Coface gets Credico credit.
Credit insurer Coface LBF has acquired Cimco and its sister company The Creditors Group. The compani...
Credit insurer Coface LBF has acquired Cimco and its sister companyThe Creditors Group. The companies will now be reorganised into a single
subsidiary of the Coface Group, under the name of Credico. The acquisition
will enable Coface to expand its activities in the UK beyond trade credit
insurance, by moving into the integrated credit management arena. Credico
will be the direct sales channel for the supply of these services in the
UK.
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