Hundreds of companies influence our lives every single day. But there are certain companies which even impact economies. Conglomerates are a huge diversified business under one brand name which spread across industries. Here is a list of the top 10 global conglomerates in 2014 based on their revenues.
10. Hutchison Whampoa
Hutchison Whampoa Limited (HWL) is an investment holding company, with headquarters in Victoria, Hong Kong. The company was formed by merger of two companies, Hong Kong and Whampoa Dock established in 1863 and Hutchison international formed in 1877.
HWL employs more than 230,000 people worldwide, with operations in more than 50 countries. The group operates through six core businesses, ports and related services, property and hotels, retail, infrastructure, energy and telecommunications. Its port holding business operates across Europe, America, Asia, Middle East and Africa, handling more than 10% of the world’s container traffic. Property and hotels division develops and invest in real estate, right from commercial developments to luxury residential properties. HWL’s retail segment operates flagship retail chains in Asia such as health and beauty specialist Watson’s, PARKnSHOP supermarket, Fortress electrical appliances chain and Watson’s Wine. It is also a major manufacturer and distributor of water products and beverages with Mr. Juicy being the flagship brand in Hong Kong and Mainland China. In Europe, it operates through brands like Drogas, Kruidvat, Superdrug, Rossmann, Savers, Trekpeister and Watsons. It also owns two luxury perfumeries and cosmetics retail brands ICI PARIS XL and The Perfume Shop. Its infrastructure division, Cheung Kong Infrastructure is a leading infrastructure investor in Hong Kong, China, UK, Netherlands, Australia, New Zealand and Canada. Husky Energy is Canada’s largest energy and energy services related company. HWL is also a global operator of mobile telecommunications and data services, operator of fibre-optic fixed-line networks in Hong Kong.