Business Services Industry
Deloitte acquisition plunders Horwath.
Australasian Business Intelligence, October, 2006
Byline: Bruce Andrews
Oct 29, 2006 (BRW - ABIX via COMTEX) -- There is more consolidation in the accounting sector in Australia. Deloitte Touche Tohmatsu has merged with the Sydney practice of the chartered accountants' group, Horwath Australia. The acquisition leaves a gap in the Horwath national network. Many Horwath directors and staff will join Deloitte in November 2006, leaving the group short of staff. The directors of Horwath are seeking a replacement practice in Sydney. The Horwath name will remain in the Australian market.
Publication Date: 26 October 2006
DELOITTE TOUCHE TOHMATSU LIMITED
HORWATH (NSW) PTY LTD
BDO FINANCIAL SERVICES PTY LTD
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