KPMG buys European procurement business

by Accountancy Age Staff

More from this author

18 Jun 2012

  • Comments
kpmg reception

KPMG HAS ACQUIRED international procurement consulting firm BrainNet Supply Management Group for an undisclosed sum.

Based in Bonn, Germany and St Gallen, Switzerland, BrainNet has provided consultancy services in the areas of research & development, operations, logistics and purchasing for more than 15 years.

Following the acquisition, which is due to be finalised at the end of summer, KPMG will create a global "Centre of Excellence" for procurement services for its member firms. The centre will be headed by Christian Rast, currently CEO of BrainNet.

"Clients are looking for innovative ways to continually adapt their organisations in response to changing marketplace dynamics. Optimising the supply chain helps to support this transformation and create sustainable value for their business," said Klaus Becker, CEO KPMG, Germany.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send


Financial Planner

The Ministry of Defence Surgeon General’s (SG) Finance Department, Lichfield, Staffordshire, Permanent, Full Time, £ £30,008




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.