Meijburg & Co is a company with a rich history. Since its incorporation in 1939 it has continued to be a leading financial advisory organization in the Netherlands.
Sir William Barclay Peat founds the accounting firm of William Barclay Peat & Co. in London.
James Marwick and Roger Mitchell found the accounting firm of Marwick, Mitchell & Co. in New York City.
William Barclay Peat & Co. and Marwick, Mitchell & Co. pool their strengths and form a joint firm of accountants and consultants that later became known as Peat Marwick International (PMI).
Pieter Klynveld founds the Dutch accounting firm that would later become known as Klynveld Kraayenhof & Co.
In 1939, a tax inspector named Willem Meijburg decided to start a tax advisory office. The decision to take such a step was made partly at the instigation of Pieter Klynveld, the co-founder of Klynveld Kraayenhof & Co Accountants, the predecessor of today’s KPMG. By setting up Meijburg & Co, the first specialized tax advisory firm, Willem Meijburg proved to be a pioneer on the Dutch tax market. Despite a difficult start that took place during a turbulent period in world history, Meijburg & Co grew steadily and considerably after 1945.
In 1979, Klynveld Kraayenhof & Co Accountants merged with the international firm of McLintock Main Lafrentz & Co and the Deutsche Treuhandgesellschaft. This new alliance gave rise to a strong international organization with continental Europe as its operating base. Under the leadership of Reinhard Goerdeler, an accountant, Klynveld Main Goerdeler (KMG) quickly becomes a decisive force in international accountancy.
The traditionally good relations that existed between KMG and the expanding tax advisory firm Meijburg & Co, remained strong after the mergers.
Numerous former tax inspectors saw Meijburg & Co as an opportunity to continue their career. By ensuring that he always maintained good relations with his contacts at the Dutch Revenue, Willem Meijburg made it possible for a number of tax inspectors to make the move to Meijburg & Co. This enabled the company to become a respected knowledge organization and a provider of quality tax advice. In 1987, KMG - the company whose origins lay in a merger - once again decides to merge, this time with Peat Marwick International. The scene was thereby set for KPMG to make its stage entrance, which it does in style: it soon becomes one of the Top 8 accountancy and advisory organizations in the world.
KPMG continues to expand its services. In addition to audit and advisory services, tax begins to play an ever increasing role. In 1988, Meijburg & Co merges with the tax advisors of the US firm Peat Marwick. This merger, under which Peat Marwick became part of Meijburg & Co, not only brought a new perspective to how it should run its business operations and also to how it should approach tax matters. Another merger in 1989, this time with the private firm of Wisselink & Co, meant that the company was finally finding its niche. The policy pillars “People, Knowledge, and Markets” were developed and they continue to form an inherent part of Meijburg’s business operations.
Meijburg & Co has undergone numerous changes since it was incorporated. The company has grown, merged (more than once), and continued professionalizing its services. Its close relationship with KPMG and its predecessors leads to a name change in 1992: Meijburg & Co becomes KPMG Meijburg & Co. By becoming an independent member firm in KPMG’s worldwide network, KPMG Meijburg continued its international development, while holding on to its own identity and independence.
During the period 1993-2014 KPMG Meijburg & Co developed into a leading tax advisory firm with 600 employees, comprising partners, professionals, service center employees and non-professionals. Its independent role within a large international network has allowed it to develop its own unique style of business operations. KPMG Meijburg & Co continues to invest in its fundamental strengths: the policy pillars of People, Knowledge, Market and CSR. A fifth pillar has now been added: Innovation. With its focus on these pillars, along with a diversity of employees, and competency in all aspects of providing quality tax advice, KPMG Meijburg & Co directs its attention toward the future of taxation.
2014 to the present
On October 1, 2014 the organization officially changed its trade name to Meijburg & Co. Meijburg & Co will remain a member of KPMG International, with whom it has concluded a direct license agreement to take effect on October 1, 2014.
The KPMG network
Since 1988, Meijburg & Co has been a member firm of KPMG International, a Swiss cooperative comprising members in the form of country organizations, all of which operate in the fields of accounting and tax consultancy. The Netherlands is the only country with two members: KPMG Audit (accountants) and Meijburg & Co (tax consultants). All member firms use the name KPMG, either as their only name or as part of the name of their national practice.