelleborg Group

Jun 5, 2026

Huntsman Corporation completed the sale of its Italian automotive aftermarket business, Huntsman Gomet, to Trelleborg Group for €42.5 million. This divestment aligns with Huntsman's strategy to focus on core chemical manufacturing and reduce debt.

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