Vail Resorts completes acquisition of Crans-Montana Mountain Resort in Switzerland
Acquiring Company
Vail Resorts
Acquired Company
Crans-Montana Mountain Resort
Broomfield
Crans-MontanaOtherHospitalitySportsHospitalityLeisureDescription
Vail Resorts, Inc. has closed on its purchase of Crans-Montana Mountain Resort, representing its second strategic investment to own and operate ski resorts in Europe. The acquisition includes an 84-percent ownership stake in Remontées Mécaniques Crans Montana Aminona (CMA) SA, 100-percent of SportLife AG, and full ownership of 11 restaurants located on and around the mountain with a valuation of CHF 118.5 million.
Quick answer
Vail Resorts is acquiring Crans-Montana Mountain Resort, announced May 27, 2024. Vail Resorts is based in Broomfield, Colorado, United States.
- How much did Vail Resorts pay for Crans-Montana Mountain Resort?
- The deal value was not disclosed.
- What does Vail Resorts do?
- Vail Resorts is a network of the best destination and close-to-home ski resorts in the world including Vail Mountain, Breckenridge, Park City Mountain, Whistler Blackcomb, Stowe, and 32 additional resorts across North..
- Where are Vail Resorts and Crans-Montana Mountain Resort based?
- Vail Resorts is based in Broomfield, Colorado, United States. Crans-Montana Mountain Resort is based in Crans-Montana, Valais, Switzerland.
- Who are the decision-makers at Vail Resorts?
- Fundz holds 1 contact at Vail Resorts. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Vail Resorts, and when
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Frequently asked
Who acquired Crans-Montana Mountain Resort?
Crans-Montana Mountain Resort was acquired by Vail Resorts, based in Broomfield. The deal was reported on May 27, 2024. Vail Resorts is publicly traded (MTN) and operates in Other.
When did Vail Resorts acquire Crans-Montana Mountain Resort?
Vail Resorts's acquisition of Crans-Montana Mountain Resort was reported on May 27, 2024. Vail Resorts, Inc. has closed on its purchase of Crans-Montana Mountain Resort, representing its second strategic investment to own and operate ski resorts in Europe. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Crans-Montana Mountain Resort do?
Crans-Montana Mountain Resort is a renowned destination ski resort with a rich history as an outdoor sports haven in Switzerland and around the world. The resort spans over 1,400 meters of skiable vertical terrain and 140 kilometers of trails. It is privately held, operating in Sports, and is based in Crans-Montana.
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