The firm Roever Broenner Susat joins Mazars’ International Integrated Partnership
Paris, 21 April 2015 – Mazars, an international, integrated and independent organisation specialized in audit, accountancy, tax, legal and advisory services, has announced a major strategic merger with the German firm Roever Broenner Susat.
As part of its global growth strategy, Mazars constantly strives to identify and integrate top talents from firms that share its values and demonstrate excellence and continued professionalism. Merging with Roever Broenner Susat will enable Mazars, already present in Germany, to create an influential player in the national and international scope of Europe’s heftiest economy.
In Germany, this strategic merger will position Mazars in the Top 10 in our industry. The new entity turns to 1,000 staff, including 68 partners, spread out in 12 offices around the country. The clients of Mazars in Germany will hence benefit from comprehensive, state-of-the-art services in Audit, Tax, Accountancy and Outsourcing, Financial Advisory and Law.
Present in 73 countries, Mazars has doubled its revenues over the past 10 years, reaching 1.2bn€ in 2015, with the help of over 15,000 talents around the world. Mazars in Germany will now contribute to nearly 10% of Group overall activity.
Christoph Regierer and Gregor Kunz, partners at Roever Broenner Susat, will respectively join Mazars’ Group Executive Board and Group Governance Council.
Philippe Castagnac, Mazars’ Group CEO and Chairman of the Executive Board, underlines that “the European Audit Reform is opening new doors for Mazars, a bona fide international partnership with European origins. Welcoming Roever Broenner Susat into our firm strengthens our position at the heart of Europe’s first economic power. It’s a smart move”.
“We share with Mazars a culture that is demanding and independent. Our capacities are very complementary and this merger will allow us to provide our clients with quality internationally-focused services”, emphasise Gregor Kunz, Dr. Christoph Regierer and Dr. Jost Wiechmann, on Roever Broenner Susat’s side.
The merger is subject to the approval of the German competition authorities.
For more information, please read the press release below
By Anne Fisher, FORTUNE MAGAZINE
Research firm IbisWorld recently delved into its database of more than 700 industries and came up with a list of the fields most likely to show strong revenue and employment growth, along with above-average salaries, for at least the next five years.
1. Hospitals/health care.
Projected to grow by 19.5% between now and 2020, the medical industry will benefit partly from an aging population that will need more health services in the years ahead.
2. Engineering services.
The industry “is expected to hire thousands of new graduates over the next five years as business confidence increases,” along with higher government spending on infrastructure, the Ibis study says, for a growth rate of 19%.
3. Management consulting.
With an 18% growth rate from now until 2020, profitability — and demand for new hires — has been climbing as the economy recovers and companies invest more in strategy, Ibis reports.
The industry, projected to grow 17%, benefits from the recent rise in financial regulation, which keeps auditors busier than ever. More globalization will also “lead to more cross-border corporate deals that require expertise in U.S. accounting standards.
5. Semiconductors and circuits.
Demand for “advanced wireless consumer electronics, such as smartphones,” including new chip technology that can integrate existing WiFi and mobile networks, will generate 16% growth by 2020, with electrical engineers in especially big demand.
6. Software development.
The job market for software engineers, developers, and programmers has been rosy for years, but the Ibis study projects that demand for smartphone app developers in particular will soar at an annual rate of 37.6%, far outpacing the projected 15.5% growth rate of the software business as a whole.