KPMG takes over from Deloitte at Senior Group
KPMG is to take over from Deloitte as auditor to international manufacturing group Senior, after the aerospace and engineering specialist concluded a tender process
14 Jul 2017
KPMG will take for the financial year commencing 1 January 2017, with the company saying it did not ask Deloitte to take part in a competitive tender due to the longevity of its time in the role.
Senior’s board of directors said in a Stock Exchange announcement that they ‘would like to take this opportunity to thank Deloitte for its external audit services to the Senior plc Group over the past 16 years’.
According to its 2016 annual report, Senior paid Deloitte £900,000 for audit services during the year, plus £300,000 for non-audit services.