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"conglomerate of" is a correct and usable part of a sentence in written English.
You can use it when referring to a group of companies or organizations that are all related in some way or have some kind of common interest. For example: "This large company is the result of a conglomerate of several smaller startups."
Exact(59)
Match, in essence, is a conglomerate of online dating businesses.
Stephen Thomas heads Luminar, Britain's largest conglomerate of bars and clubs.
Even within Siemens, a sprawling conglomerate of a dozen or so divisions, the differences are stark.
Anglo American is a conglomerate of mining businesses in gold, platinum, coal and much else.
As the Heat compiled its conglomerate of superstars, the Orlando Magic built around the edges.
They are a conglomerate of shortstops the baseball world has never seen at the same time.
Hebei Steel, the conglomerate of which Hansteel is now a part, is the country's biggest producer.
We are a conglomerate of citizens; some are law enforcement although we don't disclose who.
In the 1980's, Anglo grew into an opaque conglomerate of broad interests.
Mr. Milner's surveys led him to Tencent, a sprawling Shenzhen conglomerate of instant messaging, social networking and gaming businesses.
The government operates numerous health facilities, including the gigantic General Hospital and the Medical Centre, a conglomerate of specialized units.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com