Sentences with phrase «independent subsidiary»
An independent subsidiary refers to a separate company that operates on its own but is still owned or controlled by another company, known as the parent company. The subsidiary has its own management, operates independently, and has its own profits and losses. However, the parent company has the authority to make major decisions and has a certain degree of control over the subsidiary's operations. Full definition
China Mist Tea Company is a premier supplier of fine iced and hot teas for the foodservice and retail industry, and is a wholly - owned, independent subsidiary of Farmer Bros..
fb101.com
It's not Yureka Plus, Yutopia, Yunique, or Yuphoria, it is the latest flagship from the Micromax independent subsidiary.
As the vice president of innovation services for Home Innovation Research Labs — a wholly owned, independent subsidiary of the National Association of Home Builders — she works with manufacturers to test building products and appliances.
As a reminder: Intel is spinning off the unit into an independent subsidiary and TPG is investing $ 1.1 billion for a controlling stake, valuing the company at $ 4.2 billion.
Hammond also affirms that the ten - year - old Joyent will continue to operate as an independent subsidiary of Samsung, helping it get into the cloud - computing platform game.
Under the terms of the deal, iQIYI, which is an independent subsidiary of search giant Baidu, will be the first online platform in China to stream the Fox films.
A small firm taken on as an independent subsidiary might gain just the right combination of creative autonomy and financial stability.
Arla Foods Ingredients, an independent subsidiary of Danish - Swedish cooperative Arla Foods, has completed the expansion of its whey processing facility in Denmark.
Unata — whose headquarters will remain in Toronto — will become an independent subsidiary of Instacart, maintaining its name and brand.
Australian Certified Organic is an independent subsidiary of Australian Organic, responsible for the certification of organic foods and fibres and was set up in 2001 to distinctly separate the task of certifying and regulating organic products from that of promotion of the industry and representing the industry's interests to government.
Blue Marble Brands is an independent subsidiary of United Natural Foods, Inc. (Nasdaq: UNFI).
Under a $ 400 million stock swap made public this month, Broderbund Software Inc., the publisher of the popular «Carmen Sandiego» line of educational - software programs, will become an independent subsidiary of Electronic Arts Inc., one of the nation's largest video - game publishers.
They come from new firms (or independent subsidiaries) entering the market, introducing new products and systems, and responding nimbly to the demands of consumers.
Grandinetti says Goodreads will be an independent subsidiary of Amazon, like Zappos or IMDB.
Upon closing, Chewy will continue to be led by co-founder and CEO Ryan Cohen and operate largely as an independent subsidiary of PetSmart, focusing on its current business strategy, while PetSmart will continue to execute its initiatives across the company.
In 2015, the world's largest law firm created NextLaw Labs, an independent subsidiary designed to disrupt the legal industry through innovation.
And after that story ran, NextLaw Labs, an independent subsidiary of the legal giant Dentons, became an investor in what is now known as ROSS Intelligence.
In 2015, Dentons, the world's largest law firm, spun out Nextlaw Labs, an independent subsidiary to explore new means to deliver legal services driven by technology after sensing rumblings of coming disruptive shifts in the industry.
Apart from that, one of the largest Chinese smartphone firm, BBK, which apparently owns Oppo, OnePlus and Vivo has already established an independent subsidiary to focus on manufacturing AMOLED panels.
Nokia is reportedly in talks with a private equity group called EQT in an attempt to sell off its independent subsidiary, Vertu.
Plus, Vertu is an independent subsidiary, so separating the luxury phone maker from the Finnish super company shouldn't prove all that complicated.