The merger of four PKF International member firms in Germany has created a firm with turnover of €58 million ($83.5 million).
Trading as PKF Fasselt Schlage, the firm is headquartered in Berlin with 14 offices and around 600 staff in Germany.
PKF Fasselt Schlage partner Marian Ellerich commented: “The merger will reinforce our position as one of the leading independent, partner-managed auditing and consultancy firms in Germany. Our aim is to pool our expertise and make our range of services available to clients in all locations.”
Wolfgang Hofmann, PKF International chairman and PKF Fasselt Schlage partner, added: “The merger will increase the presence of the PKF brand in the German marketplace. It is a positive message that member firms who have worked together closely before have now joined forces to create a new and stronger single entity.”