KPMG Holland reported today that its 208 partners had agreed to join KPMG Europe which was established in 2007 and contains the list of British, German, Swiss and Spanish firms. In 2007, KPMG Holland had voted against the merger. But now, the Dutch firm chairman Herman Dijkhuizen cited internationalization, specialization and seamless service as key drivers for this change of heart.
Even with the German and British firms combined, we recall that KPMG had stated that the merged firm would be the largest in Europe and adding the Dutch firm now will only make this behemoth larger. We have not seen similar aggregation among the European units of the other Big Four firms, but soon they may have to react in order to stay global, multi-country, pan-European and competitive.
Our Dutch readers can see the original press release here:
http://www.kpmg.nl/site.asp?id=2036&process_mode=mode_doc&doc_id=46267
Others can get it translated in Google
http://translate.google.com/translate?u=www.kpmg.nl%2Fsite.asp%3Fid%3D2036%26process_mode%3Dmode_doc%26doc_id%3D46267&hl=en&ie=UTF-8&sl=nl&tl=en
KPMG Holland, Merger, Herman Dijkhuizen, KPMG Germany, KPMG Britain, Vote