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Kolmar Group Joins South Korea's Large Business Tier After 36 Years — HK inno.N at the Core
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[Korea Financial Times, Yang Hyunwoo] South Korea's first large enterprise in the cosmetics ODM (original design manufacturing) industry has emerged. Kolmar Group, which surpassed KRW 5 trillion in total assets 36 years after its founding to be designated as a publicly disclosed large business group by the Korea Fair Trade Commission (KFTC), is the protagonist. Behind this milestone lies not only the boom in the cosmetics industry but also a strategic expansion into the pharmaceutical and biotech sectors — with HK inno.N at the very center.
Beyond Cosmetics ODM: Into Pharmaceuticals and Biotech
According to industry sources on April 30, Kolmar Group has been included in the KFTC's "2026 Publicly Designated Large Business Group" (a regulatory designation applied to conglomerates with total assets of KRW 5 trillion or more, subject to enhanced disclosure and anti-tunneling regulations).
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