Huntsman Sells Gomet Business in Italy for €42.5M
Huntsman announced that it has sold Huntsman Gomet, a business located in Azeglio, Italy, to Trelleborg Group for approximately EUR42.5M, 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 EUR24M. The proceeds from this transaction will be used to reduce outstanding borrowings.