New York, USA-based global authority in the wedding planning industry, The Knot Worldwide, acquired Spain-based global wedding marketplace Zankyou. The company announced the acquisition on February 3, 2023. However, no financial details were disclosed pertaining to the transaction.
Zankyou offers wedding planning tools and vendor marketplaces, connecting more than 350,000 couples per year with 150,000 vendors across its global brands.
Purpose of acquisition by The Knot Worldwide
The latest acquisition of furthers The Knot Worldwide’s vision to help engaged couples take their wedding from inspiration to action.
However, the deal does not include Zankyou’s business in Portugal or any joint ventures.
The acquisition further enables companies to continue innovating their products. Besides, they seek to expand their services to millions of engaged couples.
What The Knot Worldwide official has to say
Tim Chi, CEO of The Knot Worldwide, said, “As a key player in the global wedding industry successfully serving couples and wedding professionals around the world, we’re excited to welcome Zankyou to The Knot Worldwide. Adding Zankyou to our portfolio of brands furthers our mission to provide the best possible user experience, technology, and breadth of vendor selection to our engaged couples while seamlessly connecting those couples with our vendor partners. Together, we have a tremendous opportunity to continue innovating our products and expand our service to millions of engaged couples to help them celebrate their big day with their closest friends and family.”
The company boasts 40 years of combined wedding expertise through its brands such as The Knot, WeddingWire, Bodas.net, and Hitched.co.
What do the founders of Zankyou have to comment
In addition, Zankyou co-founders Guillermo Fernandez-Riba and Javier Calleja Arregui said, “We’re thrilled to have Zankyou join The Knot Worldwide family of brands. We are extremely proud of the Zankyou team’s innovation and passion that helped build a strong global brand in weddings. We’ve closely admired what The Knot Worldwide has built throughout the years and are incredibly excited for the future of the combined business.”
In 2008, Founders Carles Argemí, Guillermo Fernandez Riba and Javier Calleja launched Zankyou. Zankyou operates as a global digital wedding planning company. It serves couples and wedding professionals in more than 20 countries across the globe. Zankyou’s core business offers inspiring content, a vendor marketplace, personalized wedding websites, planning tools as well as a gift registry to help couples plan their unique weddings. The company boasts a strong customer base of 50 million visitors.
For more extensive analysis and Market Intelligence reports, feel free to approach us.
We try our best to fact-check and bring well-researched as well as non-plagiarized content to you. Please let us know
if there are any discrepancies in any of our published stories,
-how we can improve,
-what stories you would like us to cover
–what information you are looking for, in the comments section below or through our contact form! We look forward to your feedback, and thank you for stopping by!