Mazars: Mazars and Weiser announce completion of merger

Paris, 7 April 2010: Mazars, an international group specialising in audit and advisory services and Weiser, an audit and advisory firm with a strong presence in the US north east, announce that their businesses are to merge.

Partners from both entities have voted to incorporate 74 Weiser partners into Mazars’ international integrated partnership.

The deal marks a new stage in the Mazars’ international development, and means that the firm will have offices in 56 countries, served by 12,500 professionals, including over 680 partners.

Mazars and Weiser, which employs more than 650 professionals and has a turnover of €100m ($ 135m), have maintained a close and fruitful relationship for the last ten years via a joint venture agreement.

Patrick de Cambourg, Chairman and CEO of Mazars says: “We have worked with Weiser for ten years via a joint venture agreement. This merger is the result of our excellent relationship, our shared values and commitments to offering high quality services to our clients. This enhanced relationship is a natural development based on our mutual trust. We are delighted to welcome Weiser into our partnership. They are a first-rate firm with an excellent reputation in the New York market. It is an important step in Mazars’ development and our clients will benefit from the formal combining of our services in the US market.”

Douglas A. Phillips, Chairman of Weiser, added: “Serving our clients means helping them on a global level, beyond borders. This is why we made the choice to develop an international joint venture with Mazars in 2000. Today, we are happy to develop our relationship with Mazars by fully joining the Mazars international integrated partnership as we know that when like-minded professionals work together, they obtain excellent results.”

Contact:
Mazars, International Business Center, 186 00 Praha 8, Pobřežní 3
Helena Liška, Marketing & Communication Manager, helena.liska@mazars.cz, tel. 224 835 730.