By Olena Hrazhdan
Copyright kyivpost
Ukraine’s Supreme Court has upheld the decision by the Antimonopoly Committee of Ukraine (AMCU) allowing Irish construction giant CRH to acquire the Dyckerhoff group of companies in Ukraine.
Kyiv’s Commercial Court had previously overturned the AMCU’s September 2024 ruling that approved the acquisition by CRH Ukraine B.V. of the Dyckerhoff group of companies, formerly owned by Italy’s Buzzi.
The lawsuit was filed by the Kovalska Group, a major player in Ukraine’s concrete, building materials, and real estate sectors.
The Supreme Court dismissed Kovalska’s cassation appeal – the highest-level appeal available to review the legality of lower court rulings. Once the Supreme Court rules on such an appeal, the decision is final and cannot be challenged. The ruling was published online on Sept. 15, 2025.
Buzzi had announced in June 2023 that it planned to sell its Eastern European businesses to CRH. The deal included two integrated cement plants – one near Rivne in western Ukraine and another in Mykolaiv in the south – valued at €100 million ($112 million).
Following discussions on whether the acquisition would give CRH a dominant position in the Ukrainian market, the AMCU approved the deal in September 2024. Kovalska, however, argued the approval contained multiple violations, CEO Serhiy Pylypenko told Liga.net. The case moved from a trial court (which sided with Kovalska) to an appellate court (which rejected the claim), and finally to the Supreme Court.
CRH has operated in Ukraine since 1999. Its cement business has been run under the Cemark brand since November 2021, which includes Podilsky Cement JSC (Khmelnytskyi region), Cement LLC (Odesa), and Mykolaivcement PJSC (Lviv region), according to Interfax-Ukraine.
The company also produces concrete and reinforced concrete products in Ukraine. The PoliBeton Energo plant in Bila Tserkva manufactures power line supports, while the PoliBeton concrete plant in northern Odesa, acquired in 2020, produces construction materials.
Globally, CRH is a leading construction materials producer and the largest in North America and Europe, operating 3,200 facilities in 28 countries. Its American depositary shares are traded on the New York Stock Exchange.