Coface Finalizes Acquisition of Cedar Rose Group
Deal News | Jul 02, 2025 | Globenewswire
Coface, a global leader in trade credit risk management, has finalized its acquisition of Cedar Rose Group, a prominent provider of business information solutions in the Middle East and Africa. This strategic acquisition aligns with Coface's strategic plan 'Power the Core,' focusing on enhancing data excellence. Cedar Rose will now serve as Coface's information provider in the region, benefiting Coface's credit insurance and Information Services by offering enhanced data quality. With over 25 years of expertise, Cedar Rose's strong regional business network and data production capabilities were key attraction points for Coface, which aims to reinforce its presence in areas where information is typically difficult to access.
Sectors
- Information Services
- Trade Credit Insurance
Geography
- Middle East – Cedar Rose Group is recognized as a leading information solution provider in this region, making the geography critical to the context of the acquisition.
- France – Coface is headquartered in Paris, France, and operates as a global leader, with this acquisition furthering their international reach.
Industry
- Information Services – Cedar Rose Group specializes in providing business information solutions, indicating its core involvement in the information services industry, particularly in the Middle East and Africa.
- Trade Credit Insurance – Coface is a global leader in trade credit risk management, delivering a variety of solutions like Trade Credit Insurance, which relates directly to the acquisition as it enhances Coface's data capabilities.
Financials
- 1.84 billion – Coface's reported turnover in 2024, highlighting its financial strength and capability to perform such acquisitions.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Coface | Bidding Company | Company | A global leader in trade credit risk management, based in Paris, providing solutions like Trade Credit Insurance and Business Information. |
| Cedar Rose Group | Target Company | Company | A leading provider of business information solutions in the Middle East and Africa with over 25 years of experience. |