View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
November 21, 2010

Roland Berger calls off Deloitte merger

Partners at global consultancy firm Roland Berger Strategy Consultants have voted against a merger with Deloitte. The decision comes only days after it was announced the pair were in advanced stages of talks.

A Roland Berger spokesperson told the International Accounting Bulletin a vote to end the merger had been carried at the weekend with a majority of almost 100% and the firm’s partners were now planning to put more capital into investment plans.

The decision will put a dent in Deloitte’s plans to create a global strategic consulting arm with annual revenue of about $2.8bn.

The merger would have brought together Deloitte’s strategy, operations and company restructuring consultancy divisions with Roland Berger’s.

Roland Berger has a total of 2,000 staff in 39 offices worldwide and reported revenue of about €616m ($840m) in 2009.

 

Related article

Deloitte in merger talks with Roland Berger

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to International Accounting Bulletin