Grant Thornton wins plum Scottish audit

Thornton Scotland
has been appointed auditor for The Murray group, the
private Scottish colossus which boasts
Rangers Football Club
as part of its business portfolio.

The mid-tier firm beat off competition from Big Four heavyweights Deloitte
and KPMG for the highly-prized contract after all three submitted tenders.
Previously the Murray Group engaged Deloitte, KPMG and GT in the audit of
different parts of its activities but the Scottish giant decided to ‘consolidate
and simplify’ its audit structure. GT now has audit responsibility for the group
and a number of subsidiaries while Deloitte will still audit the group’s Private
Equity Division.

David Murray of Murray
International Holdings Limited
commented: ‘This
appointment reflects a first-class performance from Andrew Godfrey and his team
during a competitive selection process. We have a long-standing professional
relationship with Grant Thornton and I am delighted that this is both continuing
and growing.’

Andrew Godfrey, managing partner at GT Scotland, said:
‘There are very few businesses in Scotland that have the entrepreneurial
spirit of David Murray and his team and we are delighted to have been
appointed as auditor. Traditionally, the Big Four have dominated this type of
work in Scotland and it is great to see a large and successful business, like
the Murray group recognise the expertise, experience and dedication of the Grant
Thornton team.’

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