Cosmecca Korea Marks 25th Anniversary, Declares Ambition to Become a Global OGM Company

Passed U.S. FDA Inspections, Proving Production Quality
R&D to Be Strengthened with New Pangyo Office

Cosmecca Korea, a cosmetics Original Development Manufacturing (ODM) company, announced on the 13th that it held its 25th anniversary ceremony at its headquarters in Eumseong, Chungbuk, on the 12th and declared its ambition to become a global OGM company.

OGM refers to providing comprehensive services throughout the entire process, from analyzing the distribution structures of various sales countries, product planning and development, legal and regulatory review, production, quality control, to shipping.

Cosmecca Korea held its 25th anniversary ceremony on the 12th at its headquarters in Eumseong, Chungbuk. Photo by Cosmecca Korea.

Founded in 1999, Cosmecca Korea recorded its highest-ever consolidated sales last year, reaching 524.3 billion KRW. Operating profit and net profit increased by 22.8% and 58.6% year-on-year, respectively, reaching 60.4 billion KRW and 53.7 billion KRW.

Cosmecca Korea explained that it has led the domestic cosmetics ODM market based on innovative technology and a global production infrastructure. In particular, the company proved the differentiated value of the ODM model by developing the world's first triple-function BB cream.

All major production facilities in Korea and the United States have passed the U.S. Food and Drug Administration (FDA) OTC Drug inspections, solidifying their global-level quality capabilities.

At the ceremony, Cosmecca Korea Chairman Cho Imrae said, "For the past 25 years, under the philosophy of 'customer-centered, technology-centered,' we have set new standards in the global beauty industry and grown together with our customers," adding, "From now on, we will transform into a true partner that grows our customers' brand value together, going beyond simply being a manufacturer."

As its mid- to long-term strategy, Cosmecca Korea presented the following: securing unrivaled technological capabilities, customized digital transformation (DX), and embedding ESG management. In particular, the new Pangyo office building, scheduled to open in the second half of this year, will serve as a global research and development (R&D) hub aiming to become the 'mecca of cosmetics research,' thereby strengthening its technology-based ODM competitiveness.