Coface Group, the world's leading export-credit insurer, has taken a majority shareholding in Frontline Hong Kong, a credit information agency. Coface Hong Kong general manager Richard Burton said the purchase would strengthen Coface's Hong Kong and Asia-Pacific credit information collection service. The acquisition price was not disclosed. 'Frontline has been for many years Coface's preferred source of credit information on Hong Kong companies,' Mr Burton said. 'Coface actually has been the largest user of Frontline's credit information collection services. The acquisition will thus fit in our own business operation in Hong Kong and the Asian region.' Established in 1982, Frontline collects credit information for Hong Kong and the Asia-Pacific.