Kolmar Group’s holding company, Kolmar Korea Holdings, is changing its name to Kolmar Holdings. This change reflects its aim to expand into the global market and establish its identity as an integrated brand.
Kolmar Korea Holdings held a shareholders’ meeting on March 29 and decided to change its name to Kolmar Holdings. The new name goes into effect on April 1, and it will be officially listed as “KOLMAR HOLDINGS CO., LTD.” in English.
This name change symbolizes Kolmar Holdings’ ambition to lead Kolmar enterprises worldwide, surpassing its Korean origins. It outlines the company’s plan to spearhead the advancement of its affiliates in the cosmetics, pharmaceuticals, and health supplements sectors towards achieving global market expansion.
Previously, Kolmar Holdings acquired 100% of the global trademark rights for “KOLMAR” from the original Kolmar in the United States in 2022, proclaiming Kolmar Korea as the center of Kolmar worldwide. Gaining exclusive rights to the KOLMAR brand enables the company to quickly advance its business in the global market.
Furthermore, Kolmar Holdings has committed to solidifying the identity of the Kolmar Group under the unified KOLMAR brand. This includes reinforcing a cohesive identity among domestic corporations as well as international branches like Kolmar USA, Kolmar Canada, and Kolmar Wuxi, under the motto “One Kolmar.”
Original Article: https://www.businesskorea.co.kr/news/articleView.html?idxno=214221#google_vignette