- Business
- MPM Corpóreos S.A. operates as a leading provider of laser hair removal and aesthetic services in Latin America, primarily through owned and franchised stores under the Espaçolaser brand in Brazil; Definit brand in Argentina; and Cela by Espaçolaser in Chile, with additional presence in Colombia and Paraguay. The company offers comprehensive laser depilation services covering 35 body areas for women and 29 for men; facial aesthetics treatments including botulinum toxin injections, dermal fillers, laser facial procedures, and chemical peels under the Estudioface brand; physiotherapy services in body aesthetics; and complementary products such as body lotions, gels, and moisturizers. Founded in 2004 and headquartered in São Paulo, Brazil, MPM Corpóreos serves over five million customers across all Brazilian states and key Latin American markets through an omnichannel platform featuring interconnected stores, a mobile app, e-commerce, and flexible financing options; it operates through Laser, International Operations, and Franchising segments as a subsidiary of Grupo Espaçolaser, employing over 4,600 people with approximately 870 stores as of late 2024.
In recent developments, the company expanded to 872 stores by year-end 2024, including 806 in Brazil and 66 across Latin America, while launching a cooling system project to enhance operational efficiency and reduce costs. It reported Q1 2025 earnings, announced early debenture redemptions totaling R$593 million in October 2025 to lower leverage and optimize its capital structure, and continued store growth with 31 new units in Brazil and 16 in other Latin American countries during 2024 alongside digital transformation initiatives boosting app adoption and customer NPS to 87.