Huntsman Sells its Italian Based Automotive Aftermarket Business
Huntsman Corporation sold its Italian automotive aftermarket business, Huntsman Gomet, to Trelleborg Group for €42.5 million (approximately $50 million). Gomet, a manufacturer of molded rubber and thermoplastic components, generated approximately €24 million in revenue in 2025. It was originally acquired by Huntsman in 2014 as part of the Rockwood acquisition. The company stated that proceeds from the transaction will be used to reduce outstanding borrowings.
Key figures
- Deal Value Usd
- 50000000
- Deal Value Eur
- 42500000
- Target Revenue
- 24000000
- Filer Annual Revenue
- 6000000000
- Target Revenue Currency
- EUR
AI analysis
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