conglomerate types

Conglomerates are large companies that own a diverse range of businesses across different industries. There are two main types: **pure conglomerates**, which have interests in completely unrelated sectors (like a company owning a food brand, a construction firm, and a tech startup), and **mixed conglomerates**, which might have businesses that are somewhat related (like a company owning both electronics and home appliances). This variety helps reduce risk; if one industry suffers, others may thrive, providing stability to the overall company. Conglomerates often seek growth through acquisitions and diversification.