Mazars pursues its international development

The group is expanding its services in Belgium, Canada and France to offer an even larger array of services to the big market players.
Having consolidated its position in South Africa, Brazil and Vietnam and set up offices in Thailand, Botswana, Indonesia, Malaysia and Malta in 2007-2008, Mazars is continuing to follow its geographical development policy.

Mazars in Belgium

The partners of Mazars and Goossens Gossart Joos and Cardyn & Joos have signed an agreement confirming the merger between the two firms with effect from 1st September 2009. The new organisation will be named Mazars. Consequently, Mazars now employs 100 professionals in Brussels, Antwerp and Ghent and will have an annual turnover of 11 million euros.

Lieven Acke, Senior Partner at Mazars in Belgium, states: "We are delighted with this merger, which is a major step in terms of the development of Mazars in Belgium. It responds to the challenges of the market. Together, we will continue to serve our Belgian clients with professionalism, in accordance with the intrinsic values of Mazars. Our professional colleagues at Goossens Gossart Joos and Cardyn & Joos, highly regarded among the financial community in Belgium, particularly in Banking and Insurance, complete the array of specialist services provided by Mazars. They join a unique international organisation, which is both integrated and independent."

Philippe Gossart, Partner at Goossens Gossart Joos and Cardyn & Joos, adds : "We are delighted to be joining Mazars, a group whose values and philosophy are very close to our own. The merger with Mazars is a natural step in the development of our business which will allow us to continue improving the support we offer our clients within our audit and advisory services."

Mazars in Canada

Mazars has consolidated its position in Canada by merging with local firm Harel Drouin. Henceforth more than 100 professionals will be on hand to assist Mazars’ 700 Canadian clients in audit, advisory services, accounting and tax.

"We have decided to join Mazars, because the group places great emphasis on respect for diversity, a key value for us as we make sure to employ high quality multicultural teams capable of nurture our clients’ national and international development. The technical proficiency of our teams and those of Mazars is a real plus for the whole Canadian financial community and enables us to offer tailor made services to suit the needs of each client,"explains Michael Brousseau, Senior Partner at Mazars in Canada.

Mazars in France

In central France, Mazars is joining forces with an audit and advisory service firm well known to the market: ADH Experts-SAFREC, located in Chartres and in Orléans.

Thanks to the quality of its services and the professionalism of its teams, the firm has achieved sustained growth over recent years and last year reported a turnover of 9.5million euros.

ADH Experts-SAFREC employs more than 100 professionals offering audit, accounting and advisory services to companies. Today, nearly 2500 clients trust them (500 in audit alone).

The merger with Mazars took effect on 1st September 2009 and consolidates Mazars activities in the region, which will now bring in an annual turnover of 90 million euros.

In addition, Mazars has opened a new office in Nantes. Mazars is thus expanding its geographical coverage in the west of France and strengthening its links with local and international companies in the region, so as to offer them tailor made services, which will enable Mazars to follow their development closely.

According to Philippe Castagnac, Director General of Mazars "This represents a new stage in the development of Mazars in France. It fits into our long-term growth strategy with high quality teams, capable of offering a large array of services to the whole financial community, local and national. We are delighted to welcome the ADH Experts – SAFREC group into the realm of regions served by Mazars and are very pleased to have expanded our activities in the west of France with the opening of the Nantes office."

Related articles:

published in the International Accounting Bulletin on 30 October 2009.

published in Les Echos on 5 November 2009.

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Sandrine Verdelhan
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