In reviewConstruction & Materials24 June 2025

WANHUA to acquire PIC

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

WANHUA acquires PIC

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

What we know

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/mo

Deal timeline

1 update
  1. 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.

1 May 2026CompletedConstruction & Materials

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

Buyer history

WANHUA

See every published Exit Mode archive entry where this buyer appears.

View buyer profile

Methodology

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