KPMG to create single European firm. By Dan Martin
Big Four accountancy firm KPMG has unveiled proposals to merge its UK and German operations into a single entity.
In a move which would create the largest fully integrated accounting firm in Europe, KPMG Europe LLP would comprise more than 17,000 partners and staff working from 44 offices across the UK and Germany. Its head office would be in Frankfurt.
KPMG said the merger is be the first stage in a plan to create a fully integrated KPMG member firm in Europe.