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 Delloite predecessor 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
