Dublin-headquartered building materials group CRH has submitted an application to Ukraine's Antimonopoly Committee (AMCU) to acquire two former Aeroc aerated concrete plants from BGV Group's subsidiary Trident Geoinvest Ukraine LLC, as reported by UBN. The application, submitted on 27 May 2026, also seeks approval for a corporate agreement between BGV Group Limited, Mykolaivcement PrJSC and Trident Geoinvest Ukraine LLC. The transaction remains subject to regulatory approval.

The two production facilities are located in Obukhiv and Berezan in Kyiv Region. Originally operating as Aeroc, Ukraine's largest aerated concrete producer prior to 2022, the plants were confiscated by the Ukrainian state in June 2023 as sanctioned Russian assets following the full-scale invasion and transferred to the State Property Fund of Ukraine. In December 2024, the State Property Fund sold the enterprises at open privatisation auction to Trident Geoinvest Ukraine LLC, part of BGV Group. After the change of ownership, the plants were modernised and resumed production in June 2025 under the new Poriston brand, retaining their specialisation in aerated concrete blocks.

If approved, the acquisition would give CRH control over one of Ukraine's largest aerated concrete producers, complementing its existing cement operations in the country and enabling the group to offer a broader portfolio of building materials in anticipation of rising demand during Ukraine's reconstruction.

CRH has operated in Ukraine since 1999 and has continued to invest throughout the period of the full-scale war. The group has committed approximately €180 million in Ukrainian projects since the invasion, including a €34 million modern cement terminal in Kyiv Region. Its Ukrainian cement business operates under the Cemark brand and includes Podilsky Cement in Khmelnytskyi Region, Cement LLC in Odesa, and Mykolaivcement in Lviv Region, making CRH the largest cement producer in Ukraine following its 2024 acquisition of Dyckerhoff Cement Ukraine from Italy's Buzzi for €100 million.

Aerated concrete blocks are a widely used walling material in residential and commercial construction across Central and Eastern Europe, valued for their thermal insulation properties and relatively low weight. Demand for the product is expected to rise significantly as Ukraine's reconstruction programme scales in the coming years.

CRH is the largest building materials producer in North America and Europe, operating approximately 3,200 facilities across 28 countries and listed on the New York Stock Exchange.