Deal Snapshot
Vail Resorts Closes Acquisition of Majority Stake in and Operate Swiss Resort Andermatt-Sedrun Sport
Friday 05 August 2022

US-based mountain resort operator Vail Resorts, Inc. (NYSE: MTN) has closed the acquisition of a majority stake in Switzerland-based ski resort operator Andermatt-Sedrun Sport AG from Andermatt Swiss Alps AG, marking the company's first strategic investment in, and opportunity to operate, a ski resort in Europe, the company said.

Andermatt-Sedrun is a renowned destination ski resort in Central Switzerland, located less than 90 minutes from three of Switzerland's major metropolitan areas (Zurich, Lucerne and Lugano) and approximately two hours from Milan, Italy.

Date Published: 05/08/2022