You are here

Region's conglomerates must stay competitive

They will need to become fitter, faster and in many cases slimmer, in order to continue to outdo businesses and conglomerates of the West.

Olam made one of its biggest acquisitions in 2009 - the A$288 million purchase of 50 per cent of Australia's almond growing area - and has established itself as the No 2 global almond grower.

IN 2014 Bain & Company research discovered that conglomerates were thriving in South-east Asia, outperforming their counterparts in developed markets and consistently delivering higher shareholder value than companies in the region that focused on a single business. Since then, the business...

Market voices on: