Mazars
 | |
| Company type | Société cooperative à responsabilité limitée, based in Belgium |
|---|---|
| Industry | Professional services |
| Founded | Rouen, France (1940) |
| Headquarters | Paris,  France |
Key people | Patrick de Cambourg, Current CEO |
| Services | Audit Chartered Accountant Consulting Taxation Corporate Finance Financial advisory |
| Revenue |  €650 millions euro (2007) |
Number of employees | 7,500(2007) |
| Website | www.mazars.com |
Mazars is an international accounting and audit firm, with its head office based in France.
Mazars employs 8,000 professional workers in 46 different countries in 2007[1]. Additionally Mazars has a network of correspondent partners and joint ventures in a further 12 countries. Mazars is also a member of the Praxity alliance which brings together 23,000 professionals in 65 countries with a global turnover of over 2 bn euros ($ 2.4 bn) for 2006.
Mazars is ranked as the fifth largest accountancy firm in Europe. Mazars operates as a single entity as a fully integrated partnership. This is still unusual for an accounting firm, and as such Mazars is the largest integrated partnership in the world. Some of the Big Four firms are moving towards a fully integrated structure, which may eventually mean they are larger.
In 2007, the global revenue of Mazars is of € 750 million euro.
History : France
The original Mazars firm was formed in Rouen, Normandy in France in 1940, by Robert Mazars. Mazars stayed a local firm until 1980s when the new CEO Patrick de Cambourg started to internationalize the firm growing the business from 33 employees in 1977 to the global firm of today.
Mazars merged with accounting firm "Guérard Viala" to form "Mazars & Guérard" in 1995.
United Kingdom
On 1 September 1998 "Mazars & Guerard" merged with the British accountancy firm "Neville Russell" and traded, in the UK, for a number of years as "Mazars Neville Russell". In 2002, "Mazars Neville Russell", as well as its counterpart firms across Europe, changed the name to become simply Mazars. Mazars currently employs 1,000 people in 18 offices[2] in the UK and turnover is around €100m.[3]
In April 2007 Mazars merged with the London office of MRI Moores Rowland which will create a firm with turnover in the UK exceeding £90million. [4]
Mazars, prior to the MRI Moores Rowland merger, was listed as the 14th largest accountancy firm in the UK with about £65 millions fee income[5], however following the merger and with the merger between Grant Thornton and RSM Robson Rhodes in the summer of 2007, Mazars was listed as 12th[6] with an estimated fee income of £90.3m.
"Neville Russell" was founded in 1900 by Charles Neville Russell to work principally with the insurance sector of the economy. Neville Russell developed a reputation in London of being specialists in this area.
Netherlands
In 2000 Mazars integrated "Paardekooper Hoffman" (of the Netherlands), which employed 800 people. In the Dutch audit market Mazars ranks as the sixth largest firm and contributes more than 15% of the total global turnover.
Jan Paardekooper founded "Paardekooper & Hoffman" in 1927. The firm worked with large clients involved in the maritime and harbour businesses of Rotterdam.
Germany
In April, 2007 Mazars and RSM Hemmelrath announced their merger which united about 400 professionals and €50 millions of turnover in the German market. Today (2008), MAZARS Hemmelrath has eight offices in German metropolitan areas offering a range of audit, tax, and legal consulting services.[7][8]
Management
- Group Executive Board (2006-2009)
- Chairman : Patrick de Cambourg, French
- Member : Jos van Huut, Dutch
- Member : Philippe Castagnac, French
- Member : David Evans, British
Externals links
- Official website of the Mazars Group, in English and French
- Official website of Mazars in the UK, in English
- Official website of Mazars in France, in French
- Official website of Mazars in the Netherlands, in Dutch
- Official website of Mazars Hemmelrath in Germany, in German