"associated companies" is a correct and usable phrase in written English.
You can use it to describe entities that are related but may not be officially connected. For example: "The board of directors oversees operations for the company and its associated companies."
The main sponsor was Shore Capital, a Mayfair boutique investment bank led by Howard Shore, who has donated £450,000 to the Conservatives personally and through associated companies.
The US government is entitled to demand compensation amounting to $1,100 for each barrel spilled, and if gross negligence is shown in court, BP and associated companies could be liable for up to $4,300 a barrel.
Nick Grealy, who runs the consultancy No Hot Air which is funded by "gas and associated companies", and includes the UK's most high-profile shale gas fracker Cuadrilla among its clients, predicted last year that: "... the star of the North American show is barely on most people's radar screens.
Countries – These entities have associated companies, and also have objectives.
These activities are carried out through its subsidiary, joint venture and associated companies.
How the ripples will shake associated companies such as Kmart can only be guessed.
In 1969 he and Karel Shook founded Dance Theatre of Harlem, an integrated school, whose associated company made its debut in 1971 in New York City.
But then Scope, a specialist rating agency, downgraded another fund, KanAm US-grundinvest, because of an investigation in America into the Mills Corporation, an associated company.
In comparison with the population of innovative companies, however, there is greater heterogeneity among foreign subsidiaries, i.e. they are not more likely to introduce 'real' innovations if they cannot utilize knowledge transfer from an associated company.
The letter's signatories have all signed in a "personal capacity" (even though they also add their associated company's name right next to their's).
In 1959 BOAC began shifting its Comets from transatlantic routes and released the Comet to associate companies, making the Comet 4's ascendancy as a premier airliner brief.
