Associating subsidiaries can bring numerous benefits to a company, such as increased efficiency, shared resources, and enhanced collaboration. By pooling resources, subsidiaries can reduce duplicated efforts, improve economies of scale and reduce costs. The sharing of knowledge, expertise, and best practices can lead to improved processes and innovation. In addition, the association can facilitate cross-selling and create opportunities for joint ventures, resulting in increased market reach and revenue growth. The increased interdependence between subsidiaries can also lead to a stronger corporate identity and improved brand recognition.