US Business Index

Most acquisitive companies

Ranked by the number of subsidiaries on record for each company, sourced from Wikidata corporate-structure data. A count of subsidiaries is a record of ownership structure, not a claim about acquisition strategy or recency.

#CompanySubsidiaries on recordIndustry
1Warner Music Group57media
2Microsoft56technology, manufacturing
3Genesee & Wyoming41—
4Google LLC38technology, professional services
5Amazon36retail
6General Motors34transportation
7United Nations25—
8American Honda Power Equipment Division23manufacturing, transportation
9AOL23technology, media
10Nestlé USA - Beverages Division23food and beverage
11AT&T22telecom
12General Electric22finance, energy, transportation
13Berkshire Hathaway21finance
14Continental AG21manufacturing, transportation
15Kaiser Permanente21healthcare
16IBM20technology, professional services
17Marriott International20healthcare
18Pfizer20healthcare
19Walmart20retail
20CRRC Sifang America19manufacturing
21Watco19energy
22Ciba Vision18healthcare, manufacturing
23Johnson & Johnson18technology, healthcare
24Sony BMG18—
25The Art Institutes18—
26HP17technology
27The Coca-Cola Company17food and beverage, consumer goods
28Cisco Systems16telecom
29DC Comics16media
30DuPont16manufacturing
31Ford16transportation
32IAC16technology, media
33Liberty Global15—
34Netflix, Inc.15media
35Nintendo15media
36Nintendo of America15media
37PepsiCo15food and beverage, consumer goods
38Intermountain Healthcare14healthcare
39Mondelez International14food and beverage
40AGCO13manufacturing
41Backflip Studios13—
42Boeing13real estate, aerospace defense
43Cloudflare13technology, media
44Expedia Group13—
45General Dynamics13aerospace defense
46Hasbro13—
47Hitachi Capital America Corp.13technology, energy
48Hitachi, Ltd.13technology, energy
49Medtronic13technology, healthcare
50Pioneer Railcorp13transportation

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