PwC was created by the merger of two 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.
Samuel Lowell Price sets up in business in London
William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers
Price, Holyland and Waterhouse join forces in partnership
Name changes to Price, Waterhouse & Co.
Robert H. Montgomery, William M. Lybrand, Adam A. Ross Jr. and his brother T. Edward Ross form Lybrand, Ross Brothers and Montgomery
Both Price Waterhouse and Coopers & Lybrand open up an office in Brussels
Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand
Price Waterhouse World Firm formed
Coopers & Lybrand and Deloitte Haskins & Sells merged in a number of countries around the world.
Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers
PwC Indonesia History
1938 : KAP Drs. Tan Eng Oen formed
1965 : KAP Drs. Tan Eng Oen becomes KAP Drs. Hadi Sutanto
1971 : Enter correspondence relationship with Price Waterhouse
1990 : Name changes to KAP Drs.Hadi Sutanto & Rekan
1990 : Enter a partnership with Price Waterhouse
1998 : Price Waterhouse becomes PricewaterhouseCoopers
2004 : Name changes from KAP Drs.Hadi Sutanto & Rekan to KAP Haryanto Sahari & Rekan
2010 : Name changes from KAP Haryanto Sahari & Rekan to KAP Tanudiredja, Wibisana & Rekan