Coface Group History

1946
Coface is founded as a specialized export credit insurance company, managing its own products and State guarantees for French exports.

1992
Coface begins its international expansion into the United Kingdom and Italy, paving the way for acquisitions in Germany and Austria in 1996. The CreditAlliance network of credit insurers was established.

1994
Coface is privatized.

1995
The CreditAlliance network is extended to include credit information providers.

1999
Coface extends its service offering to include factoring (in Germany.)

2000
Coface launches @rating, adding a worldwide insurable trade debt rating system to its credit information service.

2002
Natexis Banques Populaires (now NatIxis) becomes Coface’s majority shareholder

2003
Coface acquires the CNA Credit unit in order to enter the credit insurance market in the US and Canada.

2004
Coface acquires Ort from Reuters and combines this company's expertise with that of Coface Scrl to become France's leading credit information provider. It also forges international partnerships, particularly in the area of corporate ratings in Russia and Japan. Canada branch established.

2005
Coface acquires South African credit insurance company CUAL and Lithuanian LEID.

2006 Coface acquired the majority stake in Business Data Israel (BDI), the leading credit information provider in Israel

Coface North America acquired the commercial debt recovery firm, Newton & Associates.

Creation of Coface Services (merger between Coface Scrl and Coface Ort)

1946	Coface is founded as a specialized export credit insurance company, managing its own products and State guarantees for French exports.
1992	Coface begins its international expansion into the United Kingdom and Italy, paving the way for acquisitions in Germany and Austria in 1996. The CreditAlliance network of credit insurers was established.
1994	Coface is privatized.
1995	The CreditAlliance network is extended to include credit information providers.
1999	Coface extends its service offering to include factoring (in Germany.)
2000	Coface launches @rating, adding a worldwide insurable trade debt rating system to its credit information service.
2002	Natexis Banques Populaires (now NatIxis) becomes Coface’s majority shareholder
2003	Coface acquires the CNA Credit unit in order to enter the credit insurance market in the US and Canada.
2004	Coface acquires Ort from Reuters and combines this company's expertise with that of Coface Scrl to become France's leading credit information provider. It also forges international partnerships, particularly in the area of corporate ratings in Russia and Japan. Canada branch established.
2005	Coface acquires South African credit insurance company CUAL and Lithuanian LEID.
2006	Coface acquired the majority stake in Business Data Israel (BDI), the leading credit information provider in Israel Coface North America acquired the commercial debt recovery firm, Newton & Associates. Creation of Coface Services (merger between Coface Scrl and Coface Ort)