Deal facts
- Buyer
- WANHUA
- Target
- PIC
- Deal value
- Not disclosed
- Announced
- 24 June 2025
- Status
- In review
- Sector
- Construction & Materials
- Country
- Not stated
- Consideration
- Not stated
Sources
WANHA has agreed to acquire PIC in a strategic acquisition announced on 24 June 2025. The target operates within the chemical manufacturing sector, classified under NaceV2Sector_C_20. The transaction value and specific consideration type were not disclosed in the available records. No information regarding the target country of operation was reported for this deal.
The acquisition is currently subject to regulatory review as the last recorded status remains in review. Completion of the transaction has not yet been confirmed. The parties are proceeding with the necessary approvals to finalise the agreement. This deal represents a significant expansion for the buyer within the industrial chemicals landscape. Further details on the financial terms will likely emerge once the regulatory process concludes.
Weekly digest
Join Exit Mode Insider
Ten deal briefs a week, founder commentary, and the patterns worth paying attention to.
Join Exit Mode Insider, £12/moDeal timeline
1 update- CMA invitation to comment
WANHUA to acquire PIC
WANHUA to acquire PIC
EU DG COMP
Explore
Browse adjacent archives
Jump from this deal into the sector, buyer, deal type, and year views that carry the strongest contextual signal.
Similar deals
Similar deals
Other Construction & Materials M&A activity tracked by Exit Mode.
Suncrete, Inc. to acquire Nelson Bros. Ready Mix, LLC
Suncrete, Inc. and Nelson Bros. Ready Mix, LLC entered the Exit Mode archive.
- Buyer
- Suncrete, Inc.
- Target
- Nelson Bros. Ready Mix, LLC
- Deal value
- USD 60,300,000
- Deal type
- strategic acquisition
Grafton Group plc to acquire Componentes Eléctricos Mercaluz, S.A., Mercaluz Hogar, S.L.U., EAS Electric Smart Technology, S.L.U. and Mercaluz Canarias, S.L.U.
Grafton Group plc and Componentes Eléctricos Mercaluz, S.A., Mercaluz Hogar, S.L.U., EAS Electric Smart Technology, S.L.U. and Mercaluz Canarias, S.L.U. entered the Exit Mode archive.
- Buyer
- Grafton Group plc
- Target
- Componentes Eléctricos Mercaluz, S.A., Mercaluz Hogar, S.L.U., EAS Electric Smart Technology, S.L.U. and Mercaluz Canarias, S.L.U.
- Deal value
- Not disclosed
- Deal type
- strategic acquisition
STRABAG UK Limited to acquire Van Elle Holdings Plc
STRABAG UK Limited and Van Elle Holdings Plc entered the Exit Mode archive.
- Buyer
- STRABAG UK Limited
- Target
- Van Elle Holdings Plc
- Deal value
- Not disclosed
- Deal type
- strategic acquisition
Suncrete, Inc. to acquire Hope Concrete, LLC
Suncrete, Inc. and Hope Concrete, LLC entered the Exit Mode archive.
- Buyer
- Suncrete, Inc.
- Target
- Hope Concrete, LLC
- Deal value
- USD 39,377,232.21
- Deal type
- strategic acquisition
Hill & Smith PLC to acquire Freeberg Industrial Fabrication Corp.
Hill & Smith PLC has agreed to acquire Freeberg Industrial Fabrication Corp. in a strategic acquisition within the infrastructure and construction sector. The transactio…
- Buyer
- Hill & Smith PLC
- Target
- Freeberg Industrial Fabrication Corp.
- Deal value
- Not disclosed
- Deal type
- strategic acquisition
Buyer history
WANHUA
See every published Exit Mode archive entry where this buyer appears.
View buyer profileMethodology
How this page is built
Layer 1 facts come from source documents, Layer 2 turns those facts into a readable narrative, and Layer 3 only appears where the editorial team flags a founder-relevant deal.
Back to the archive
