Who Owns KidZania Dubai?
When it comes to the ownership of popular entertainment venues, it is often interesting to uncover the details behind the scenes. In the case of KidZania Dubai, the ownership structure is no exception. Let’s delve into who owns this unique and immersive children’s edutainment park.
The Founders
KidZania Dubai was founded by Xavier López Ancona and Rafael García Santos in 1996. The concept was originally developed in Mexico and quickly gained popularity due to its innovative blend of education and entertainment for children.
Mitsui & Co. Partnership
In 2007, KidZania Dubai entered into a partnership with Mitsui & Co., a leading Japanese conglomerate. Mitsui & Co. recognized the potential of the KidZania brand and invested in its expansion globally.
This strategic partnership not only provided financial backing but also facilitated access to Mitsui’s extensive network of business contacts and resources. With Mitsui & Co.’s support, KidZania Dubai was able to expand its reach beyond Mexico and establish locations in various countries around the world.
Emaar Entertainment Acquisition
In 2019, Emaar Entertainment, a subsidiary of Emaar Properties PJSC, acquired a majority stake in KidZania Dubai. Emaar Entertainment is a leading provider of premium leisure and entertainment experiences in the Middle East.
This acquisition further solidified KidZania Dubai’s position as a prominent player in the global edutainment industry. With Emaar Entertainment’s backing, KidZania Dubai gained access to additional resources and expertise, enabling further growth and development.
Current Ownership Structure
As of now, KidZania Dubai is jointly owned by Mitsui & Co. and Emaar Entertainment, with each company holding a significant stake in the park. This partnership ensures a strong foundation for KidZania Dubai’s operations and continued success.
The collaboration between these two major players in the entertainment industry has allowed KidZania Dubai to thrive and expand its reach, offering children around the world a unique and educational experience.
Conclusion
In conclusion, KidZania Dubai is jointly owned by Mitsui & Co. and Emaar Entertainment. This partnership has been instrumental in the growth and success of KidZania Dubai, enabling it to become a global leader in children’s edutainment. With such strong ownership and support, we can expect KidZania Dubai to continue providing immersive experiences for children for years to come.