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A firm engaged in two or more unrelated businesses.


A corporation that runs and manages many, unrelated businesses. The businesses are in different industries and generally have nothing at all to do with each other in terms of what products are produced. The theory behind a conglomerate states that the individual businesses can be managed at lower cost because they are able to pool resources while also reducing risks inherent to any particular industry. Conglomerates are not as popular in the United States as they once were because some became so complex, they were impossible to operate. See also: Keiretsu, Chaebol.


A company engaged in varied business operations, many of which seem unrelated. A conglomerate is designed to have reduced risk, since its various operations are affected differently by business conditions over time. In addition, it is possible for a conglomerate to redistribute its corporate assets depending on which operations show the most promise. Conglomerates were popular among investors during the 1960s but investors' interest in them faded during the 1970s and the 1980s.


A conglomerate is a corporation whose multiple business units operate in different, often unrelated, areas.

A conglomerate is generally formed when one company expands by acquiring other firms, which it brings together under a single management umbrella.

In some, but not all, cases, the formerly independent elements of the conglomerate retain their brand identities, though they are responsible to the conglomerate's management.

Some conglomerates are successful, with different parts of the whole contributing the lion's share of the profits in different phases of the economic cycle, offsetting weaker performance by other units.

Other conglomerates are never able to meld the parts into a functioning whole. In those cases, the parent company may sell or spin off various divisions into new independent companies.

References in periodicals archive ?
The authors begin with the issue of ownership with the usual review of the Paramount Decree of 1948 and the history of the conglomeration and consolidation, but their main point is to distinguish between their position and the "conglomeration equals homogenization" model of McChesney and Bagdikian, which they argue is logical but has problems because "we do not know enough to make decisive statements about the internal operations of these conglomerates.
The so-called city which has the misfortune to have Ken Livingstone as its mayor is not a city at all but a conglomeration of 32 self-governing boroughs.
Russia's controlling interest in Serbia's national oil conglomeration and its plan to construct a key portion of the South Stream oil pipeline through Serbia will "give Russia .
The stench of this conglomeration is not only sickening but must be to the unfortunate being who lodges there for the night sufficient punishment for his offence against the law.
This conglomeration included an Olympic gold medalist, a Midwestern farmer, a White Russian refugee, a stunt flier from Warner Brothers, and others whose backgrounds were just as interesting.
As Hornstein suggests, the founding of local real estate boards and their conglomeration into a national association was held together through notions of brotherhood.
The remaining chapters discuss the use of interface-oriented design for link checker, web conglomeration and service registry software.
An emancipation from bourgeois cosmetics, only to be followed by the realisation that much of that same abstracted white was simply a surface coating over any old conglomeration of bricks, blocks, rubble and gunge.
Sadly, our Oriental friend proceeded to take a good five minutes to make himself understood in a Franco/Japanese hybrid language that sounded even stranger than the Franco/Scouse conglomeration used by the gent who had preceded him.
Miller: This show is kind of a conglomeration of a lot of the shows I've done before.
Sexton's persistent courting of strange adjacencies was also on show in The Michael Stickrod Experience, 2005, a bewildering conglomeration whose materials ran to steel, glass, wood, aluminum, foam, leather, tequila, car doors, and paint, not to mention a "custom Michael Stickrod Experience T-shirt," a Discman playing Hall and Oates's "Private Eyes," and a masseuse.
ON Netz GmbH operates the largest conglomeration of wind turbines in Europe, and Eltra is the grid-operator for Denmark, which has the greatest amount of installed wind power per person in Europe.