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News Antimonopoly Committee of Ukraine investigates CRH’s acquisition of Buzzi Unicem's local business

Antimonopoly Committee of Ukraine investigates CRH’s acquisition of Buzzi Unicem's local business

Written by Global Cement staff 24 January 2024
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Ukraine: The Antimonopoly Committee of Ukraine (AMCU) has launched an investigation into Ireland-based CRH's acquisition of certain Central-Eastern European assets of Italy-based Buzzi Unicem. The assets in question include two Ukrainian cement plants. The AMCU will assess the potential impacts of the consolidation on the cement market in Ukraine. The parties concluded the deal in June 2023, and expected to conclude it in September 2024. The AMCU first rejected CRH's application to it in September 2023, but subsequently agreed to reopen its examination of the deal in October 2023.

Published in Global Cement News
Tagged under
  • Ukraine
  • Antimonopoly Committee of Ukraine
  • Investigation
  • CRH
  • Acquisition
  • Buzzi
  • GCW643

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