Mazars and Weiser, which employs more than 650 professionals and has annual revenues of $ 135m, have maintained a close relationship for the last ten years via a joint venture agreement, and the merger comes as a natural development of this relationship.

Partners from both entities have voted to incorporate 74 Weiser partners into Mazars’ international
integrated partnership. Reflecting this new arrangement, Weiser will become a Mazars member firm and be renamed WeiserMazars LLP. It is an important step in Mazars’ development, increasing thus the number of specialists in the company.

The newly-created company will have a headcount of 12,500, including 680 partners.

In the Romanian market, Mazars is the sixth largest audit and advisory firms, with revenues of around €4 million in 2009.