PricewaterhouseCoopers has been created by the merger of two networks of firms — Price Waterhouse and Coopers & Lybrand — each with historical roots going back some 150 years. Set out below are some key milestones in the history of both firms.
1849 — Samuel Lowell Price sets up business in London
1854 — William Cooper establishes his own practice in London, which seven years later becomes Cooper Brothers
1865 — Price, Holyland and Waterhouse Join forces in partnership
1913 — Coopers & Lybrand Deloitte opens office in St. Petersburg
1916 — Price, Waterhouse & Co opens office in Petrograd
1957 — Cooper Brothers & Co (UK), McDonald, Currie and Co (Canada) and Lybrand, Ross Bros & Montgomery (US) merge to form Coopers & Lybrand
1982 — Price Waterhouse World firm formed
1989 — Price Waterhouse opens Representative Office in Moscow
1990 — Coopers & Lybrand opens office in Moscow
1998 — Worldwide merger of Price Waterhouse and Coopers & Lybrand to create PricewaterhouseCoopers
2009 — PricewaterhouseCoopers celebrated twenty years on the Russian market
2010 — PwC has refreshed its branding. The new branding includes a simplified logo consisting of the initials “pwc” in lower-case type. This formal shortening of the brand name will provide consistency and ease of use for PwC firms around the world.