CRH is in a legal battle with Ukrainian building materials group Kovalska over the purchase of Dyckerhoff, a cement plant owner, which Kovalska claims will create a duopoly in Ukraine's cement market. CRH's Legal Battle with Ukrainian Building Materials Group Kovalska Over the Purchase of DyckerhoffCRH, the global building materials giant, is embroiled in a legal dispute with Ukrainian building materials group Kovalska over the purchase of Dyckerhoff, a cement plant owner. This sparked legal challenges by Kovalska, who argued that the deal would harm competition in the market for a vital building material. The company argues that the acquisition gives CRH 46% of Ukraine's cement market on average and up to 99% in some regions, which it claims threatens competition. However, even before the conflict, Ukraine could only produce 11 million tonnes of cement [1].Investment ImplicationsThe legal battle could have significant implications for CRH's operations in Ukraine and its overall investment strategy.
