BDO Kendalls continues Asian expansion
BDO Kendalls has continued its expansion in Asia, with its Hong Kong member firm BDO Macabe Lo merging with Shu Lun Pan Horwath Hong Kong. The new firm, BDO, will have more than 700 accounting staff members and fees of over $54 million. The merger will take effect in May.
"This is a significant development for the BDO network, and highlights our ability to extend our expertise to clients in geographically diverse markets," said BDO Kendalls' national managing partner, Tony Schiffmann.
The merger follows BDO International's merger with the Chinese accounting network Shu Lun Pan Management in January.
BDO International will have more than $246 million in annual turnover from the merger.
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