PwC 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.
|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||Coopers 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|
|1989||Price Waterhouse opens Representative Office in Moscow|
|1990||Coopers & Lybrand opens office in Moscow|
|1998||Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers|
|2010||PricewaterhouseCoopers opens office in Ulaanbaatar|
|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.|
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