Vail Resorts Acquires Crans-Montana Mountain Resort (Switzerland)
November 30, 2023
Vail Resorts, Inc. agreed to acquire Crans-Montana Mountain Resort in Valais, Switzerland from CPI Property Group, taking an 84% stake in Remontées Mécaniques Crans Montana Aminona (CMA) SA, an 80% stake in SportLife AG, and full ownership of 11 restaurants. The acquisition expands Vail's European resort network and will include Crans-Montana on select Epic Pass products; Vail expects to invest in capital projects and grow EBITDA through network synergies and Epic Pass inclusion.
- Buyers
- Vail Resorts, Inc.
- Targets
- Crans-Montana Mountain Resort, Remontées Mécaniques Crans Montana Aminona (CMA) SA, SportLife AG
- Sellers
- CPI Property Group (CPIPG)
- Industry
- Restaurants & Hospitality
- Location
- Valais, Switzerland
- Transaction Type
- Buyout
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.