Tauranga firms KPMG and Frasers Ltd are merging forces to become the largest accounting firm in the Bay of Plenty.
From January 1, 2013, Frasers Ltd will cease to exist and its staff will operate as part of KPMG Tauranga.
The merger, announced today, was said to be "a perfect fit'' by KPMG's office managing partner Glenn Keaney.
He said Frasers Ltd staff brought "a wealth of knowledge and experience'' to the partnership and KPMG would flourish as a result.
"[The two companies] are very complementary in many areas, people, culture, clients, and our strategy for the future,'' he said.