PricewaterhouseCoopers was created on 1 July 1998 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 1874 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
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 merges with Deloitte Haskins & Sells in a number of countries around the world
1 July 1998
Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers
1 January 2003
PricewaterhouseCoopers UK adopts Limited Liability Partnership (LLP) status
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