Deloitte to invest $224m to create a North West Europe firm

Deloitte announced that its Belgian, Danish, Dutch, Finnish, Icelandic, Norwegian and Swedish member firms will combine with the UK and Swiss firm to create Deloitte North West Europe.

Deloitte North West Europe will come into effect on 1 June 2017 and will have 28,000 staff, and will be expected to generate over $5.6bn worth of revenues annually.

Deloitte will invest $224m across the region towards the project over the next three years.

David Sproul, Deloitte’s UK chief executive and chief executive-elect of Deloitte North West Europe, said: “We believe that by combining across these markets we will further increase the growth potential of Deloitte regionally and globally, as well as our ability to influence positively the growth of our clients.”