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PwC: Merger with established Rustenburg audit firm
November 21, 2012
By Rob Starr, Content Manager, Big4.com
PricewaterhouseCoopers (PwC) announced recently that it had merged with Rustenburg chartered accountancy firm Woest Malan Wenhold with effect from 1 November 2012.
Previously PwC did not have offices in Rustenburg, South Africa but was only represented in the North West Provinces with offices in Lichtenburg and Mafikeng. The deal positions the merged entity to penetrate and grow its client base in the privately held business sector market in the North West Province and Rustenburg region. It will also enable PwC to build bigger capacity in terms of skills and experience. This will create a sound foundation from which to grow its assurance, advisory and tax divisions in the region.
The merger means enhanced value in the quality of services rendered to clients. In addition to the industries where the firm offers specific expertise, the merger also brings together complimentary practice areas
Connie Hertzog, PwC Partner for the Central Region comments:
“The merger is in accordance with PwC’s strategic growth plans and the aspirations of Woest Malan Wenhold,” she says. “The merger is a strategic and cultural fit for our business and a major step in accordance with our growth plans.”