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Affiliated Companies

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Affiliated Companies
A situation that occurs when one company owns a minority interest (less than 50%) in another company.

Also refers to companies that are related to each other in some way.

Notes:
An affiliated company is sometimes referred to as a subsidiary.


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ElringKlinger AG, a German supplier of gaskets, gasket sets, cover systems, heatshields and high-tech PTFE plastic products, with manufacturing affiliated companies in Great Britain, Spain, Italy, U.
, would have required new financial conglomerates to give consumers the right to opt out of arrangements for sharing of all of their personal data with affiliated companies.
Through its subsidiaries and affiliated companies, DIRECTV Latin America provides digital television service to approximately 4 million customers in Latin America.
 
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