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Is Unilever a conglomerate business

Updated: 4/28/2022
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A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure (a corporate group), usually involving a parent company and several (or many) subsidiaries. Often, a conglomerate is a multi-industry company. Conglomerates are often large and multinational. By this definition of conglomerate (and i think the only definition) unilever is a conglomerate

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In Pakistan, the Unilever company has several strategic business units. These include product development, financial planning, marketing and procurement.


What is a giant business doing many different kinds of business called?

A conglomerate.


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What is a major reason for conglomerate mergers?

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