SEOULEAGUER

What SEOULEAGUER does

SEOULEAGUER (rebranded to Cosleaguer Global on March 27, 2026; KOSDAQ ticker 043710) is a Korea-based holding company that operates an integrated beauty value chain spanning derma-cosmetics contract manufacturing, medical aesthetic devices, and consumer skincare brands. Following a 2024-2025 restructuring in which it divested legacy MSO hospital management and greentech operations, the group consolidated around three operating subsidiaries: Cosleaguer (a derma-cosmetics ODM manufacturer backed by the Sihwa Cosmetic Hub, a 400-million-unit annual facility with ISO 22716, ISO 14001, and ISO 9001 certifications), Hanchungmedical (medical aesthetics including the Bonetta HA filler with MFDS, CE, CFDA, NMPA, and CPNP registrations), and Moments Company (consumer brands Beplain, Beautysys, and Papier Haus, acquired in December 2025 for 81.2 billion KRW).

The B2B ODM core serves global cosmetics brands through end-to-end services from product planning and R&D through production, quality management, packaging, and shipment, with export customers representing roughly 95% of ODM revenue and supply contracts to Japan's TOP 3 drugstore chain Matsukiyo (7 private-label SKUs in production since December 2024) serving as the anchor relationship. On the B2C side, the Beplain, Beautysys, and Papier Haus brands reach domestic consumers through direct e-commerce (including TikTok Shop) and overseas markets through the company's stated K-Value distribution partnerships in China, Southeast Asia, the Middle East, Europe, and the United States. Customer segments broadly span global beauty brands (B2B), medical aesthetic companies and hospitals (B2 medical), and end consumers (B2C).

The business model combines transaction-based ODM revenue with custom-negotiated multi-year private-label contracts and growing royalty/licensing income from medical device distribution; pricing is bespoke per brand customer with no published price list. FY2025 consolidated revenue reached 35.7 billion KRW (84.4% YoY growth from 19.3 billion KRW), driven by the Cosleaguer ODM subsidiary and channel diversification. Capital backing includes a January 2025 20 billion KRW third-party capital increase anchored by Saesim and a December 2025 50 billion KRW convertible bond placed with FINTEK, the entity of Hugel co-founder Hong Seong-beom, who became the largest shareholder and provides strategic support for K-beauty global expansion.

Name

SEOULEAGUER

Legal name

주식회사 코스리거글로벌 (Cosleaguer Global Co. Ltd.)

Website

https://seouleaguer.net

Company type

Public

Founded year

1991

Headcount range

11–50 employees

Short description

SEOULEAGUER (Cosleaguer Global) is a Korea-based KOSDAQ-listed holding company operating derma-cosmetics ODM manufacturing (Cosleaguer), medical aesthetic devices (Hanchungmedical/Bonetta), and consumer skincare brands (Beplain, Beautysys, Papier Haus) for global cosmetics brands, hospitals, and end consumers.

Ownership category

akta.pro rank

Product category

Cosmetics and Medical Beauty Manufacturing

NAICS

Soap and Cleaning Compound Manufacturing (32561), Cosmetics, Beauty Supplies, and Perfume Retailers (45612), Cosmetics, Beauty Supplies, and Perfume Retailers (456120)

SIC

Perfumes, Cosmetics & Other Toilet Preparations (2844), Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics (2840)

akta.pro primary industry

Dermatology & Aesthetics Pharmaceuticals (HLAIAAAK)

akta.pro secondary industries

Bath & Shower Products (Soaps, Body Wash, Bath Additives) (CRADANAB), Hair Care (Shampoo, Conditioner, Styling, Treatments) (CRADANAE)

Keywords

• Dermocosmetics manufacturing
• Medical aesthetic devices
• Clean beauty skincare
• Cosmetics ODM services
• K-beauty brand portfolio

Headquarters

HQ city

Gangneung

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 화장품 ODM 제조 및 매출: 코스리거 자회사 중심의 ODM(제조자개발생산) 매출. 해외 수출 비중이 약 95%. 제품 기획, R&D, 제조, 품질관리, 패키징, 납품까지 원스톱 서비스. 2025년 ODM 매출 200억원 목표 달성을 목전에 둔 것으로 알려져 있음.
2. 화장품 브랜드 매출 (모먼츠컴퍼니): 모먼츠컴퍼니의 비플레인(beplain) 브랜드 매출. 2025년 잠정 매출 891억원, 영업이익 57억원. 海外 매출이 국내 매출을 추월하는 성장세.
3. 의료기기/의료 미용 유통 및 OEM·ODM: 톡신·필러 수출 유통 및 OEM·ODM 사업. 보네타(HA 필러) 등 자사 브랜드 의료기기 제품의 국내 및 해외 시장 공급.
4. 병원 MSO 사업 (과거): 과거 병원 MSO(병원경영지원), 유통, 그린테크 등 다양한 사업을 시도했으나 화장품 전업 체제 전환으로 해당 비중은 축소됨.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

SEOULEAGUER (Cosleaguer Global Co. Ltd.) operates a diversified K-beauty portfolio through five subsidiaries: Cosleaguer provides dermacosmetics ODM manufacturing from R&D to packaging for global brands; Hanchungmedical produces medical aesthetic products including HA fillers (Bonetta), botulinum toxin, and skin boosters with international regulatory registrations; and own consumer brands Beplain (clean beauty), Beautysys (personal visual care), and Papier Haus (premium cleansing) are sold through domestic and global channels.

