By KYIV. Jan 23 (Interfax-Ukraine) – The Antimonopoly Committee of Ukraine (AMCU) has begun considering a case of concerted actions related to the implementation of non-competition provisions enshrined in the concentration agreement between the Irish group CRH and Dyckerhoff GmbH, which own assets in Ukraine.
According to the committee, the consideration of the case began in January of this year. At the same time, the committee continues to explore the possible impact of the concentration of these companies on the Ukrainian market.
As reported, in June 2023, the Italian cement manufacturer Buzzi, listed as an international war sponsor by the National Agency on Corruption Prevention (NACP), through its subsidiary Dyckerhoff GmbH, reached an agreement to sell part of its business in Eastern Europe to the Irish group CRH, including Ukrainian assets consisting of two cement factories. The deal is scheduled to close in 2024.
Later, in September 2023, the AMCU returned CRH’s application for concentration without consideration due to non-compliance with the requirements, and also said that the group occupies about a third of the Ukrainian cement market. In October of the same year, the committee again began considering the case.
