Auditing and consulting firm NEXIA ACPA Co Ltd, a member of UK-based Nexia International Co, will merge into Grant Thornton Vietnam, a subsidiary of UK-headquartered Auditing and consulting firm Grant Thornton International.
The deal, which will take effect in July this year, will enable the former to merge into the latter under the Grant Thornton Vietnam name and serve as a key member firm of the Grant Thornton global network.
The merger will offer the local clients of the firms full access to over 14 partners and over 220 professionals in two offices across Vietnam and also benefit from a great breadth and depth of experience and knowledge held by 38,500 experts under the network across 120 countries around the world .
Following the merger, Kenneth Atkinson, current managing partner of Grant Thornton Vietnam, will be appointed as the Executive Chairman, and Mr Nguyen Chi Trung, current managing partner of NEXIA ACPA, will be appointed as Managing Partner.
The merger, the biggest of its kind in the professional services sector in Vietnam, will help to strengthen our position as the undisputed leader in our chosen market in Vietnam – providing assurance, tax and advisory services to dynamic organizations.
“It is a great pleasure and opportunity for ACPA to join Grant Thornton in Vietnam. ACPA with 10 partners, 120 professionals and more than 350 clients are excited to take this chance to further thrive in the market on the success path as paved by Grant Thornton over the past 20 years in Vietnam,” said Nguyen Chi Trung.
“Grant Thornton has ambitious expansion plans and a key part of this is to build the business through mergers and acquisitions. The merger with ACPA is a demonstration of our commitment to expanding our professional resources,” said Kenneth Atkinson.
“The merger is one of the biggest of its kind in the professional services sector in Vietnam and will help to strengthen our position as the undisputed leader in our chosen market – providing assurance, tax and advisory services to dynamic organisations, and helping them to excel in Vietnam, across Asia Pacific and global markets,” he added.
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