TMF Austria is delighted to announce that on June 29, 2010, an agreement was signed to purchase KPMG Linz’s accounting, payroll and tax compliance business based in Linz and Salzburg. With this purchase, the TMF Austria team has grown to 90 staff members with offices in Vienna, Linz and Salzburg. The offices in Linz and Salzburg will be managed by two ex‐KPMG Partners, Herbert Dallinger and Hubert Knogler, who also will join the TMF Austria management team.
Commenting on the purchase, Gabriela Fischmeister and Alexander Walther, managing directors TMF Austria, said: “We are very pleased that Herbert Dallinger and Hubert Knogler and their highly competent teams are joining the TMF Group.
Our substantial growth in market share and our co‐operation with KPMG has opened a new level of opportunities for TMF, which will further strengthen our role in Austria’s outsourcing and compliance industry.”
Armin Kirchner, TMF Regional director for EMEA, said: “Strategically, this is an important transaction for us. I expect this acquisition to further support our growth in Central Eastern Europe as Austria is the traditional hub for this region.”
For more information, download the press release PDF.