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19 Nov 2010
DELOITTE is in discussions about bringing advisory company Roland Berger into its consultancy division.
Deloitte confirmed that talks were taking place and is hoping to have a deal in place by the end of the year.
Further reading
It is believed the merged consultancy division would be called Roland Berger Deloitte Strategy Consultants.
UPDATE: 2PM 18 NOVEMBER
"We can confirm that Deloitte and Roland Berger are in advanced discussions to merge their businesses," Deloitte said in a statement.
"We have an exciting ambition to create a market leading strategy consultancy within Deloitte's consulting business.
"We hope to reach a mutually positive outcome and
make a formal announcement before the end of the year."
In 2009, Roland Berger made 616m euros in revenues with about 2,000 employees based in 27 countries around the world. The company is an independent partnership owned by approxiamtely 180 partners.
Because of the number of member firms involved, it is unclear at the moment how much of the worldwide revenues will count towards the UK firm's fortunes.
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