A daughter company refers to a company that is owned or controlled by another larger company. It is typically a separate entity, but the larger company has a significant influence or ownership stake in the daughter company.Full definition
A new daughter company, Nestlé Health Science, S.A., which will incorporate Nestlé's existing health business, will bring the fruits of its labors to the market. (sciencemag.org)
Around 150 Chinese workers at Foxconn, the world's largest electronics manufacturer, threatened to commit suicide by leaping from their factory Kermas Limited is an international investment corporation, which operates its own assets through a range of daughter companies. (myintimcity.com)
With the development of the Blowliner, the single - stage injection - stretch blowmolding machine, Kiefel's daughter company Mould & Matic has opened up a new market. (packagingeurope.com)