| Spanish partners to join KPMG Europe |
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| Written by Adrie van der Luijt | |
| Monday, 23 June 2008 | |
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The partners of KPMG's member firm in Spain have voted to join KPMG Europe LLP.
The Spanish partners will join the UK, Germany and Switzerland in a move which KPMG said would enhance the merged firm’s position as Europe’s largest fully integrated accountancy firm. The combined firm will have more than 23,000 partners and staff working from 75 offices across the four countries - with revenues in excess of Euro 4.2bn in 2007. Partners of KPMG Spain approved the merger proposal in a vote last Friday. The vote is subject to the agreement of the UK, German and Swiss partners. John Scott, senior partner for KPMG Spain, will join the KPMG Europe board. The Spanish partners’ vote is the latest stage in KPMG's ambition to create the most fully integrated accountancy firm across Europe. Rolf Nonnenmacher and John Griffith-Jones, joint chairmen of KPMG Europe LLP, said that the Spanish decision to join built on the foundations formed when the UK, Germany and Switzerland member firms agreed to merge. The Spanish practice of KPMG has grown very successfully over the last three years. In the year to September 2007, revenues were Euro 175m. Scott added that the move would increase the firm’s ability to recruit and retain talent, would develop wider career opportunities with more options to participate in cross-border projects, and would promote deeper knowledge sharing. Related articles
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