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frap | An American company buys the Crans Montana ski resort

Crans Montana ski resort has been acquired by an American company

Vail Resorts Expands to Switzerland, Acquiring Crans-Montana Resort - Focus on Travel News

Vail Resorts acquires Crans-Montana Resort in Switzerland, bolstering its European presence and offering skiers a premier Alpine experience.

Vail Resorts to Acquire Crans-Montana Mountain Resort in Switzerland, the Company's Second Ski Resort in Europe

Vail Resorts, Inc. (NYSE: MTN) announced today that it has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group ("CPIPG"). Crans-Montana Mountain Resort spans over 1,400 meters (approximately 4,593 ft) of skiable vertical terrain, and 140 kilometers (approximately 87 mi) of trails. Accessible from five airports and by train, Crans-Montana Mountain Resort is located in the Valais canton of Switzerland, approximately two and a half hours from Geneva and less than four hours from Milan and Zurich. The resort is two and a half hours away from the company s other owned and operated European resort in Andermatt-Sedrun.

Vail Resorts to Acquire Crans-Montana Mountain Resort in Switzerland for CHF 118.5 Million

Article - Vail Resorts to Acquire Crans-Montana Mountain Resort in Switzerland for CHF 118.5 Million - Vail Resorts, Inc. (NYSE: MTN) announced yesterday that it has entered into an agreement to acquire Crans-Montana Mountain Resort in Switzerland from CPI Property Group. Crans-Montana Mountain Resort spans over 1,400 meters (approximately 4,593 ft) of skiable vertical terrain, and 140 kilometers (approximately 87 mi) of trails.