Product overview

Cosleaguer Global (코스리거글로벌) operates a diversified beauty portfolio comprising five distinct brands and subsidiaries: (1) Cosleaguer - dermatocosmetics ODM manufacturing with ISO-certified production; (2) Hanchungmedical - medical beauty products including fillers and skin boosters; (3) Beplain - clean beauty skincare brand; (4) Beautysys - data-driven personal visual care; and (5) Papier Haus - premium melting cleansing solutions. The company provides integrated beauty value chain from R&D and manufacturing (ODM) through brand operations to global distribution.

Differentiator

Problem solved

Functional benefit

Products and services

• Cosleaguer ODM Manufacturing Services Dermacosmetics ODM (Original Design Manufacturing) services for global cosmetics brands. Provides one-stop total solutions from product planning and R&D to design, global certification, production, quality control, and packaging. Production capabilities span mask packs, skincare, color cosmetics, and body/hair products. ISO 22716, ISO 14001, and ISO 9001 certified.
• Hanchungmedical Medical Beauty Products Medical beauty products including botulinum toxin, HA dermal fillers, skin boosters, and PLLA/PDLLA products under the Bonetta and Edrickx brands. Operates global distribution across Asia, China, USA, and Europe with MFDS, CE, CFDA, CPNP, NMPA, and GS1 regulatory registrations. cGMP automated production.
• Beplain Clean Beauty Skincare Clean beauty skincare brand focused on sustainable and healthy skincare routines. Reinterprets traditional ingredients with modern science. Known for the 'Green Bean Foam' cleanser. Operated by the Moments Company subsidiary.
• Beautysys Personal Visual Care High-functional personal visual care brand delivering data-driven skincare solutions. Offers products from women's basic skincare to personal care and inner beauty, considering body balance beyond just skin. Localized formulations for different markets.
• Papier Haus Premium Cleansing Premium melting cleanser brand combining stability of solid with convenience of liquid. Offers 4 functional types and moods for personalized cleansing based on T.P.O (Time, Place, Occasion). Transforms cleansing into a sensory ritual experience.

Quantifiable outcome

• 서울리거 2025년 연결 매출 357억원 (전년比 84.4% 증가)
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• 엑소코바이오coreStrategic or Co-development Partner · 19 December 2025한청메디컬의 자사 필러 브랜드 '보네타(Bonetta)' 생산을 위한 협력. 2025년 12월 19일 상호 영업지원 활성화 및 포괄적 협력방안 MOU 체결. 보네타는 식약처로부터 조직 수복용 생체재료 의료기기 품목허가(2025년 8월) 획득. 보네타 필러의 국내 시장 출시 및 OEM/ODM 공급 확대를 위한 협력.

Scale indicators15 records

Recent moves11 records

Expansion highlights6 records

Emerging players

• COSRX: Korean clean/minimalist skincare brand with strong global DTC presence; directly comparable to Beplain in the clean-beauty consumer brand segment.
• Clio Cosmetics: Korean color cosmetics and skincare brand with growing global distribution; overlaps with Beautysys and Cosleaguer color-cosmetics ODM offerings.
• Beauty of Joseon: Fast-growing K-beauty skincare brand with strong TikTok Shop and Olive Young presence; comparable emerging brand competing with Beplain in the same clean-beauty category.

Direct peers

• Hugel: Korean aesthetics company specializing in botulinum toxin and HA fillers; highly comparable to Hanchungmedical's medical-beauty portfolio, with direct line to Seouleaguer's chairman who co-founded Hugel.
• Cosmax: Major Korean cosmetics ODM with global manufacturing footprint and multinational brand clients; competes head-to-head with Cosleaguer for ODM contracts from beauty brands.
• Kolmar Korea: Korea's largest cosmetics ODM manufacturer, directly comparable to Cosleaguer's derma-cosmetics ODM business with global brand customers and ISO-certified manufacturing capacity.
• Medytox: Korean botulinum toxin and aesthetics biopharmaceutical company; competes with Hanchungmedical in the same aesthetics injectable category.

Broad incumbents

• LG Household & Health Care: Diversified Korean personal-care and beauty company with ODM, branded cosmetics (The Face Shop, Belif), and household product lines; broad incumbent overlapping Seouleaguer's portfolio.
• Amorepacific: Korea's largest beauty conglomerate spanning ODM, branded skincare (Innisfree, Sulwhasoo, Laneige), and selective distribution; broad incumbent across all of Seouleaguer's segments.
• Daewoong Pharmaceutical (Nabota): Korean pharmaceutical company with aesthetics botulinum toxin franchise (Nabota); competes with Hanchungmedical in the medical-beauty category with greater scale.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/seouleaguer

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SEOULEAGUER