Coface has successfully closed the acquisition of Cedar Rose Group, a prominent information services provider in the Middle East and Africa with over 25 years of experience. Cedar Rose's extensive business network allows for the production of high-quality data in an economically growing region where information is scarce. As a result of this acquisition, Cedar Rose will serve as Coface's primary information provider, enhancing data access for all Coface customers, in line with its strategic plan focused on data excellence.
Cedar Rose, a leader in Information Services in the Middle East with over 25 years of experience, has been acquired by Coface to enhance data quality for credit insurance.
Cedar Rose has established a vast business network in a region with challenging information access, providing quality data recognized by multinational customers.
The acquisition of Cedar Rose allows Coface to improve its information production capabilities, especially in areas with limited data availability, aligning with its strategic plan's focus on data excellence.
Coface's customers will benefit from enhanced data through this acquisition, solidifying Cedar Rose’s position as Coface's information provider in the Middle East.
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