PricewaterhouseCoopers was created by the merger of two networks of firms — Price Waterhouse and Coopers & Lybrand — each with historical roots going back some 150 years. Set out below are some key milestones in the history of both firms.
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1849 |
Samuel Lowell Price sets up business in London |
|
1854 |
William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers |
|
1865 |
Price, Holyland and Waterhouse Join forces in partnership |
|
1913 |
Coopers and Lybrand Deloitte opens office in St. Petersburg |
|
1916 |
Price, Waterhouse and Co opens office in Petrograd |
|
1957 |
Cooper Brothers and Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros and Montgomery (US) merge to form Coopers and Lybrand |
|
1982 |
Price Waterhouse World firm formed |
|
1995 |
Price Waterhouse opens Representative Office in Baku |
|
1998 |
Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers |
|
2010 |
PwC has refreshed its branding. The new branding includes a simplified logo consisting of the initials “pwc” in lower-case type. This formal shortening of the brand name will provide consistency and ease of use for PwC firms around the world. |