Kreston International has added RSM Italy Audit and Assurance as its new member in the country.
RSM Italy Audit and Assurance will rebrand to Kreston GV Italy Audit and bring along two additional member firms specialising tax and consulting.
Consequently, the two firms will rebrand from Randazzo & Partners to Kreston GV Italy Consulting and ETA Capital to Kreston GV Italy Capital.
RSM Italy Audit and Assurance has seven-partners and rus offices in Rome, Milan, Padua, Empoli and Bari.
Kreston GV Italy managing partner Giovanni Varriale said the move enhances the firm’s global reach and contributes towards the goal of providing international clients with the support they need overseas.
Kreston chief executive Jon Lisby welcomed the new addition and said: "The fact that the firm has also rebranded, adopting the Kreston name is further recognition of the network’s growing presence in the European market place."
The new additions in Italy join Kreston’s existing member firms, which trade as Moores Rowland.
RSM International chief executive Jean Stephens said: "In December, leading RSM tax and advisory firms in Italy came together to form RSM Palea Lauri Gerla. RSM Italy Audit & Assurance has just recently left the RSM network and we wish them continued success in the future.
"Several of their former partners have formed a new audit firm called RSM Società di Revisione e Organizzazione Contabile S.p.A, who remain an active part of the RSM network to service the needs of international companies."
Kreston was ranked the 13th largest network globally, according to the International Accounting Bulletin’s world survey 2015.