Element Global Inc (ELGL)

[aMill]

Global "HOLDINGS", Inc is a HOLDINGS company. They are not going to have the typical centralized business hierarchy with brick and mortar stores setup everywhere. Holdings companies primarily provide the executive oversight to the many investments/businesses/assets it owns. If necessary for growth they obviously will open offices as Inzane just covered.

As the holdings company they wont be reinventing the wheel for most of its many different businesses (the investments are already doing fantastic, that is why they invested in them in the first place) they are there to facilitate the most efficient business environment for them. Help obtain more market share, decrease logistics costs etc.. and if opening more offices helps achieve those then they will when necessary.

This obviously a generalization and special situations arise with any company, but for the most part this is true.

If this was unclear, just looking up holdings corporations in google and there are tons of examples that will explain it in more detail.