KAP Hendrawinata Eddy & Siddharta, and KAP Drs J Tanzil & Rekan merge
November 10, 2014
KAP Hendrawinata Eddy & Siddharta, and KAP Drs J Tanzil & Rekan merger strengthens Kreston International position in Indonesia
KAP Drs. J. Tanzil & Rekan, the largest public accountancy firm in East Indonesia has merged with KAP Hendrawinata Eddy & Siddharta; significantly strengthening Kreston International’s presence in the region.
Kreston International CEO, Jon Lisby, said:
“We are delighted that these two firms have come together and wish them every success for the future. Their involvement and commitment to the Kreston network will strengthen our offering in the region.
“We work closely with our member firms to create global cohesion with local connections that enables people to do business with those they know, like and trust. This approach results in the provision of convenient access to a quality and reliable accountancy service, located anywhere in the world.”
The two firms officially merged on 27th October and will offer clients audit, tax and management consulting services under the new name of KAP Hendrawinata Eddy, Siddharta & Tanzil.
Dr J Tanzil, Chairman of KAP Drs J Tanzil & Rekan said:
“It is an honour to join KAP Hendrawinata, Eddy Siddharta and to be a part of Kreston International network of accountancy firms. This merger not only put us in a stronger position to compete in a highly competitive and challenging economic market, but it also gives emphases to the quality of our offering, given Kreston’s quality assurances.”
KAP Hendrawinata Eddy Siddharta & Tanzil is now part of the 10th largest Accounting Firm in Indonesia with 28 Partners who will be supported by more than 300 professional and support staff.
Tan Siddharta, Managing Partner of KAP Hendrawinata Eddy & Siddharta, said:
“It is a pleasure to merge with such a renowned accountancy firm. This move is part of our strategic plan to grow, strengthen and expand our business, which in turn will enhance our offering in the local and global market place.”
Partners duing the merger announcement.
KAP Hendrawinata Eddy Siddharta & Tanzil operates from offices in Jakarta, Medan, Surabaya and Yogyakarta.